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Eutelsat notice to shareholders

Eutelsat is offering its shareholders an option, but a decision has to be made before December 9th. Shareholders have two options: They can do nothing and still receive Eutelsat’s annual dividend of €0.93 per share. The alternative is to elect to receive their dividend payment in the form of new shares. “Shareholders who have not […]

December 6, 2022By Chris Forrester

108 Media acquires Piccadilly Pictures

London/Singapore-based international content investment studio 108 Media has reached an agreement to acquire a majority stake of London-based film and television financing firm Piccadilly Pictures.In addition to bolstering its ambitions in Europe, 108 Media will also begin to expand the remit of their latest acquisition into emerging markets by launching Piccadilly Pictures APAC, a new […]

December 6, 2022

Cube invests in ClioFiber

Cube Infrastructure Managers’ Connecting Europe Broadband Fund (CEBF) has announced its investment in a wholesale fibre-to-the-home (FTTH) / fibre-to-the-office (FTTO) project operated by ClioFiber in Italy. The first phase of this project represents an investment plan of circa €50 million. ClioFiber marks a major milestone in CEBF’s history as the fund’s tenth investment since its […]

December 6, 2022

Poll: UK adults want FTA broadcasting protected

Three quarters (75 per cent) of people in key UK constituencies want their MP to protect traditional TV services, as the country faces a deepening cost of living crisis. A poll of over 5,000 people in the north and south of England found that eight in 10 (78 per cent) see digital terrestrial TV – […]

December 5, 2022By Colin Mann

Research: ‘UK audiences OK’ with brand placements

Audience research commissioned by broadcast regulator Ofcom reveals UK viewers’ attitudes towards commercial references in and around TV programmes. In addition to income from adverts in commercial breaks, broadcasters can generate revenue from references in programmes. These commercial arrangements allow brands, products and services to feature in and around TV programmes – through product placement […]

December 5, 2022By Colin Mann

Vodafone’s Read to step down

Vodafone Group has announced that Nick Read has agreed with the Board that he will step down as Group Chief Executive and as a Director of Vodafone on December 31st, following which he will be available as an adviser to the Board until March 31st 2023. Margherita Della Valle has been appointed interim Group Chief […]

December 5, 2022

NitroTV hit with $51m piracy damages

The Alliance for Creativity and Entertainment (ACE), the coalition dedicated to protecting the dynamic legal ecosystem for creative content, has applauded a new federal court order requiring IPTV piracy service NitroTV to pay $51.6 million (€49m) in damages to certain ACE members for “egregious” copyright infringement. NitroTV was a collection of unlicensed web-based and application-based […]

December 5, 2022By Colin Mann

Board changes at Redge Technologies

Tomasz Kamiński has been nominated to the Board of Redge Technologies as CFO. The board member will support the leader of OTT technology in the CEE region in the strategic and operational areas. Kamiński is an experienced expert in strategic consulting and private equity funds. He joined Redge Technologies in 2021 as CFO. Previously, he […]

December 5, 2022

Ryley leaving Sky News

John Ryley has announced he is stepping down as head of Sky News after 17 years. Ryley, who has been with Sky for 28 years, began his career as a BBC graduate news trainee and went on to programme edit ITV’s News at Ten before joining Sky in 1995 as an output editor. He was […]

December 5, 2022

SABC in grim financial position

South Africa’s SABC public broadcaster has told a parliamentary committee that its financial position is grave. Overall its financial revenues are some 27 per cent below an already squeezed budget. SABC had hoped for a 64 million Rand (€3.46m) surplus this year but CFO Yolande van Biljon told MPs at a sitting of the nation’s […]

December 5, 2022By Chris Forrester