Varnish Software, a specialist in caching, streaming, and content delivery software solutions, has announced the appointment of Fredrik Borg as its new Chief Executive Officer. In his new role, Borg will build upon Varnish Software’s latest achievements while driving continued expansion across the global content delivery market. Borg has driven growth and innovation in the […]

Technetix has announced the appointment of Philip Deakin as Chief Financial Officer of Technetix Group. Technetix’s current CFO, Robert Bell, has decided to leave Technetix to pursue other opportunities and has left the business with immediate effect. Deakin will take up his post as CFO immediately. He brings more than 20 years’ experience in financial […]

Sir Richard Branson says he is not putting any more cash into the Virgin Galactic rocket space tourism venture. He told the FT that his business empire “does not have the deepest pockets” any more and that he had learned an expensive lesson with its Virgin Orbit business which went bust earlier in 2023. Virgin […]

After much delay, troubled streaming service Viaplay has posted its Q3 results revealing that operating income for the quarter dropped by SEK -321 million (€28.1m). Further quarterly highlights included: 7 per cent  Group organic sales growth with reported net sales of SEK 4,536 million 17 per cent Viaplay organic sales growth and Viaplay now represents […]

Investment bank Jefferies, in a report for clients, says that Nordic streaming results Viaplay’s current equity value is “essentially written down to nil” and with the current equity “wiped out” it has rated Viaplay as “Underperform”. “The execution risk of the plan is low. Management’s tone on the 7am (December 1st) UK call [on the […]

Prime Video has announced that Sky Sports broadcasting legend Jeff Stelling will return to UK screens to join Prime Video’s talent line-up, spearheading the Every Game Every Goalshow on December 6th, which allows fans to see all the goals and key moments from every game across all six of that evening’s fixtures.  In addition, Dan Walker will make his […]

Munich-based Isar Aerospace, which specialises in small satellite launches, has modified its formal registration from a GmbH (‘Gesellschaft mit beschränkter Haftung’, meaning ‘company with limited liability’) to an ‘SE’ (Societas Europaea) registered business. Rumours suggest the move could be a precursor to a move to an IPO. Isar Aerospace has raised significant funds over the […]

The French Senate is discussing a streaming music tax. The proposal, if adopted, will be made through amendments to the Finance Bill (PLF) 2024, the principle of taxing music streaming platforms. The tax contribution will fund the National Music Centre (NJC). Currently, the organisation receives government support and a ticket tax for live performances. The […]

The on-off merger between tow Indian entertainment giant, Zee Entertainment Enterprises (ZEEL) and Sony Corp’s India production and broadcasting divisions is again at risk of collapsing. Local reports say that time is running out to conclude the agreement which – if successful – will create a $10 billion media giant. There are many unresolved issues, […]

Disney is bracing for another proxy battle with the activist investor Nelson Peltz. James Gorman, Morgan Stanley’s chief executive, and Jeremy Darroch, who formerly ran Sky, the British television company, will join Disney’s board early in 2024, according to a securities filing. “Their appointments reflect Disney’s commitment to a strong board focused on the long-term […]