UK to review digital radio sector
Recognising that changes in technology and the competitive landscape in recent years mean that the debate about a future digital transition programme for radio in the UK has shifted, Margot…
Hautefort appointed Netgem CEO
Netgem’s Board of Directors has decided to separate the functions of Chairman and Chief Executive Officer, appointing Mathias Hautefort as its Chief Executive Officer, replacing Joseph Haddad who will remain…
CBA 5G decision later this year
Equity analysts from investment bank Exane/BNPP spent an intense week talking to industry executives as well as regulators in Washington, and taking advantage of the Satellite 2019 conflab. The result…
Avanti seeks more cash
London-based Avanti Communications is looking at various options in order to rise money. The end result will be additional capital in the form of fresh senior debt which it calls…
EC investigates Telia Bonnier acquisition
The European Commission has opened an in-depth investigation to assess the proposed acquisition of Bonnier Broadcasting by Telia Company under the EU Merger Regulation. The Commission is concerned that the…
Sky reveals sports management changes
As it looks at new opportunities for growth as part of the Comcast family, Sky has revealed two major senior management changes with CEO Jeremy Darroch suggesting that one of…
Discovery acquires Golf Digest
Discovery has acquired Golf Digest from Condé Nast. Golf Digest is a global golf media brand and will extend Discovery’s global golf media business to the US market through Golf…
Maxar/SS-L sees revenues drop
Maxar Technologies, still better known by many as MDA for its ‘Canadarm’ robotic division or Space Systems/Loral for its satellite-building subsidiary, suffered a drop in its latest quarterly revenues to…
UK MPs call for “robust attack” on beoutQ
A Committee of UK MPs has called for a “robust attack” on beoutQ, the Saudi Arabia-backed pirate TV operation, after it was revealed in Parliament that the illegal operation steals…
TiVo to split
TiVo has been talking about its “strategic review” for some time. The results are now in and the decision is that the business will split into two entities: a product-based…
Fox Sports enters betting
Fox Sports is entering the betting arena “ambitiously, aggressively, but also responsibly,” the division’s chief, Eric Shanks, declared during the Fox Corp investor day. Fox Bet, a new offering catering…
Facebook founder: ‘Break it up’
A co-founder of Facebook has called for the US government to break up the company, warning that its power is “unprecedented and un-American”. Chris Hughes wrote in the New York…
Telefónica increases revenues and subs
Telefónica ended the first quarter with a net profit of €926 million, up 10.6 per cent on the same period last year. The group reduced its debt by 5.7 per…
Viacom up on cost cuts
Viacom reported higher second-quarter income as it cut costs. Net income for the US media giant rose to $376 million (€334.2m), up from $266 million a year ago. Revenues fell…
Genesys hires Bates as CEO
Genesys, the global player in omni-channel customer experience and contact centre solutions has announced Tony Bates as its new CEO effective immediately. Bates succeeds Paul Segre, who will continue with…