California-based satellite operator Viasat is reportedly restructuring some of its debt obligations. Viasat now owns London’s Inmarsat, and Bloomberg reports that a group of banks, including JPMorgan Chase and Bank of America, are looking to offload about $1.35 billion of debt that was tied to the purchase of Inmarsat. The banks are reporetedly marketing a […]
The commercial agreement between SES and SpaceX’s Starlink to jointly serve the fast-growing cruise market is a major move for both businesses. SES, using its O3b medium Earth orbiting (MEO) satellites, and SpaceX’s Starlink, both have existing relationships with cruise lines. This new relationship will see SES sell and manage multi-orbit connectivity services into the […]
Munich-headquartered Mynaric makes inter-satellite laser links (more correctly called optical communications terminals). It has just reported its half-year results, which show continued demand for its products. The news release highlighted that Mynaric has raised €80.6 million growth capital in April 2023 via a $75 million 5-year term loan debt and equity issuance to US-based global […]
Vestel will make available in Italy the first Smart TV compatible with the new pan European DVB-I standard allowing Italian broadcasters to test on the market their new Smart TV offering. The Italian Market Trial of this new transmission technology will allow Vestel customers to experience the reception of linear TV channels both directly from […]
Norway-based Schibsted, a family of digital brands, has informed the Oslo Stock Exchange that it now owns a minority stake of 10.1 per cent in Viaplay Group. Streaming and media company Viaplay has more than 45 brands operating in 30+ markets, primarily in the Nordics. It operates the premium streaming service Viaplay, several TV channels, […]
Nielsen, the audience measurement, data and analytics specialist, has announced that Karthik Rao has been named CEO, effective immediately. David Kenny, who has served as CEO since 2018, will assume the role of Executive Chairman. “Nielsen has been my home for most of my career, and I could not be more excited for this new […]
The Qvest Group has strengthened its service portfolio through the acquisition of TeraVolt. The OTT developers and consultants from Hamburg have established themselves in the field of big screen applications, respectively Connected TV, and personalised live sports broadcasting. With the combination of TeraVolt’s specific expertise and comprehensive production know-how, Qvest says it offers its customers […]
The long-running legal action from SES arguing for a greater share of the FCC’s C-band compensation payments, and which demands Intelsat honour its 50/50 agreement with SES, has now set some key dates for the action. SES has already received a positive Appeal verdict from the US District Court and now the lower Bankruptcy Court […]
The Digital TV Group (DTG), in partnership with Ateme, Imaginary Pictures, Virgin Media O2 and University of Surrey have successfully secured Government funding to develop a solution to optimise mobile network performance in High Demand Density (HDD) environments such as music festivals, sporting events, and major public gatherings. The 5G ONE4HDD consortium aims to design […]
iSpot.tv, the TV ad measurement company used by top advertisers, networks and platforms, has announced the acquisition of next-generation measurement and attribution company 605. The deal brings together two independent TV measurement companies with a significant customer footprint across brands, TV networks and streaming publishers. The acquisition of 605 immediately bolsters iSpot’s measurement solutions for […]