Advanced Television

Business

DAZN appoints Novokreshchenova as freemium CEO

DAZN, the sports streaming platform, has appointed Elena Novokreshchenova as its first senior executive to drive its freemium proposition. In her new role, Novokreshchenova will lead the rollout of a new global free tier in DAZN, which will become a key part of DAZN’s offering.  DAZN’s freemium services will offer diverse content, including live events, […]

April 9, 2024

Canal+ makes buyout offer for MultiChoice

Canal+ has made an all-cash mandatory offer to acquire all the shares of South African broadcaster MultiChoice that it does not already own for SAR35 billion (€1.73bn), both companies have confirmed. That offer at SAR125 per share follows an indicative offer of 105 rand made by Vivendi-owned Canal+ on February 1st, which MultiChoice rejected on […]

April 8, 2024

Ofcom warns TalkTV over “potentially offensive comments”

TalkTV, the free-to-air television and radio channel owned and operated by News UK, has been warned by media regulator Ofcom “to take extra care to ensure that comments which have high risk of causing serious offence are justified and put into proper context”. This follows an assessment of comments made by Julia Hartley-Brewer during an […]

April 8, 2024

Televisa acquires AT&T’s Sky Mexico stake

Mexican telco Grupo Televisa has reached an agreement with AT&T for the acquisition of its participation in Sky Mexico, by which the company would become owner of 100 per cent of Sky’s capital stock. As part of this agreement, the transaction price would be paid by the company in 2027 and 2028. The transaction is […]

April 8, 2024

Mediagenix acquistion expands footprint in US

Mediagenix, a specialist in content life cycle solutions, has acquired the media programme management solution of record for broadcast networks and cable companies across the US. As part of the transaction, Mediagenix has acquired 55 new customers and 11 employees from its strategic partner, the market specialist in broadcast inventory and revenue workflow management. The […]

April 8, 2024

Boeing, Virgin Galactic in court battle

On March 21st aerospace giant Boeing entered a writ against Virgin Galactic in the US District Court of Virginia. The action alleged that Virgin owed Boeing $26 million (€24m) and that it had misappropriated certain IP and trade secrets associated with the development for a new space tourism aircraft for Virgin. Boeing, and an associated […]

April 8, 2024

Sky Brasil shifts focus from pay-TV to broadband

Sky Brasil is undergoing a major overhaul, shifting its focus from pay-TV to broadband. This strategic move comes as the country’s pay-TV market shrinks, with subscriber numbers dropping steadily. “We’re transitioning to become a connectivity and streaming service provider,” Sky Brasil’s president, Gustavo Fonseca, told local daily Valor Economico. He predicts that, within five years, […]

April 5, 2024From Branislav Pekic in Rome

Barb appoints Cheeseman as Finance Director

Barb, the industry’s standard for measuring what people watch, has appointed Sara Cheeseman as Finance Director. Working alongside Justin Sampson, Chief Executive, she will be responsible for leading the company’s financial strategy and operations through annual budgeting and ongoing financial monitoring, as well as financial performance reporting to the board of directors. Working closely with […]

April 5, 2024

Euroconsult, SpaceTec Partners form Novaspace

Space consulting players, Euroconsult and SpaceTec Partners, are merging to create Novaspace, which will serve as a specialist in professional services dedicated to the space industry. Euroconsult has a 40-year legacy in consulting, market intelligence and executive summits; and SpaceTec Partners brings two decades of experience in management consulting, including strategy, innovation advisory and market […]

April 5, 2024

Skydance closing in on Paramount

Film studio Skydance is reportedly in advanced, exclusive negotiations to acquire Paramount in a deal valued around $26 billion – $27 billion. Skydance CEO David Ellison is said to have been meeting with Shari Redstone – whose family’s privately owned cinema group holds 77 per cent of Paramount’s voting stock – and has also met […]

April 4, 2024