The Culture, Media and Sport Committee of the UK House of Commons has published the Government response to its reports on the draft Media Bill. The Bill was introduced to Parliament after its inclusion in the King’s Speech. The Secretary of State confirmed that the Government has accepted the majority of recommendations made by the […]

Telenor, which has been looking to dispose of its satellite division for some years, has finally announced a buyer in the shape of Norwegian government-owned business, Space Norway. Space Norway paid NOK 2.36 billion (about €200 million) for the three satellites in Telenor’s fleet which operate from 1 degree west. Telenor’s satellite division generated revenues […]

UK’s Zegona is reportedly negotiating with MásMóvil over the appointment of José Miguel García as CEO of Vodafone Spain, according to El País. The former CEO of Euskaltel, García signed a non-competition agreement with MásMóvil when it acquired Euskaltel, whereby García cannot take an executive role in a rival operator until the end of 2024. […]

The United Launch Alliance (ULA), a joint-venture between Boeing and Lockheed Martin (L-M), is up for sale. The rocket builder now has potential bidders emerging. The three names currently being reported on include a private equity business, Jeff Bezos’s Blue Origin rocket company and an unnamed aerospace firm which is said to be well-capitalised. The […]

DoubleVerify (DV), a software platform for digital media measurement, data and analytic has announced its expansion across EMEA, including new senior hires in the region. Lisa Mahfud, Daniele Maccarrona, and Kenny Spangberg will spearhead growth for DV, each taking on the role of Business Director in the Netherlands, Italy, and Sweden respectively. With 65 per […]

RTL Deutschland has announced that Stephan Schmitter will become CEO of the German media company effective January 1st 2024. In addition to his current role of Chief Content Officer, Schmitter will take charge of streaming service RTL+ and the reorganised publishing business Gruner + Jahr in his new role. As of January 1t 2024, the […]

The Culture, Media and Sport Committee of the UK House of Commons has written to Chancellor Jeremy Hunt ahead of the forthcoming Autumn Statement to call for targeted tax support and changes to regulations impacting the British film industry. The letter highlights some of the most common and urgent issues affecting the UK’s production sector […]

SES might have received the FCC’s $3 billion (€2.76bn) in compensation for handing over its C-band satellite frequencies in October 2023. But the long-running arguments over how the FCC’s overall compensation was allocated continue to resonate between SES and Intelsat. Lawyers for SES filed their argument to Intelsat’s bankruptcy court on September 28th seeking about […]

Italian TV tower company Rai Way has reported a 24 per cent increase in net profit for the first nine months of 2023, to €69.8 million, as a result of higher revenue and lower costs. Core revenues were up 10.7 per cent on an annual basis to €204.1 million, of which €172.6 million attributable to […]

There’s a new spectrum strategy from the US Department of Commerce and its National Telecommunications and Information Administration (NTIA) agency. The end result will see 2,700 megahertz of spectrum released for “new, innovative uses”. “Spectrum is a limited resource that enables the everyday and the extraordinary – from checking the weather on our phone to […]