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ITV appoints Houser as Creative Director

ITV has announced that Tom Houser – formerly a Creative Director at the BBC and Uncommon London – will join ITV Creative as Executive Creative Director in March. Along with Niki Garner, Director of ITV Creative, he’ll be part of the leadership team of ITV’s in-house creative agency. Houser has previously led accounts for British […]

February 8, 2024

Lee stepping down at BBC Studios

Ralph Lee, BBC Studios Productions’ CEO, has announced that he will be leaving the BBC’s commercial arm in April after almost six years with the business to pursue a new challenge outside the organisation. Since being appointed Director of Content in 2018, Lee has guided BBC Studios Productions to 111 awards and 400 nominations in […]

February 8, 2024

Viasat Q3 loss despite revenue up 8%

California-based satellite operator Viasat reported its Q3 numbers after the market closed on February 6th. Chairman and CEO Mark Dankberg said revenues grew 8 per cent to $1.1 billion (€1.02bn) which was up an impressive 73 per cent y-o-y improvement of 2023’s $651 million. However, the company’s net loss rose to $124 million (a loss […]

February 7, 2024By Chris Forrester

Lopez signs Great American Media deal

Great American Media has signed TV presenter and actor, Mario Lopez, to a multi-picture, multi-year deal to star in content across the company’s media portfolio which includes linear networks Great American Family, Great American Faith & Living, Great American Pure Flix, Great American Adventures, and digital channel, Great American Faith & Home, with a focus […]

February 7, 2024

Snap to axe 10% of staff

Social media company Snap, owner of Snapchat, has announced plans to cut around 10 per cent of its work force – which will amount to some 500 employees. “In order to best position our business to execute on our highest priorities, and to ensure we have the capacity to invest incrementally to support our growth […]

February 6, 2024

Spain: RTVE switches off SD signals

Spanish public broadcaster RTVE has switched off the SD transmission of its six channels (La 1, La 2, Canal 24 horas, Clan, Teledeporte and TVE Internacional), migrating them to HD, a week before the February 14th deadline. Meanwhile, it is launching the first UHD channel in Spain with regular transmissions, La 1 UHD, which will […]

February 6, 2024From David Del Valle in Madrid

Terran Orbital resolves shareholder objections

Some weeks ago a group of shareholders in satellite builder Terran Orbital were complaining about the company’s financial performance and suggestions that Marc Bell, Terran’s CEO should be replaced. A statement from Terran says that it has entered into an agreement with the investor group comprised of Sophis Investments, Sophis GP, Tassos Recachinas, Roark’s Drift, […]

February 6, 2024By Chris Forrester

Warp Films leadership restructure; renewed European focus

Warp Films, a member of the Channel 4 Indie Growth Fund, has announced key changes in its leadership team. Warp Filmsvsays it “will bring in a new era of excellence under the seasoned guidance of its executives”. Warp Films’ primary focus is on the UK market while actively prioritising expansion into the European landscape. While […]

February 6, 2024

MultiChoice rejects Canal+ offer

MultiChoice, the South African pay-TV broadcaster, has rejected a takeover bid from Canal+. Canal+, the Vivendi-owned pay-TV provider, had tabled a non-binding purchase bid but MultiChoice indicated that it felt the value of its business was undervalued. With a market capitalisation of $2.15 billion, MultiChoice turned down the Canal+ offer. In a statement given to […]

February 5, 2024

Zee seeks arbitration in Sony merger

Two important elements are keeping the Zee/Sony merger on the front pages of India’s business newspapers. The first is that Singapore International Arbitration Centre (SIAC) has rejected an emergency petition for arbitration to happen. The request was made by Sony. Zee, in response, says that it will now look for an Indian arbitration of the […]

February 5, 2024By Chris Forrester