UK government is considering giving Ofcom powers to fine video-sharing apps and websites.The proposal would mean Ofcom could impose multi-million pound fines if the platforms have failed to prevent youngsters seeing pornography, violence and other harmful material. The regulator would take charge of the matter from September 19th 2020. The move is to meet the […]
EchoStar’s broadcast satellite services (BSS) subsidiary will start its formal merger process with ‘sister’ business DISH Network on August 19th. The pair announced their merger on May 20th. Based on the number of shares of EchoStar Class A and Class B common stock outstanding on August 8th, 2019, EchoStar stockholders would receive approximately 0.24 of […]
Hong Kong-based AsiaSat, which is in the process of being taken private, in announcing its latest half-year numbers, says revenues fell 5 per cent [from HK$730 million (€83.28m) to HK$693 million] from the same period last year, and said: “The impact of continued pricing pressures from capacity oversupply in some key markets and increased competition […]
Infrastructure solutions for communications networks specialist CommScope has eliminated the chief operating officer position and will split responsibilities of the role among other members of the executive team. As a result of this decision, Bruce McClelland is no longer with the company. McClelland joined the CommScope leadership team as chief operating officer in February 2019 […]
In its latest filing the C-Band Alliance (CBA) is being ultra-polite in suggesting that a submission to the Federal Communications Commission (FCC) by the America’s Communications Association’s Connects Coalition (ACACC) “lacks significant detail”, is “mistaken”, “fails to articulate”, “a gross misunderstanding”, is “impossible to achieve”, “faulty assumptions”, “half-baked” and just to rub home the message […]
Ahead of its October release, A Shaun the Sheep Movie: Farmageddon, is to feature in an exclusive trailer for the Industry Trust for IP Awareness’s Moments Worth Paying For campaign, which inspires viewers to respect the value of creative content by demonstrating that film, TV and video have an entertainment value worth paying for. The […]
Ahead of quarterly earnings, the two companies are not in a position to announce their ‘re-merger’ according to reports. The delay is due to final negotiations over an exchange ratio for the deal but a deal is still expected later this week. Both units are controlled owned by National Amusements, which is controlled by the […]
It seems that the glory days at Egyptian Satellite Nilesat are well and truly over. Revenues and profits are down during the first half of the year. Profits fell 12.2 per cent y-o-y at just $23.81 million (€26.59m), compared to $27.12 million in the same period last year. Revenues tumbled from $73.39 million in 2018 […]
WSC Sports, a leader in AI-powered sports video content, announced it has raised $23 million (€25.69m) in Series C funding, bringing the company’s total funding to$39 million. The new capital will be used to further expand WSC’s growth across new sports, products and geographic regions. This funding round was led by Eyal Ofer’s O.G. Tech […]
Mediaset’s OTT Mitele Plus is making its debut in Spain in a very competitive market with Movistar and Orange as the main competitors for pay-TV football. Subscribers to the new OTT service will be able to watch matches from La Liga, the Champions or Europa League on two different devices simultaneously: one with HD quality […]