Formula 1 has managed the pandemic “reasonably well”, says a report from investment bank Berenberg, and is now well-positioned for 2021 growth and an improvement in revenues. “F1 will exit the year in arguably the best operating position it has been in years. This year, management and all F1 teams signed a host of agreements […]
Danish company TRIAX and Spanish company Ikusi Multimedia announce the planned merger of the two companies in an agreement between TRIAX owner Polaris Private Equity and Ikusi Multimedia owner Velatia Group. With headquarters, production and R&D base in Hornsyld, Denmark, TRIAX A/S is a global supplier of products and solutions for the reception and distribution […]
The US Senate has confirmed outgoing President Trump’s nomination of Nathan Simington to a seat on the Federal Communications Commission (FCC). Simington’s nomination followed Trump’s withdrawal of sitting member Michael O’Rielly’s candidacy shortly after the cancellation of his second confirmation hearing before Senate having reportedly expressed reservations about the President’s attempt to use his executive […]
SES could extend its legal action currently against Intelsat to Intelsat’s affiliate businesses and even to major shareholders. The threat is included in the SES filing deposited with Intelsat’s Chapter 11 bankruptcy reconstruction court on December 4th. SES is alleging a breach of contract claim against Intelsat over the division of revenues associated with the […]
Pay-radio operator SiriusXM enjoyed a 2 per cent rise on its share price after it announced that ‘shock-jock’ Howard Stern had renewed his contract with the operator. Stern has signed on for another five years while Stern’s archive of audio and video material will be exclusive to SiriusXM for seven years. “As the leading audio […]
Iris Knobloch, recently named as Country Manager for WarnerMedia France & Benelux and Germany/Austria/ Switzerland (GAS) has announced her leadership teams, bringing together a group of accomplished executives to serve these markets. Olivier Snanoudj, Eric Broet, Caroline Lang, Guillaume Coffin and Gregory Schuber take on leadership responsibilities for France & Benelux; and Willi Geike, Steffen […]
According to a report from investment bank Berenberg, future ARPU growth at Nordic Entertainment Group (NENT) will largely be non-linear and from its Viaplay SVoD platform. NENT’s ARPU has been hit hard by the cancellation of sporting events this year due to the pandemic, and its forecast revenues of cSEK114 per month (€11.12) for FY […]
Modern Times Group (MTG) has acquired Hutch, a developer and publisher of free-to-play mobile games focused on the racing genre in the midcore segment. MTG says the acquisition enables strong growth opportunities within a new and highly attractive game category for MTG while also further diversifying the group’s games portfolio. The up-front consideration amounts to […]
3SS (3 Screen Solutions), a provider of software solutions for STB and multiscreen entertainment, has announced the appointment of Adam Nightingale as Chief Commercial Officer. He will now have overall responsibility for commercial and sales strategy for 3SS’ TV and video business. Thilo Herbst has transitioned from CSO to his new leadership role spearheading emerging […]
Traditional UK broadcasting is unlikely to survive in the online world, unless broadcasting laws and regulation are overhauled and broadcasters speed up their transformation for the digital age, concludes regulator Ofcom in its Small Screen: Big Debate review of public service broadcasting (PSB). Ofcom is looking at how to strengthen and maintain PSB for the […]