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Channel 4 outlines Equity by Design Strategy

Channel 4 has launched its first equity strategy, ‘Equity by Design’, a framework that sets out how it will create fair outcomes for everyone and accelerate change in the industry. The strategy details how Channel 4 will work to ensure there is equity in experience by improving how diversity and inclusion is built into decision-making. […]

March 27, 2024

Samsung Display gives €3.8bn to parent company

Samsung Display has paid out its first-ever dividend since it was spun-off as a separate company in 2012. According to reports, Samsung’s stand-alone display business will pay a dividend to Samsung Electronics of 5.6 Trillion Won (€3.8 billion). During a shareholders’ meeting, Samsung Display voted to distribute 25,400 won per share in dividends, totalling 6.65 […]

March 27, 2024By Chris Forrester

SES opens new Virginia HQ

Satellite operator SES has opened a new 43,000 sq ft central operations hub in Virginia which will be the operator’s main US location. The new site is based in Bristow, near Manassas in Prince William County. SES already has a giant satellite ‘dish farm’ at Manassas, Virginia. As SES’s central operations hub in the US, […]

March 27, 2024By Chris Forrester

Portugal: AdC blocks Vodafone’s acquisition of Nowo

Vodafone Portugal’s attempt to buy Portuguese telecom operator Nowo, first announced in September 2022, has been thwarted by Portugal’s Competition Authority (AdC). The AdC issued a draft decision opposing the deal due to concerns it would stifle competition in the telecommunications sector. The AdC believes Nowo puts pressure on existing operators to offer competitive prices. […]

March 26, 2024From Branislav Pekic in Rome

Analysis: BBC defies UK commissioning downturn

A report from Ampere Analysis reveals an 18 per cent decline in 2023 in the UK’s market for scripted TV commissions (Drama, Sci-Fi, Crime & Thriller, etc.) as major UK broadcasters cut spend and most global SVoDs trimmed investment in international content. Changes in consumer behaviour and a weak advertising market saw pay-TV operators and […]

March 25, 2024By Colin Mann

Ericsson to axe 1,200 staff

Ericsson, as previously outlined, expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious. In line with managing lower volumes, Ericsson has announced staff reductions in Sweden. The company says the measure “is part of the global initiatives to improve the cost position, including headcount reductions, while maintaining investments […]

March 25, 2024

DISH open to DirecTV merger

Not the first time, merger reports between North America’s two DTH operators have emerged, but a Bloomberg report states that Charlie Ergen’s DISH Network (now part of his EchoStar business) is very open to merging with AT&T’s DirecTV. Shares of Dish Network rose 6.3 per cent on March 22nd while AT&T stock went up 1.9 […]

March 25, 2024By Chris Forrester

Fremantle acquires Asacha Media Group

Fremantle has announced the completion of its acquisition of the leading global production studio Asacha Media Group and its portfolio of labels based in France, Italy and the UK. The deal sees Fremantle acquire the Group from Asacha’s founding partners, managers and funds managed by Oaktree Capital Management Asacha is made up of eight distinct […]

March 25, 2024

Analyst: EchoStar still under pressure

A report on EchoStar from analysts at Bond research specialist, Gimme Credit, looks at the newly-merged operation (with EchoStar absorbing DISH Network) and is blunt saying they expect the company to continue losing subscribers during 2024, which would lead to a decrease in revenue of around 6 per cent. The report expects EchoStar to be […]

March 25, 2024

Rivada: Where’s the money?

Rivada Space Networks is in the process of building the first batch of 300 low Earth orbiting satellites. Terran Orbital is building the satellites for Rivada, and there is an option for a further 300 satellites. But there are anxieties over how the fleet is being paid for. Rivada’s obligations are considerable: They are contracted […]

March 24, 2024