The football TV war is the main factor in Vodafone Spain announcing a 7.3 per cent fall in revenues – to €1.16 billion – in its third fiscal quarter (October-December). The previous quarter ‘s revenues (July-September) also dropped by 4.8 per cent, marking a negative trend. In the third quarter, TV subscribers rose by just […]
This week, Viacom paid $340 million in hard cash to buy the US-based free streaming service Pluto TV. Investment analysts from Deutsche Bank say: “this represents another indicator of the potential size of reinvestment required from traditional broadcasters in respond to changing viewing habits.” While Viacom is best known for appealing to younger viewers (whether […]
The BBC is looking at Belgium, Ireland and The Netherlands for a new international headquarters after Brexit to allow the corporation to continue to broadcast across the EU. Belgium’s prime minister, Charles Michel, has revealed he held discussions on the possibility in Davos with the BBC’s director-general, Tony Hall. “Belgium is often on the shortlist […]
With the UK set to leave the European Union, the Brussels Capital Region is launching a major initiative to attract UK-based businesses in the film, broadcast and creative industries to base themselves in the Belgian capital, ensuring they can continue to operate seamlessly across Europe following Brexit. With the nature of the UK’s relationship with […]
Professional services company Fincons Group has partnered with audio and video watermarking technology specialist Verance Corporation to accelerate and expand the development of Next Gen TV experiences in the US and Europe. The partnership combines Fincons Group’s expertise deploying Hybrid Broadcast Broadband TV (HbbTV) applications with the Verance Aspect watermark technology, which enables Next Gen […]
Discovery has announced that Avi Saxena, former Vice President of Technology for Amazon Marketplace, has joined the company as Chief Technology Officer, Direct-to-Consumer. In this newly created role, Saxena will oversee the technology systems and global platforms that will serve all of Discovery’s Direct-to-Consumer products in the US, including MotorTrend, and internationally, including Eurosport Player and the […]
In a move that it says marks the next step in its evolution, Viacom is to acquire US free streaming television service Pluto TV for $340 million (€300m) in cash. Founded in 2013, Pluto TV streams more than 100 channels and thousands of hours of on-demand content spanning television and movies, sports, news, lifestyle, comedy, cartoons, […]
Comcast got a boost from added customers and revenue in its first quarter including Sky, and it announced a 10 per cent increase in quarterly dividend. Revenue for Q4 rose 26.1 per cent to $27.85 billion (€24.5bn) thanks to the Sky takeover, and adjusted EBITDA was up 21.6 percent to $8.19 billion. Quarterly net profit […]
Research from the Phoenix deployment of Next-Gen Television shows that the new service delivering live, over-the-air TV could increase broadcast TV viewing and drive sales of new television receivers in the US. The research was the result of consumer lab testing by research consultancy Magid recently conducted in conjunction with the Phoenix Model Market project […]
WarnerMedia has revealed plans to launch the WarnerMedia Innovation Lab, a future-forward incubator that will combine emerging technologies with content from across its operating units to create new and innovative consumer experiences and businesses. The initiative will further encourage deep collaborations across WarnerMedia and AT&T, as well as between key corporate partners and developers of […]