AT&T reported double-digit increase in Q3 revenues and profit, boosted by the first full quarter incorporating Time Warner. The acquisition helped offset continued losses in pay-TV subscribers and lower service revenues in the mobile and fixed businesses. Quarterly revenue rose 15.3 per cent to $45.7 billion (€40.09bn) , and excluding the impact of accounting changes, […]
Sky Italia, as reported yesterday, is to add fixed-line broadband as well as a mobile product in the Spring of 2019, according to equity analysts at Deutsche Bank, quoting Italian sources. “The fixed broadband aspect was known – Sky signed an agreement with Open Fibre in March to provide fibre to the home (FTTH) – […]
Blockchain-enhanced on-demand, online entertainment platform Xfinite has launched with the aim of redefining how entertainment-led content is consumed, produced and distributed. Its decentralised, blockchain-enhanced system is being designed better to meet the viewing trends of today’s digital content consumers while addressing limitations in current media production and distribution models. In Xfinite’s view, the provision of […]
Telenor, the Norwegian multinational telco, has reported Q3 subscription and traffic revenues were stable, while total revenues increased by 1 per cent to NOK 27.6 billion (€2.91 billion). Sigve Brekke, Chief Executive Officer of Telenor Group, said in a statement: “The Telenor team delivered another quarter of solid and consistent performance, with stable revenues and a […]
The drive to see a speedy adoption of 5G technology in the US has seen the C-Band Alliance (CBA) increase the amount of downlink spectrum they could free up. The CBA’s initial proposal was to make available 100 MHz of C-band spectrum. Now the consortium of Intelsat, SES, Eutelsat and Telesat are offering 200 MHz […]
UKTV has unveiled its first deal invested through UKTV Ventures, its multi-million pound innovation fund, with an airtime-for-equity investment in Hopster. The broadcaster also announced the appointment of Sheena Amin to spearhead the fund. UKTV announced the launch of the innovation fund last year to invest in burgeoning high-growth companies wishing to access the television […]
The Digital Production Partnership (DPP), the media industry’s international business network, has today announced the release of a new technical specification to support the business needs of global broadcasters delivering UHD programmes: AMWA AS-11 X1 – MXF Programme Contribution DPP UHD. The DPP worked with the Advanced Media Workflow Association (AMWA) to build on the […]
Swedish media group MTG (Modern Times Group) has posted record Q3 sales of SEK 4,683 million (€451.6m) with 3 per cent organic growth. In a statement, Jørgen Madsen Lindemann, President & CEO of MTG, said: “This was another quarter of top and bottom line growth. Our continued organic sales growth was complemented by a 28 […]
Anevia, a provider of OTT and IPTV software solutions, has appoined François Le Crom as Vice President of Research and Development. In this role, he will be responsible for leading and growing Anevia’s R&D teams and providing the technical vision for the company’s mid- and long-term strategic roadmap. He will drive the transition to a new […]
UK investment Fund Zegona will become the main shareholder of the Basque-country-based Euskaltel with a 29.9 per cent stake in the cable operator. The Fund has announced the acquisition of a 14.9 per cent stake that will give it the control of the company in which it already has a 15 per cent, ahead of […]