Masmovil has confirmed the acquisition of 40MHz in the 3,4-3,8GHz (“3,5 GHz”) band from Eurona Wireless Telecom. The consideration for the acquisition amounts to €30 million. With this new acquisition of spectrum, added with the one recently obtained after the purchase of Neutra, Masmovil Group already has 80MHz in the 3.5GHz band. Masmovil says the […]
Discovery Communications had a good day on July 19th, rising an impressive 3.8 per cent in terms of its stock value, following a positive report on its prospects from investment bankers at Goldman Sachs. The bank’s analyst Drew Borst upgraded its advice to investors to “Conviction Buy” and a guide price of $33. However, not […]
Paramount TV chief Amy Powell has been fired over alleged insensitive remarks – which she has emphatically denied. A memo from Paramount studio head Jim Gianopulos circulated to staff, which was leaked to the press, read: “Last week, multiple individuals came to us to raise concerns around comments made by Amy Powell in a professional setting, […]
India’s Jammu & Kashmir regional government is asking local cable MSOs and cable operators to immediately drop at least 30 “banned private satellite channels” in order to maintain “peace and tranquility” in the Northern India region, which borders the Himalaya mountains and Pakistan. The Times of India newspaper is reporting that last week cable operators […]
SeaChange International has promoted Marek Kielczewski to Chief Technology Officer (CTO) to lead its technology innovation and execution. Kielczewski, currently based in the Company’s engineering centre of excellence in Warsaw, Poland, will join the executive leadership team in the Massachusetts, US headquarters. Kielczewski joined SeaChange in May 2016 through the acquisition of DCC Labs, where as […]
Comcast has announced that it does not intend to pursue further the acquisition of Twenty-First Century Fox’s entertainment assets — choosing instead to focus on beating 21CF to acquire Sky. “Comcast does not intend to pursue further the acquisition of the Twenty-First Century Fox assets and, instead, will focus on our recommended offer for Sky,” […]
Following a successful prosecution by UK intellectual property protection organisation FACT (Federation Against Copyright Theft), the licensees and company directors responsible for the running of three pubs in the Midlands have been convicted of 64 offences and ordered to pay a combined total of £327,405 (€367,530) in fines and costs for showing Sky Sports illegally […]
Discovery’s president/CEO David Zaslav has extended his contract for five more years to the end of 2023. He joined the broadcaster in 2007. Zaslav has secured an increase in his salary target bonus, up at $22 million on top of $3 million base salary. Other stock options (10.8 million) will vest in 2023 and he […]
India’s media giant ZEEL says its local advertising revenues grew 22.3 per cent in the quarter to March 31st, to an impressive $159 million, and up from $131 million in the same quarter last year. During the quarter year ZEEL enjoyed significant ratings success with an all-India viewing share of 19.2 per cent. The main […]
Intelsat has joined the Seamless Air Alliance, a consortium dedicated to the development and promotion of standards to facilitate a better, more seamless, inflight connectivity experience for passengers. The standards would eliminate the immense costs and hurdles commonly associated with acquisition, installation, and operation of data access infrastructure by streamlining system integration and certification, providing […]