Pandora, the US music streaming service, has completed its acquisition of AdsWizz, a global player in digital audio advertising technology. “Audio is the fastest growing format in digital advertising and the marketplace is rapidly evolving,” said Pandora CEO Roger Lynch. “Completing the acquisition cements our position in the future of audio, making us more ready […]
Video technology provider Kaltura has acquired interactive personalised video start-up Rapt Media for an undisclosed amount. Rapt Media’s interactive branching video technology is ideal for personalised marketing, customer education, recruitment, learning and educational video experiences. Viewers are guided through different video paths depending on their behaviour or selection at each level. The acquisition follows a […]
Gabriel Catrina has been appointed as EVP & Group CFO of MTG, the Nordic Entertainment Group, with effect from July 1st. He will be part of the NENT Group leadership team, which is now complete, and report to Anders Jensen, President and CEO of Nordic Entertainment Group. Catrina is currently MTG Chief Strategy Officer and […]
EW Höfe AG has sold its cable network in Höfe to its long-standing partner, UPC Switzerland, and will fully focus on expanding its own fibre optic network in the future. The cable network currently serves around 15,000 homes in the region of Höfe on the upper shores of Lake Zurich. “For over 30 years, we […]
On the heels of yesterday’s news that Netflix had this week overtaken Comcast in terms of market value, the streaming giant also briefly surpassed Disney. Shares in Netflix increased by more than 2 per cent in mid-afternoon trading on May 24th, pushing the firm’s market value to more than $153 billion (€130.5bn). The ascent briefly […]
Charlie Ergen, one of the pioneers of the satellite industry and founder of the EchoStar and DISH businesses, told delegates to the Wireless Infrastructure Association’s Expo in Charlotte North Carolina, that he was now treating his company as a “start-up” and was working towards it being a major player in Internet of Everything connectivity. He […]
Philip Hammond, the UK’s Chancellor of the Exchequer, has targeted seeing full-fibre to the premises connections being available to 15 million premises by 2025 and committed to delivering a nationwide full-fibre to the premises network by 2033. Delivering a speech at the Confederation of British Industry (CBI) Annual Dinner 2018, Hammond said that the government […]
Netflix’s market value has this week increased to around $150 billion (€128.3bn); making it worth some $2 billion more than US cable giant Comcast. Comcast has been losing video subscribers as a result of cord-cutting trends bought about by the rise in streaming services. Comcast had 22.3 million pay-TV subscribers in the first quarter of […]
Spotify, the popular music streaming app, will pay out $112 million (€96m) in a settlement agreement, following two lawsuits that claimed songwriters hadn’t been paid enough in exchange for their music appearing on the service. The class action originally came from David Lowery, a musicians’ rights advocate from the band Camper Van Beethoven, and Melissa […]
Bruce Rosenblum, president of business operations at Disney-ABC Television Group, has stepped down from the role after less than two years with the company. In an internal memo , DATG president Ben Sherwood informed staff that Rosenblum’s departure arose from the recent restructuring of The Walt Disney Company, which was announced in March. The reorganisation […]