Comcast, the US pay-TV giant, has confirmed it is preparing to top Disney’s $52 billion (€44.4bn) offer for 21st Century Fox. Comcast, which is also currently floating a separate bid to take control of Sky, said in a statement: “Comcast Corporation confirms that it is considering, and is in advanced stages of preparing, an offer […]
As the football world gears up for the showdown between Liverpool and Real Madrid in this weekend’s UEFA Champions League Final, data from digital platform security specialist Irdeto reveals that a total of 5,100 unique illegal streams were detected redistributing games over the Internet during this year’s Champions League knockout stages. Of this total, 2,093 […]
MTG has increased its ownership in Zoomin.TV from 51 per cent to 100 per cent by acquiring the remainder of the company from Adversa Media, controlled by the current CEO and CFO of Zoomin.TV, who founded the company. MTG is paying a cash consideration of €6.2 million for the shares and is also settling Adversa’s […]
The BPI, the UK record labels association, has welcomed the announcement from the Government that it will bring forward legislation in the autumn to improve safety and reduce harm online. The BPI will press the Government to use the opportunity to bring in new measures to boost the UK’s fast-growing creative industries, which now contribute […]
Amazon has appointed Vernon Sanders to help run its television productions. The long-term NBC executive will partner with TV co-head Albert Cheng and oversee Amazon Prime Video’s TV creative and production units. Sanders will reunite with his former colleague Jennifer Salke at Amazon Studios. Salke commented: “Vernon’s undeniable expertise in nurturing talent and creative material […]
Media Distillery, an artificial intelligence (AI) startup focused on extracting valuable data from video, has received a grant of €1.4 million from the European Union under the prestigious SME Instrument programme, part of Horizon 2020. Media Distillery provides a unique AI platform to generate ‘Deep Content Understanding’ in real-time and at an unparalleled scale. The […]
OTT content distribution platform Airbeem has appointed Thorsten Sauer, former President of Ericsson Broadcast and Media Services, as Executive Chairman of the Board of Directors. Airbeem works with media companies, sports brands, broadcasters and content owners to create their own online video channels providing off-the-shelf solutions to enable any media owner to create their own […]
As part of Sony’s overall strategy to strengthen content IP, Sony Corporation of America, a wholly-owned subsidiary of Sony, is to acquire the entirety of the Mubadala consortium’s approximately 60 per cent equity interest in DH Publishing, L.P. (EMI), which owns and manages EMI Music Publishing. As a result of the transaction, Sony will indirectly […]
Matthew Hancock, the UK’s Secretary of State for Digital, Culture, Media and Sport, has indicated that Comcast’s $31 billion (€25.4bn) bid for Sky does not raise the same concerns as the initial, rival bid by Fox for the 61 per cent of the broadcaster it does not already own. In a Statement, Hancock said: “On […]
The launch of a campaign to clamp down on social media firms has got off to a rocky start, as the culture secretary, Matt Hancock, admitted it was likely to be two years before there was any new law. In a round of media interviews, Hancock said there was no date for legislation, but it […]