Gilat Satellite Networks, a global player in satellite networking technology, solutions and services, has reported its results for the first quarter ended March 31st 2018. Key Financial Highlights: Revenues for Q1 2018 totaled $67.4 million, up 5.4 per cent from Q1 2017. Company’s revised reporting segments: Q1 2018 Fixed Networks Segment revenues were up 40 […]
VidMob has closed an additional $6.4 million extension to its previously announced Series A financing. The additional funding will be dedicated to growing the company’s Engineering and Data Insights teams and expanding the company’s presence with the opening of a London office. The London office will be led by UK Sales Director James Bacon who […]
Billionaire investor Vincent Bolloré has now acquired more than 14 per cent of entertainment conglomerate Vivendi. Reuters says that according to regulatory filings Vincent Bolloré has spent more than €1.5 billion to buy shares in 19 separate transactions in order to boost his shareholding from 20.5 per cent to the 24+ per cent now in place. […]
Calvo Mawela, the CEO of South Africa’s MultiChoice pay-TV service, is arguing that OTT newcomers such as Netflix and Amazon Prime should have value-added tax added to their subscription costs, as well as being forced to contribute to other South African media-related services, and pay licence fees.
Spain’s competition watchdog, the Comisión Nacional de los Mercados y la Competencia (CNMC), has launched a probe into alleged anti-competitive advertising practices undertaken by the largest TV companies Mediaset and Atresmedia. Both parties have been accused by media and ad agencies of obliging them to meet some ad investment quotas and the joint commercialisation of […]
Hopes are high that Paris-based Eutelsat will today (May 14th) unveil its Q3 results and perhaps, just perhaps, there will be a little top-line growth. That’s the view from equity analysts at investment bank Exane/BNPP, who suggest that after seven consecutive quarter-year statements which reported declines, they expect today’s numbers to show a modest 0.3 […]
Creative industries specialist, Edge Investments, has invested in a significant minority shareholding in leading OTT video distribution platform Airbeem. Airbeem’s multi-use Software as a Service (‘SaaS’) platform enables content owners to publish and monetise their video content direct to consumers by creating immersive video experiences reaching audience on all devices. Its turnkey solution for the […]
AMC Networks International – Central and Northern Europe (AMCNI CNE) has announced that Marcel Mares has joined the company as Country Manager, Czech Republic & Slovakia. Mares will oversee sales and operations in the Czech and Slovak territories where AMCNI CNE distributes 14 channels in the sport, film and series, kids and infotainment genres. Based […]
Ed Vaizey, the former Minister for Culture and the Digital Economy, has revealed that George Osborne, Chancellor of the Exchequer between May 2010 and July 2016, sought to move UK broadcasting to IP delivery. Delivering a closing Keynote Address on the Current Policy Landscape for Digital Communications at the DTG Summit in London, Vaizey suggested […]
TiVo says it is exiting its own manufacturing, sales and distribution of set-top boxes to a yet-undisclosed third party. CEO Enrique Rodriguez, talking to analysts on its Q1 earnings call, said that consumers would continue to see TiVo-branded boxes in the retail sector, and specifically mentioned outlets such as Best Buy and Amazon. “Once we […]