UK commercial broadcaster ITV is considering entering into a £1 billion joint venture with the BBC by buying half of multichannel broadcaster UKTV, according to the Daily Telegraph. UKTV is currently jointly owned by the BBC and US broadcaster Discovery, which acquired the 50 per cent stake when it bought Scripps Interactive Networks for $14.6 […]
Discovery is the largest international broadcaster to ponder the future of its European broadcasting base in London and a possible move to the continent if UK Government fails to agree a broadcast licence passport deal with the EU. Discovery, the biggest international broadcaster in London, broadcasts over 100 TV channels across Europe from its hub […]
The European Council’s permanent representatives committee (Coreper) has agreed its position on a draft directive aimed at adapting EU copyright rules to the digital environment. The common position will serve as a mandate for the presidency of the Council to start negotiations with the European Parliament, once the latter has agreed its own position. “All […]
As part of Operation Trojan Horse, Hong Kong Customs recently undertook a series of raids against four retail outlets in Sham Shui Po and Wan Chai. Over a two-day period (May 25-26 2018), Hong Kong Customs raided retail outlets and arrested four shop owners and four salespersons found to be selling pre-loaded TV boxes (also […]
Multiplay operator Virgin Media, a wholly-owned subsidiary of Liberty Global has entered into an agreement to acquire Casey Cablevision, a regional cable operator based in Dungarvan, Co. Waterford, Republic of Ireland, for an undisclosed purchase price. A family-owned business established (by the Casey family) in 1979, Casey Cablevision provides pay-TV, high speed broadband and phone […]
Dixons Carphone, the mobile phone and electrical goods retailer, has warned it will close 92 of its 700+ Carphone Warehouse stores this year. It expects pre-tax profits for 2017-18 to be £382 million, but it predicts profits will fall to £300 million in 2018-19. Shares fell nearly 20 per cent on the news. Chief executive […]
Comments made last week suggest that music streaming service Pandora could be lining up for a sale/merger. This is by no means the first report that Pandora might end up fully in the hands of one of its major investors Liberty Media (where Liberty has a 19 per cent stake), or another Liberty Media-backed broadcaster, […]
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 […]