The Supervisory Board of ProSiebenSat.1 Media has appointed Max Conze as CEO effective June 1st. He will succeed long-time ProSiebenSat.1 CEO Thomas Ebeling who leaves the Company on February 22nd. Conrad Albert, Deputy CEO of ProSiebenSat.1 Media SE, will serve as interim chairman until Conze takes the post. Dr. Werner Brandt, Chairman of the Supervisory […]
Orange Spain is performing well in a competitive market in terms of profits and subscribers. The company ended the year with 17 per cent rise in EBITDA up to €1.58 billion on revenues of €5.37 billion, and up 7.1 per cent year-on-year. Spain is the country with the highest growth for the French telco group, […]
The HbbTV Association, a global initiative dedicated to providing an open standard for the delivery of broadcast and broadband services through connected TVs and set-top boxes, has confirmed the immediate availability of HbbTV 2.0.2. This update of the second version of the core HbbTV specification enables HbbTV applications to benefit from new ‘Ultra High Definition’ […]
Ostmodern, the OTT and video specialist, has hired former Sky and Camelot Global leader David Crawford as Chief Operating Officer. With more than 25 years’ experience overseeing technology innovation for some of the UK’s biggest brands, Crawford will drive strategic growth for Ostmodern as it expands its technology and custom-built solutions portfolio. Crawford joins Ostmodern […]
US satellite broadcaster DISH Network has eported revenue totaling $3.48 billion (€2.83bn) for the quarter ending December 31st 2017, compared to $3.75 billion for the corresponding period in 2016. Net income attributable to DISH Network totalled $1.39 billion for the fourth quarter 2017, compared to $355 million from the year-ago quarter. Fourth quarter 2017 net […]
21st Century Fox has strengthened its offer to protect the independence of Sky’s loss-making Sky News channel in a bid to overcome regulatory concerns about the takeover of the parent company. Ofcom has previously said that Fox’s $15.7 billion deal to buy the 61 per cent of Sky it does not already own should be […]
ACCESS has confirmed the appointment of Dr. Neale Foster as Chief Executive Officer of ACCESS Europe. Foster will be responsible for driving the company’s strategy and realising ACCESS’ ambition to offer best in class experiences in and out of the home – including in connected cars and devices by leveraging the Internet of Things (IoT). […]
The stock market has shown mixed reactions with last weel’s financial half-year statement from Eutelsat CEO Rodolphe Belmer. Its share price, having risen dramatically by €2 on February 16th fell back 53 cents on February 19th (2.79 per cent) indicating that Eutelsat is not out of the woods just yet. Perhaps one catalyst was a […]
Italy’s Rai Way is making a joint binding offer with F2i for Italian digital terrestrial multiplex operator Persidera. The Persidera unit, which owns and manages five DTT multiplexes, is being sold by Telecom Italia (TI) as part of Vivendi’s plan to obtain EU antitrust approval for gaining control of TI. A report from investment bank […]
MTG has signed an agreement to sell its 95 per cent shareholding in Nova Broadcasting Group in Bulgaria to PPF Group, the investment company controlled by Petr Kellner. The transaction values 100 per cent of the business at an enterprise value of approximately SEK 1,830 million (€185m). The proceeds will be used to invest in […]