ARRIS International has announced an agreement with long-time partner Pegatron Corporation for the sale of ARRIS’s manufacturing facility in New Taipei City, Taiwan. Production of ARRIS customer premises equipment will transition to Pegatron’s Suzhou site in China by the end of 2018. ARRIS will continue to maintain technology development and business operations in Taiwan, including […]
In a move that is expected to bring additional employment to the Isle of Man digital and media cluster, the world-leading Duke Video Archive from Duke Marketing has been acquired by automotive and motorsport digital technology business Motorsport Network. The move builds on the recent announcement that Motorsport Network and Motorsport.tv would feature the entire film […]
The Spanish regulator CNMC has opened an investigation into Mediaset and Atresmedia over an alleged deal between them to agree on TV ad prices thereby distorting the TV ad market to the detriment of smaller TV operators. The companies lead the TV ad market with a share of 84.2 per cent, 43.3 per cent controlled […]
The Walt Disney Company has reported a 78 per cent increase in profit for the first quarter, thanks largely to a huge tax gain. Disney’s Q1 profit jumped to $4.42 billion (€3.58bn) from $2.48 billion last year. Earnings for the quarter included a $1.6 billion one-time tax benefit associated with new US federal income tax […]
Three of Sony Pictures Entertainment’s (SPE) leading executives are departing the company as part of chairman-CEO Tony Vinciquerra’s restructuring of the team. SPE president worldwide networks Andy Kaplan, home entertainment president Man Jit Singh, and chief TV marketing officer Sheraton Kalouria are all exiting the company. Under the new structure, the networks business will report […]
Shares in satellite operator SES hit a 52-week ‘low’ at one point on February 6th of €11.80 a share, representing a total fall in value over the past 12 months of 30.1 per cent. Values recovered during the day to €12.37. The industry-wide price collapse was not helped by the global fall in stock values […]
In-flight entertainment and broadband provider Global Eagle Entertainment (GEE) has apologised for a 9-month delay in filing quarterly reports to the USA’s Securities and Exchange Commission, and the NASDAQ stock exchange, saying that it had suffered difficulties in absorbing some of its recent acquisitions, notably EMC (for $550 million) in May 2016. The company also […]
Alticast has announced the addition of Andries Grondman to its EMEA team as the Director of Product Marketing & Strategy. Grondman will be responsible for driving new business development in the pay-TV security segment as well as growing product marketing and strategy for Alticast’s new and existing customer base. “Andries’ appointment is a sign of […]
Discovery Communications has confirmed that the European Commission (EC) has cleared Discovery’s proposed $14.6 billion (€12.4bn) acquisition of Scripps Networks Interactive, subject to conditions. This regulatory milestone is an important step towards closing the transaction. The EC’s approval is conditional on Discovery’s commitment to offer third party distributors the right, on a non-exclusive and unbundled […]
Amino Technologies, a global provider of digital TV video solutions to network operators, has announced audited consolidated results for the year ended November 30th 2017. The company reported pretax profit of £9.6 million (€10.8m), up more than threefold from £2.9 million in 2016. On an adjusted basis, pretax profit increased by 10 per cent to […]