HBO added the most US subscribers in its history in 2017, boosting revenue and profit at parent business, Time Warner. HBO’s revenue rose 7 per cent to $6.3 billion, helped by an 11 per cent lift in subscription revenue, the strongest in more than 20 years. Time Warner’s total revenue in 2017 was up 7 […]
Openreach, the infrastructure subsidiary of BT, has launched a ‘fibre first programme’ – which it says starts a potentially huge upgrade of critical UK infrastructure. ‘Potentially’ as it seems to be making its commitment conditional on ‘a supportive public policy and regulatory environment that encourages infrastructure investment.’ It also called for the support of broadband […]
Vodafone Spain increased its subscribers in the third fiscal quarter (October 1st – December 31st 2017) but its total revenues remained almost flat. The company’s revenues grew by 0.3 per cent to €1.2 million. The number of subscribers significantly grew –mainly for its convergent package Vodafone One with a gain of 45,000 subscribers against the […]
Facebook users are spending less time on the social media since it overhauled its news feed function late last year. Facebook revealed that changes to its online algorithm contributed to a quarterly decline of 700,000 users in the US and Canada. The site is now prioritising posts from friends and family in an attempt to […]
A seminar organised in London by compression specialist ATEME and audio and video experts from Dolby Labs heard updated news on the planned roll-out of the latest plans for video compression. The event was the latest in a series of industry briefings held in Munich and Paris and another scheduled for Denver. Jérôme Vieron, (Director, […]
Global Eagle Entertainment (GEE) has declared its Q3 numbers (to September 30th 2017) saying that revenues were up 23 per cent for the nine months to $460 million (€370m), but with losses of $223 million ($75 million last year). GEE is building up media and broadband connectivity with in-flight and cruise ship entertainment now at […]
Globecast, the global solutions provider for media, has appointed Jimmy Kim as Managing Director of Globecast in Asia, effective immediately. In his new position, Kim will drive Globecast’s continued success in this dynamic market, expanding its customer base and building upon the company’s long-term objectives. Kim joins Globecast from MNC Media, where he held the […]
Ericsson has concluded its major review of its broadcast and media solutions businesses. Having separated broadcast into Red Bee Media – which remains an Ericsson company – it is offloading 51 per cent of Media Solutions to One Equity with all assets and employees moving across to a new entity. In the review, Ericsson said […]
In a move that sees it further expand into the media and entertainment business, communications and media software and services provider Amdocs has entered into a definitive agreement to acquire Vubiquity, a leading provider of premium content services and technology solutions, subject to customary closing conditions. The two companies say they are excited about the […]
Egypt is one of the countries aligned with Saudi Arabia which as broken off diplomatic and commercial relations with Qatar. January 30th saw an Egyptian court order Nasser Al Khelaifi, CEO of the Qatari beIN Media Group, to pay a fine of 400 million Egyptian pounds (€18.2m) on charges of the network’s “involvement in monopolistic […]