Avanti Communications will not see a launch of its much-needed Hylas 3 satellite until “the first 3 months of 2019” according to a company statement. However, there is better news on Hylas 4, a larger satellite, which Avanti says will launch on March 18 (subject to minimal delays caused by the Arianespace launch anomaly of […]
Video solutions specialist SeaChange International has announced that, with the acquisition of Layer3 TV by T-Mobile, it had monetised its ownership stake. The initial payment of approximately $4.6 million has been received by the Company, with an additional payment of approximately $2.1 million being held in escrow, subject to the satisfaction of sale provisions. “We […]
Satellite operator SES saw its share price tumble during trading January 25th following the news that Sky will shortly launch further online access to its programming. At one point, SES shares hit €12.74 (down €0.75) and getting worryingly close to a 12-month ‘low’ of €12.40. In June 2017 the operator’s share price stood at €23. […]
Reports out of Saudi Arabia, and sourced to the Saudi attorney general’s office in the kingdom, say that Prince Alwaleed bin Talal, currently detained with about 95 other individuals, will be tried on alleged corruption charges. The reports say that detainees who have not agreed on financial settlements in order to close their cases will […]
Six out of 10 broadband consumers experienced slow service or had their connection stop working entirely in the last year, disrupting the ability of some consumers to work or study (24 per cent), pay bills or online bank (16 per cent), or connect with friends and family (21 per cent), new polling from Citizens Advice […]
Brent Montgomery is stepping down as CEO of ITV America to launch his own company. Montgomery took up the role in 2015, a year after the UK-based commercial broadcaster bought his prodco Leftfield Entertainment. He is now leaving to launch an entertainment company that will focus on content and talent, according to ITV America, which […]
CNN International Commercial (CNNIC) has appointed Roland Nikolaou as Senior Director, Content Sales and Licensing, EMEA, with a remit to grow content partnerships with traditional broadcasters, digital publishers and platforms. Nikolaou will also deepen the relationships that CNN has with its existing affiliates across the region through initiatives such as CNN Consult, a bespoke offering […]
Jeremy Darroch, CEO of Sky, has cast further doubt on the future of Sky News, saying the service is no longer vital to the platform. The Competition & Markets Authority (CMA) earlier this week provisionally ruled against the Fox takeover of Sky on the grounds of (news) media plurality. Darroch told analysts on a results […]
Sky’s half-year results saw solid operating momentum with overall 5 per cent organic revenue growth (4 per cent organic growth in the UK). Other highlights include steady growth in Sky’s UK advertising revenue (up 5 per cent) which prompted praise from investment bank Exane/BNPP, particularly whilst the general TV-based advertising income in the UK is […]
Members of the UK House of Commons Digital, Culture, Media and Sport Committee have said that maintaining access to talent, UK production tax credits, and getting clarity around regulatory equivalence with the EU are vital to resolving concerns about Brexit. The Committee’s report, The potential impact of Brexit on the creative industries, tourism and the […]