Netflix has released Q4 figures which it suggests are “beautiful” completing a “great” year as Internet TV expands globally. In 2017, the company grew streaming revenue 36 per cent to over $11 billion, added 24 million new memberships (compared to 19 million in 2016), achieved for the first time a full-year positive international contribution profit, […]
The Competition & Markets Authority (CMA) is a truly wonderful organisation. Its self-proclaimed role is to work to promote competition for the benefit of consumers. Its decision on January 23rd to “provisionally find that the Fox/Sky deal is not in the public interest” seems wholly contrary to that mission statement. With the world – and […]
Following the publication of the Study Mission Report on Targeted Advertising (TA) in September, the DVB Steering Board has approved the creation of a dedicated TA group to implement the report’s recommendations. The CM-TA Group will be co-chaired by Vincent Grivet (TDF) and Angelo Pettazzi (Mediaset). It is anticipated that the group will agree a […]
Swedish multi-play operator Com Hem has reported its Q4 revenue increased by 1.4 per cent to SEK 1.805 billion (€183.3m) for the Group, with Com Hem Segment increasing by 4.2 per cent to SEK 1.389 billion. Unique consumer subscribers rose by 12,000 to record high 983,000. Com Hem saw continued strong volume growth in broadband, […]
As outlined here last week, troubled London speciality satellite operator Avanti Communications has started its potential restructuring. Avanti is proposing a ‘Debt for (new) Equity’ swap, and would issue 2 billion new 1p shares to debt-holders. January 19th saw a Consent Solicitation issued by Avanti. This process will result in one of the following outcomes: […]
Facebook has appointed Eurosport CEO Peter Hutton to “head up the social network’s efforts to broker worldwide deals for live-streaming sports,” according to a Variety report. At Facebook’s SIlicon Valley base, Hutton will focus on securing global sports rights and report to Facebook Head of Global Sports Partnerships Dan Reed, who was previously with the […]
Playpilot, a video streaming guide in the Nordics, has recruited David Mühle as CEO to lead the upcoming expansionary phase of the company. Mühle will initially focus on scalability as well as managing the coming expansion of Playpilot’s service. Playpilot recently announced its first investment round from CoMade and is now looking to develop and […]
A number of potential suitors are eyeing US entertainment studio Lionsgate, according to reports originating in Deadline. Lionsgate is the producer of blockbuster franchises including The Hunger Games series as well as hit TV series including Mad Men and Orange is the New Black. Lionsgate purchased premium channel Starz in 2016 for $4.4 billion, a […]
US pay-TV platform DISH has filed two lawsuits with the aim of ending distribution of Arabic channels and content for which it has the exclusive licences. The complaints against Spider-TV and Tiger Star are similar, alleging that the entities are capturing broadcasts of certain TV channels licensed exclusively to DISH, including MBC and Al Jazeera […]
MTG has signed an agreement to sell its 75 per cent shareholding in TRACE to TPG Growth. The transaction values 100 per cent of the business at an enterprise value of €40 million and closing is subject to regulatory approvals. TRACE is part of MTG’s International Entertainment operations. Jørgen Madsen Lindemann, MTG President & CEO […]