Daily News  - 29th April 2024

Roku Q1 revenue up 19% YoY

Roku, the streaming specialist, has reported that Q1 platform revenue stood at $755 million (€703m), up 19 per cent YoY. Gross profit was at $388 million, up 15 per cent. Streaming households hit 81.6 million, a net increase of 1.6 million from Q4 2023. Streaming hours were at 30.8 billion,…

Peacock subs up 55% YoY

US media conglomerate Comcast has reported its Q1 results. Net income rose 0.6 per cent to $3.86 billion (€3.6bn) compared with $3.83 billion  a year earlier. EBITDA declined 0.6 per cent to around $9.4 billion. The company’s revenue grew to $30.06 billion, up 1.2 per cent on the same period…

FCC restores net neutrality

The US Federal Communications Commission has voted to restore a national standard which it suggests will ensure the Internet is fast, open, and fair. The decision to reclassify broadband service as a Title II telecommunications service allows the FCC to protect consumers, defend national security, and advance public safety. Through…

Nielsen: "Marketer spending optimism is up in 2024"

Nielsen, the specialist in audience measurement, data and analytics, has released its sixth global Annual Marketing Report, revealing marketers’ priorities and plans to improve ROI in 2024 and beyond. The report, which surveyed nearly 2,000 global marketers, found that marketers continue to view social media, search, online/mobile video, and online/mobile…

MPs to probe BBC World Service

The International Development Committee of the UK House of Commons has launched a new inquiry on the future funding of the BBC World Service. BBC World Service provides news to radio, TV and digital audiences around the world in 42 languages including English, reaching a global audience of 318 million…

Openreach tackles cable thefts

An invisible DNA marker that links criminals to crime scenes is playing a key role in helping UK digital infrastructure provider Openreach clamp down on cable thefts. The number of incidents, which often cause widespread phone and broadband disruption, dropped last year across the UK by more than 30 per…

Canada: Prime Video scores NHL deal

Amazon, Rogers Communications, and the National Hockey League (NHL) have announced a two-year agreement in Canada to bring hockey fans Monday night NHL hockey exclusively on Prime Video. Prime Monday Night Hockey will stream all national regular season Monday night NHL games in English for the 2024/25 and 2025/26 NHL seasons.…

Virgin Media O2 drives down single-use plastic

Virgin Media O2 reports it has has removed 65 tonnes of single-use plastic from its operations and products since 2021 – the equivalent weight of five double decker buses. The company says it is striving to cut waste and single-use plastic from packaging and equipment sent to customers and its…

Lynk Global signs up US government

There’s a battle taking place for satellite-based direct-to-cellular services. AST SpaceMobile is one such player, while the likes of Globalstar (linked with Apple) and Starlink (linked with T-Mobile and others) are also looking to tap into what they all suggest is a potentially large market for connectivity. However, it is…

Curzon, MUBI join BASE and DEGI

Film exhibition, distribution, production, and on-demand streaming company Curzon and streaming service, production company, and film distributor MUBI have become the newest hybrid members of trade bodies the British Association for Screen Entertainment (BASE) & DEGI: The Digital Entertainment Group International. They join the dynamic community of BASE and DEGI,…

Sky expands unscripted slate

Sky has announced a lineup for unscripted entertainment on the way to Sky Max. BAFTA-nominated duo Rob Beckett and Romesh Ranganathan will take on their best set of challenges yet and the A League of Their Own team are starting their engines for a one-off race across Europe. Additionally, Joe…

Netflix adapts The Thursday Murder Club

Netflix has ordered a movie adaptation of The Thursday Murder Club, a novel written by UK TV personality Richard Osman. The story follows a group of friends in a retirement home who gather to solve murders for fun, but find themselves caught in a real case. Helen Mirren will play…

Paramount+ lands Lollapalooza docu-series

Paramount+ has announced that the upcoming docuseries Lolla: The Story of Lollapalooza will premiere exclusively on the service in the US and Canada on May 21st and on May 22nd in the UK, Australia, Latin America, Brazil, France, Germany, Switzerland and Austria. Directed by Michael John Warren and executive produced by…
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