Netflix added 9.3 million subscribers in Q1 2024, hugely surpassing analyst estimates, and now has 269.6 million subscribers globally, further asserting the company as the world’s leading streaming service. Netflix reported revenue of $9.4 billion (€8.8bn), up 15 per cent YoY, and operating income of $2.6 billion. The company advised that it will stop reporting […]
US private equity group Apollo Global is considering hooking up with Sony Pictures Entertainment to make a joint takeover bid for Paramount Global to rival the deal on the table between controlling shareholder Shari Redstone and Skydance, the film studio. The potential of the bid is at an early stage, according to reports. If a […]
David Zaslav, chief executive of Warner Bros Discovery (WBD), made $49.7 million (€46.6m) last year, 26 per cent up on the previous year, according to filings with the Securities and Exchange Commission. Losses at WBD totalled $3 billion in 2023, an improvement from $7 billion in losses the year before. Revenue fell 4 per cent. […]
In Q4 2023, global fixed broadband connections reached 1.43 billion, following a quarterly growth of 0.96 per cent. Point Topic, the broadband market intelligence provider, recorded a decline in fixed broadband subscriptions in 18 countries, down from 21 in Q3 2023. Some of these markets have high mobile subscriber penetration, others are experiencing high inflation […]
Sky has announced a raft of new updates that are set to launch on Sky Glass and Sky Stream through its Entertainment Operating System (OS). New features include a personalised recommendation rail, enhanced voice control options and lower latency on Sky Sports Main Event. These join over 500 updates made to Entertainment OS since the […]
The Culture, Media and Sport Committee of the UK House of Commons is to hold an Evidence Session looking at the challenges facing UK cinema. The Committee is continuing its inquiry into British Film and High-End TV with a session focusing on the industry’s exhibition sector, where a film is screened for the public in […]
Infant school children are increasingly online and given more digital independence by parents, according to Ofcom’s annual study of children’s relationship with the media and online worlds. Around a quarter of 5-7 year-olds (24 per cent) now own a smartphone, while three-quarters use a tablet (76 per cent). Compared to a year ago, a higher proportion of […]
By applying Nielsen’s Brand Impact methodology – online research Community, Teads, the global media platform, in partnership with CNN Brazil, has released data from an original qualitative study on the relationship between digital advertising and editorial content. The research reveals behaviours by gender, age group, consumption, and interaction with ads. “The findings of the study […]
The way people use, think and feel about different types of media is constantly changing. In Ofcom’s latest media literacy research, the media regulator takes a deep dive into how people across the UK are navigating an increasingly online world. This year’s study explores how adults across the UK feel about issues ranging from artificial […]
The satellite Internet of Things (IoT) market is transforming remarkably, driven by technological advancements and an ever-increasing demand for global connectivity. As the world becomes more interconnected, the limitations of terrestrial networks become apparent, particularly in remote and underserved regions. This is where satellite IoT steps in, bridging the gap with its ability to provide […]
Zayo Group, a provider of network infrastructure, has appointed Colman Deegan as its new CEO of Zayo Europe to drive the business’ growth as cloud and AI adoption continues across the continent. This appointment is effective immediately. Steve Smith, CEO Zayo Group, commented: “Colman’s experience and proven track record as a CEO leading large teams […]
April 18th saw satellite operator issue its annual dividend payments (of €0.50 per share) to shareholders. That’s the good news. The bad news is that there was the usual post-dividend share sell-off, but this year’s decline was significant. SES’s Paris bourse share price has fallen 12.5 percent over the past week to €5.53 and at […]
Full Disclosure: I write this piece without any pretence to journalistic objectivity. I ride a motorcycle, l love to do it, and I am a huge fan of motorcycle racing. Therefore, I wish Liberty Media all the best with their acquisition of Dorna, the organiser behind MotoGP and World Superbikes. MotoGP is the top, prototype […]