Virgin Orbit announced March 30th that it is laying off most of its employees, having failed to raise the additional cash to keep the rocket-launching business afloat. In an SEC filing, Virgin Orbit Holdings said it was laying off 675 staff, some 85 per cent of the total. Most had already been furloughed since mid-March […]
Streaming specialist Roku has announced it will lay off a further 6 per cent of its workforce, some 200 employees, in a second round of job cuts. The news sent company shares up nearly 3 per cent at the close of trading on March 30th. The company has also revealed it will exit and sub-lease […]
Netgem, the streaming entertainment specialist, has reported that 2022 was marked by many operational achievements including: the launch of the ‘best-in-class’ service TalkTalk TV 4K in the UK. The extension of the agreement with Elisa in Finland, integrating androidTV technology. The launch of ZeopTV, a service entirely operated by Netgem (Zeop is the first independent […]
The BBC has confirmed the appointment of TV executive John Hardie to review how its social media guidance applies to freelancers. The review, which was announced by BBC Director-General Tim Davie earlier in March, will start immediately. It is expected the review will be completed by the summer and any changes to the BBC’s social […]
Satellite operator Globalstar, which has an agreement with Apple to connect smartphones via satellite for emergency services, has secured a $200 million (€183.6m) loan which means that debts can be paid and puts capital in place for expansion. The Globalstar borrowing comes from an affiliate of Värde Partners, and is in the form of 13 […]
DAZN, the sports streaming platform, and J.League, the Japanese professional football league have extended their broadcast partnership until 2023. The deal is based on similar profit-sharing model to DAZN’s recently announced NFL partnership. DAZN Group CEO, Shay Segev – who flew to Tokyo to sign the deal – commented: “Launched as our first market in […]
Automotive manufacturer Porsche has partnered with media tech company ScreenHits TV to provide an in-car portal for Porsche customers worldwide to access their favourite TV streaming platforms, as well as premium video content and leading news channels for a number of their vehicles, starting with the Cayenne model year ‘24, which will be on roads […]
Netflix has announced that the original cast of cult classic Scott Pilgrim vs The World will be reuniting for an anime series adaptation. The 2010 movie, directed by Edgar Wright and based on Bryan Lee O’Malley’s comic books, featured Michael Cera and Mary Elizabeth Winstead as the lead stars, who will both reprise their roles […]
On April 2nd, ESPN will broadcast the inaugural Pickleball Slam featuring tennis legends Andre Agassi, Michael Chang, John McEnroe and Andy Roddick. Created and produced by Horizon Sports & Experiences (HS&E) and InsideOut Sports & Entertainment (ISE), the 2023 event will take place at Hard Rock Live at Seminole Hard Rock Hotel & Casino in […]
Williams Racing Formula 1 driver Logan Sargeant has partnered with IMG’s Sport 24, the live international inflight and in-ship sports channel, as its first brand ambassador. Through this partnership, Sargeant will feature in Sport 24’s brand campaign, providing exclusive behind-the-scenes content from his inaugural F1 season, as well as travel and sports insights, as he travels to over 23 […]
The Women’s National Football Conference (WNFC) has announced the launch of wSCORE, a direct-to-consumer streaming service going live to air all games for the upcoming 2023 season. Additionally, the WNFC has announced a streaming deal with DAZN, the global sports entertainment platform, securing additional access to live WNFC matches for audiences around the world. “Creating […]
The potential link between the world’s two largest satellite operators, SES and Intelsat, is intriguing the market. The news – at this stage more rumour than hard fact – follows on from a slew of similar mergers/acquisitions in the sector including Viasat’s upcoming purchase of Inmarsat, Eutelsat’s merger with OneWeb, and plenty of smaller satellite-based […]
Everyone knows the old fable about the Emperor and his lack of clothing. One person eventually calls out his nakedness and, eventually, everyone agrees; the collective illusion, the group think, is broken. The first truth-teller has to be brave, or have nothing to lose. But, in some ways, the most important figure is the second […]
