Skydance Media and Paramount Global have entered into a definitive agreement to form ‘New Paramount’ – a next-generation media and technology leader, through a two-step transaction including the acquisition of National Amusements Inc (NAI), which holds the controlling share stake in Paramount, and subsequently a merger of Skydance and Paramount Global. The transaction combines the […]
Portugal’s competition regulator, Autoridade da Concorrência (AdC), has shot down Vodafone Portugal’s attempt to acquire telecom company Nowo. The AdC fears the merger would hurt consumers by limiting competition in the Portuguese telecom market, by increasing market power for Vodafone and its main competitors (Meo and NOS), creating conditions for coordinated offers among them, and […]
Research from Ampere Analysis shows that Disney+ subscribers who had previously churned and then returned (‘resubscribers’) to take the Disney+/Hulu/ESPN+ bundle are 59 per cent less likely to churn within 12 months than those who take Disney+ alone. This finding suggests bundling streaming services will have a significant impact on the 42 per cent of […]
Viaplay Content Distribution will launch the Viaplay channel as an add-on subscription on Prime Video via Prime Video Channels in the UK on July 9th. Viaplay’s UK content offering will focus on Nordic series and films. Subscribers will have immediate access to thousands of hours of Nordic and European content. Gerald Biart, Viaplay Group, VP […]
The BBC’s coverage of England’s win over Switzerland at Euro 2024 on July 6th drew in more than three quarters of the nation’s TV viewers. England won via a penalty shootout after Breel Embolo’s goal for Switzerland was matched by a late equaliser from Bukayo Saka in regular time as the only two goals of […]
Lisa Nandy has been appointed Secretary of State for Culture, Media and Sport by new British Prime Minister Sir Keir Starmer. Nandy is the MP for Wigan in the northwest of England and prior to the dissolution of Parliament on May 30th, was Shadow Minister (International Development), at the Foreign, Commonwealth and Development Office having […]
Warner Bros Dicovery (WBD) has settled a claim from some shareholders relating to the 2022 merger of AT&T’s Warner Bros and Discovery. They had claimed the $43 billion deal was too preferential to bigger sharedholders. Now, through mediation, the two sides have agreed to a $125 million settlement that will bring the lawsuit to an […]
The BBC has announced that Jonathan Munro will take up the post of BBC News Global Director from September. In this new role, spanning international services, he will be Director of the BBC World Service, oversee BBC Monitoring and remain Deputy CEO of BBC News and Current Affairs. Munro commented: “I am thrilled and daunted […]
The European Space Agency (ESA) has confirmed that its pre-launch Readiness Review of the Ariane 6 rocket had been wholly satisfactory, and that ESA had given the green light for a July 9th launch. Currently, and subject to the usual weather considerations, the launch window from Europe’s spaceport at Kourou in French Guiana is scheduled […]
Eighty-eight per cent of Internet Service Providers (ISPs) stayed at their same speed in June with a few notable increases and decreases on the Netflix ISP Speed Index – a monthly update on which ISPs provide the best prime-time Netflix streaming experience. Thirty-six countries and regions were in the top performance tier in June: Argentina, […]
BBC Studios has announced that Marcin Boroszko has been appointed to the newly created role of Director of Ad Sales, Central and Eastern Europe (CEE), effective immediately. Boroszkowill be based in Warsaw and report to Bartosz Witak, General Manager for CEE at BBC Studios. Responsible for developing and implementing innovative advertising sales strategies for the […]
AST SpaceMobile’s plans to place five of its ‘Block 1’ satellites into orbit are at an “advanced stage”, according to a Prospectus issued on July 3rd. The Prospectus was presented to the SEC in conjunction with a share transfer of 10.4 million shares from Antares Technologies LLC (a Cisneros-related business). AST is building a constellation […]
‘The law is the law’ is often a less black and white statement than it appears, even when talking about a single country. When talking about international or global issues, the law becomes ever more uncertain, in its interpretation and, even more, in its implementation. And that is why it is close to impossible to […]