Byron Allen has made a $10 billion (€9. 3bn) offer for Disney’s ABC and other linear networks according to Allen Media Group. Station owner Nexstar, which bought the CW Network, also has expressed interest in buying ABC and its stations from Disney. Disney CEO Bob Iger has said that the company’s linear networks, including ABC, […]
California-based satellite operator Viasat is reportedly restructuring some of its debt obligations. Viasat now owns London’s Inmarsat, and Bloomberg reports that a group of banks, including JPMorgan Chase and Bank of America, are looking to offload about $1.35 billion of debt that was tied to the purchase of Inmarsat. The banks are reporetedly marketing a […]
Euroconsult used their Paris World Satellite Business Week conference to make a dramatic forecast in suggesting that geostationary satellite capacity would shrink to “meaningless” amounts within the next five years, with non-Geo constellations providing 95 per cent or more of global satcom capacity by 2028. Euroconsult’s data showed that today’s non-geo constellations were almost all […]
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 […]
Bloomberg Media launched Bloomberg Originals, a new brand for streaming original video programming – cinematic documentary-style deep-dives, talk shows, live events and video podcasts. Under the new tagline, “Business as you’ve never seen,” Bloomberg Originals features series exploring climate change, technology, finance, sports and more. “On the heels of 20 per cent growth in video […]
SpaceX has raised a reported $750 million (€706.7m) in a new funding round. The move values the business at a spectacular $137 billion. The new cash has come from a series of investors, reports CNBC, including private equity venture capital outfit Andreessen-Horowitz, which was founded by Marc Andreessen and Ben Horowitz. As at April 2022, […]
FOX Business Network (FBN) will debut two new programmes starting January 23rd 2023, announced Lauren Petterson, president of the network. Bloomberg Television’s Taylor Riggs has signed with the network to co-host The Big Money Show, alongside FBN’s Brian Brenberg and Jackie DeAngelis weekdays from 1-2 PM/ET while Dagen McDowell and Sean Duffy will co-host The […]
Bloomberg Media, the business and financial information and news player, has announced its partnership with UK artificial intelligence (AI) start-up, Papercup, to localise hundreds of hours of video content through AI dubbing on YouTube for Spanish-speaking audiences in Latin America and the US. The partnership will feature AI used to translate and dub Bloomberg’s global […]
Bloomberg and Bloomberg Quicktake have launched on Freeview channel 271 via the Channelbox platform. The Bloomberg channel delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News. Originated in 2017 as the first social-only news platform, Bloomberg Quicktake launched as a global, 24/7 video business network in November […]
ZEASN, a providers of OTT and smart TV solutions, has announced a partnership with Bloomberg, the global business and financial information and news provider. The deal encompasses the launch of the linear streaming channels Bloomberg Television and Bloomberg Quicktake on WhaleLive in Europe, the Middle East, Africa, and other territories. Starting today, WhaleLive users will […]