Portuguese media group Media Capital posted a €4.1 million loss in 2021, a 63 per cent improvement over the €11.1 million loss the previous year. Operating revenues increased by 15 per cent to €157.7 million. Despite the Covid-19 pandemic, advertising revenues increased 16 per cent year-on-year, due to the recovery of the advertising market and […]
South Korean technology giant Samsung Electronics has reported a 50.3 per cent jump in preliminary profits for its first quarter. Much of the success comes from Samsung’s silicon chip division; Samsung is the world’s largest memory chip and smart-phone manufacturer. However, the company did not provide details on the performance of its various divisions. Samsung […]
A new report, Audiovisual fiction production in Europe – 2020 figures, has been published by the European Audiovisual Observatory, part of the Council of Europe in Strasbourg. The report analyses the volume, formats, origin, commissioners and producers of original European TV films and TV series released on TV and SVoD between 2015 and 2020. Daily […]
Two years on since working from home was first introduced, research from Sky Broadband reveals that Brits have reached an era of balance, as the majority of office workers now spend three days a week working in the office, and the other two working remotely. The new ‘3:2 week’ has had a positive impact, with […]
The latest Intellectual Property Crime Threat Assessment, produced jointly between Europol and the European Union Intellectual Property Office (EUIPO), reveals that the distribution of counterfeit goods has been thriving during the Covid-19 pandemic. The health crisis has presented new opportunities for trade in counterfeit and pirated products, and criminals have adjusted their business models to […]
Hollywood film and video production has gone virtual over the past two years, fueled by pandemic concerns, the need to accelerate delayed production, and the insatiable consumer demand for new content. Survey data released by Telecommunications, Media, and Technology (TMT) consulting firm Altman Solon, found that almost 70 per cent of industry respondents anticipate expanding […]
Level has successfully defended RDA Television’s (RDA) right to terminate its Media Rights Agreement with European Professional Club Rugby (ECPR). EPCR is the organiser of the European Rugby Champions Cup and the European Rugby Challenge Cup. RDA had originally signed an agreement with EPCR on May 11th 2018 to cover the next four seasons, until […]
The DPP, the media industry’s business network, has published its annual predictions report. In its sixth year and enabled by DPP member company Zixi, the DPP 2022 Predictions were drawn up by 31 senior leaders from across the DPP membership. They paint a picture of an industry determined to grow and adapt to rapid change […]
Despite the proliferation of smart TVs, the market for STBs is still huge and a report from Global Market Insights (GMI) forecasts that STBs will expand again (after the pandemic saw reduced sales and installations) in many regions and the amrket will be worth $20 billion (€17.7bn) by 2028. The pandemic also saw the much-reported […]
Pebble Beach Systems Group has released a trading update announcing that it expects to report 2021 results significantly ahead of market expectations. Revenue was approximately £10.6m up 26% on the 2020 result, whilst orders were up 75% at £13.7m (which includes £1.5m of orders delayed from 2020 due to Covid). The broadcast automation and integrated […]