ProSiebenSat.1 CEO to step down in February

ProSiebenSat.1 Media chief executive officer (CEO), Thomas Ebeling, is due to leave the company after its next annual press conference on February 22, 2018. Ebeling’s term of employment was due to run until mid-2019, but ProSiebenSat.1 said he had already informed the company that he would not be available for a further contract renewal. The […]

Telefónica and Disney to launch new Movistar Disney channel

Spanish pay TV operator Movistar and Disney have struck a deal that will see a new channel – Movistar Disney – launch on the Movistar+ platform in December. Movistar – the brand name for Telefónica’s consumer service – and Disney will create what is the second international service co-branded between Disney and a TV platform […]

Altice to de-lever, promises no new M&A as it seeks to end share slide

Altice has confirmed that it plans to de-lever its balance sheet and bring leverage down in line with or below its targets over time. It said it would not pursue “any new meaningful M&A opportunities” and would dispose of non-core assets, including its transmission tower portfolio. Altice said it had taken action to kick off […]

Shareholders okay Discovery’s Scripps deal

Discovery Communications’ takeover of US cable rival Scripps Networks Interactive is drawing near after shareholders agreed to the deal. The US$14.6 billion deal brings networks such as Discovery Channel and Animal Planet together with the Food Network and HGTV. Discovery’s shareholder overwhelmingly voted in favour of the agreement, with more than 258 million for and […]

Fullscreen to shut down SVOD service

Fullscreen Media is due to shut down its Fullscreen subscription video-on-demand service in January 2018. In an email to staff, Fullscreen founder and CEO, George Strompolos, said that despite its momentum the company had made the difficult decision to close its SVOD service in order to prioritise spending elsewhere. “We came to the conclusion that […]

Vivendi and Mediaset reportedly close to agreeing deal

Vivendi and Mediaset are close to burying the hatchet and striking an agreement that will see the French media giant reduce its stake in the Italian broadcaster and create a space for collaboration based on the recently established JV between Canal+ and Telecom Italia, according to a report in Italian newspaper La Repubblica. According to […]

Amazon signs output deal with AMC

Amazon has signed a deal with AMC, which will see Amazon Prime Video gain excusive rights for a raft of series across 28 territories. Amazon Prime Video with have an exclusive first window for series made by AMC Studios, allowing the streaming service to show titles ahead of any other streaming platform, pay TV service […]

Video creation platform VidMob raises US$7.5m

US-based video creation network and platform, VidMob, has raised US$7.5 million in Series A funding. VidMob said the new funds will be used to: grow staff numbers across its four offices in Los Angeles, New York, Chicago, and Massachusetts; expand its technology capacity and tools; and to continue to partner with agencies and brands. VidMob’s […]

Netia launches new VOD service

Polish service provider Netia is launching a new transactional video-on-demand service that it says will be available to all customers. The new VOD service is available via the existing Netia VOD application on the Netia Player decoder and can be used by all Netia TV customers. Movies will be available for rental from PLN4.99 to […]

Altice Portugal backs new eSports event

Altice Portugal is to create what it claims to be the biggest eSports event yet held in the country, to take place at the Altice Arena next year. The Moche XL eSports event builds on the Moche Legend brand supported by Altice. The brand encompasses two national eSports leagues: Moche LPLOL, focusing on League of […]

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