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Vodafone agrees US$2.4 billion Egypt sale to STC 

Vodafone looks set to exit the Egyptian market with Saudi Telecom (STC) agreeing a deal to acquire the British telco’s 55% stake in Vodafone Egypt for US$2.4 billion. Vodafone Egypt is the largest telco in the country, with Vodafone being the nation’s largest foreign investor. The operator has a market share of 44% of a […]

PGA Tour signs Facebook Watch deal for daily highlights

Facebook and the PGA have agreed a deal to bring highlights packages to Facebook Watch. The deal will see the PGA publish daily round recaps and player-specific highlights from over 30 PGA Tour events such as The Players Championship and FedExCup Playoffs. The Facebook Watch packages will feature content from the organisation’s linear TV broadcasts […]

UFC signs deals with Facebook and Russia’s Tricolor

Combat sports competition the UFC has inked a one-year deal with Facebook. The arrangement will see the UFC produce three original shows for Facebook Watch, with all content to be tied to 20 UFC events over the next year. The short-form shows are Quick Hits, The Check-In How and Fighter Commentary. Quick Hits is a […]

Facebook’s Burns in as Twitch’s first-ever EMEA MD

Amazon’s game streaming platform Twitch has appointed Damian Burns as its first-ever managing director of EMEA. Burns joins from Facebook, where he spent five years, most recently as the social media giant’s senior director of gaming for EMEA. Prior to assuming that role in 2017, he spent two years as Facebook’s head of sales for […]

Ovum: FAANG will continue to dominate streaming despite new launches

Facebook, Apple, Amazon, Netflix and Google – the group of tech giants collectively known as FAANG – will continue to dominate the streaming video world despite the launch of multiple new services by US studios, according to an analysis by research outfit Ovum. According to Ovum’s World Information Series-Service provider service, the FAANG five are […]

ESPN signs Facebook Watch deal

Disney-owned ESPN has announced a new distribution deal with Facebook. The agreement will see the sports broadcaster distribute a range of exclusive digital shows on the social media company’s Facebook Watch video platform. Content initially available on the platform include extra segments from shows such as Always Late with Katie Nolan, college football pre-game companion […]

Facebook brings Portal to the TV, but privacy still a concern

Facebook has made a play for the living room with the introduction of a new Portal TV set-top box. Portal was launched in 2018 as Facebook’s attempt at launching a product to rival the Amazon Echo Show  and Google Home Hub, with a main focus on video calling. In addition to the STB, Facebook has […]

Esports revenues to top US$5bn in five years

Revenues from esports are expected to skyrocket from US$900 million (€802 million) in 2018 to US$5.05 billion (€4.5 billion) in 2024.  According to a new report from Rethink Technology Research, the revenue rise is set to be split between game publisher fees, sponsorship, media broadcasting rights, tickets and merchandise, tipping and advertising. While broadcasts of […]

Facebook tests aggregate VOD sales

Social media giant Facebook is attempting to make a play in the SVOD space as an aggregator and reseller.  The site is launching a small-scale test to sell subscriptions for four services. These are Britbox, CollegeHumor’s Dropout, MotorTrend app and Tastemade Plus.  The test will only be available in the US and will begin in […]

Mediaset secures victory against Vimeo in latest copyright ruling

Mediaset has claimed another victory in its battle against copyright infringement by online video services with a legal judgement against Vimeo. The Court of Rome has ordered the online video portal to pay close to €5 million in damages and €80,000 in court costs after it was found guilty of hosting copyright material from the […]

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