Liberty Global’s sale of its German and central European assets and planned sale of its Swiss unit “all make sense” in a market that is moving towards fixed-mobile convergence, but the company nevertheless sees “a lot of runway” to build value from its remaining assets, according to CEO Mike Fries. Speaking at Goldman Sachs Communacopia […]
Liberty Global will have US$12 billion (€10 billion) in cash to potentially spend on M&A or share buybacks as well as paying off debt following its sale of assets to Vodafone, but with no obvious transaction on the horizon is likely to look to return a substantial portion to shareholders, according to president and CEO […]
Netflix financial chief David Wells has claimed Netflix’s multi-billion dollar content spend is the key factor in the international SVOD service’s subscription growth. CFO Wells reiterated Ted Sarandos’ recent admission Netflix would spend US$7 billion on shows – mostly original content – in 2018, and has said spending US$20 million an hour on originals was […]
NBCUniversal (NBCU) parent Comcast is in rude health despite a recent stock price drop, according to its CEO. Comcast’s market cap recently fell around US$16 billion (€13 billion) after a predicted loss of up 150,000 video customers in Q3 was revealed. The share price has since recovered somewhat, but concerns linger. This is still well […]
Cable and telecom provider Altice Group’s US division aims to double in size over the next five years, but will adopt a cautious approach to M&A and will focus on the cable sector, according to CEO Dexter Goei, speaking at the Goldman Sachs Communacopia conference in New York. Goei said that Altice was open to […]
ICYMI: Amazon launches QLED TV range in UK, Germany and Mexico as it passes 200m milestone digitaltveurope.com/2023/03/23/ama… https://t.co/woMxE1FQyV
23 March 2023 @ 22:00:01 UTC
ICYMI: @netflix reportedly passes one million ad-supported subs digitaltveurope.com/2023/03/23/net… https://t.co/Dtw7EJXBEi
23 March 2023 @ 21:00:01 UTC
.@TF1: free entertainment that promotes French culture to compete with streamers digitaltveurope.com/2023/03/23/tf1… https://t.co/EoVbkezvSx
23 March 2023 @ 20:00:00 UTC
.@zattoo adds three new FAST channels from Mainstream Media digitaltveurope.com/2023/03/23/zat…
23 March 2023 @ 19:00:00 UTC
Pay-TV subscribers in Eastern Europe is to fall by 8m by 2028 digitaltveurope.com/2023/03/23/pay… https://t.co/iWObUAcAu2
23 March 2023 @ 18:00:01 UTC
