Controversial FCC chair Ajit Pai to step down January 20

Ajit Pai, the head of the US’s Federal Communications Commission (FCC), has announced that he will step down on January 20 – the day of president elect Joe Biden’s inauguration.  Pai had served on the FCC since 2012, but became a more public-facing figure when he was appointed chair of the body in 2017 by president […]

NENT’s Viaplay to expand to 10 international markets, including Poland and US

Nordic Entertainment (NENT Group) has unveiled plans to rollout streaming services in 10 international markets by the end of 2023, including Estonia, Latvia, Lithuania, Poland and the US in 2021. By the end of 2025, NENT Group aims to increase its subscriber base to approximately 10.5 million by more than doubling its Viaplay paying subscriber base in […]

Top US Pay TV operators drop 4.7 million subs in year to date

The top pay TV operators in the US lost more than 850,000 subscribers in the recent quarter. According to figures from informitv, the top 10 operators collectively lost 862,800 TV subscribers in Q3, taking total losses in 2020 so far to 4.72 million. Of those top 10, eight lost subscribers, though Q3 fared better than […]

Stonepeak acquires US operator Astound for US$8.1 billion

Private equity firm Stonepeak has announced a deal to buy US cable TV and ISP Astound Broadband for US$8.1 billion. The company will buy the operator from TPG Capital and Patriot Media Management, with the deal including US$4.5 billion of debt. The deal is expected to close in Q2 2021. Astound is the sixth largest […]

Cogeco rejects revised C$11.1bn Altice USA bid

The Audet family, which holds a controlling interest in Canada’s Cogeco, has rejected a revised offer to acquire the company by Altice USA. Altice had been hoping to take over Cogeco’s US subsidiary Atlantic Broadband and divest the Canadian operation to Rogers Communications. Altice USA presented a revised offer to acquire 100% of Cogeco for […]

BritBox North America chief Sriraman departs

BritBox president & CEO for North America Soumya Sriraman is leaving the BBC Studios and ITV joint venture streamer. Sriraman has been in the role since 2017, having previously been VP of franchise and digital enterprises at BBC Worldwide North America, before it became part of BBCS. She will formally depart at the end of […]

Audets resist Altice USA’s €7bn move to acquire Atlantic Broadband

Altice USA, the European-based service provider’s US offshoot, has made an offer to acquire the ninth largest American cable operator, Atlantic Broadband, through the purchase of the outstanding shares of Canada-based Cogeco Communications, its owner. However, Cogeco executive chairman Louis Audet and his family, who control multiple voting shares as controlling shareholder, have indicated via […]

FCC closes file on ‘unlock the box’

The US FCC is to officially close the once contentious ‘unlock the box’ proceeding initiated under FCC chairman Ajit Pai’s predecessor Tom Wheeler. The FCC is closing the proceeding for a new regulation that would have seen service providers forced to make their offerings available to devices they did not control rather than force customers […]

US court ruling opens way for studios to own cinema chains

A court judgement in the US has opened the way for movie studios to own cinema chains for the first time since the 1940s, leading to fears that the sector could become dominated by the likes of Amazon, squeezing out smaller independent studios from theatrical distribution. The US District Court Southern District of New York […]

Universal movies to go to PVOD after three weekends of theatrical release in landmark deal

Comcast-owned Universal has struck a deal to enable its films to go to premium video-on-demand only 17 days after exhibiting in AMC Entertainment4 theatres across the US in a move that is likely to have significant ramifications for the cinema and VOD businesses in the country and beyond. The agreement includes at least three weekends, […]

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