News – Page 21
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Canal+ increases stake in Asian streamer Viu to 30%
France’s Canal+ Group has increased its stake in Asian streaming platform Viu to 30%.
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Germany’s ProSiebenSat.1 and RTL Deutschland join forces in advertising technology
Leading German media groups ProSiebenSat.1 (P7S1) and RTL Deutschland are joining forces in advertising technology (adtech).
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Reef founder Richard Farmbrough launches Somersault Studio with Owen Rodd
Former Reef Television CEO Richard Farmbrough has joined forces with Executive Producer Owen Rodd to create Somersault Studio, a new indie with bases in London and Cardiff.
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Fremantle to acquire Asacha Media Group
Fremantle has entered a conditional purchase agreement to acquire global production studio Asacha Media Group and its portfolio of labels based in France, Italy and the United Kingdom.
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EMG / Gravity Media unveils executive leadership team
Broadcast technology and production specialist EMG / Gravity Media has announced its key executive leadership team positions following last month’s news of the group’s merger.
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BT Tower sold to MCR Hotels
MCR Hotels has secured the purchase of BT Tower for £275m. MCR plans to transform the iconic building into a hotel.
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Netflix predicted to lose Arabic streaming leadership to Shahid VIP
Netflix is predicted to lose its SVOD market leadership in Arabic countries in the next five years, according to a report by Digital TV Research.
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Cinesite launches visualisation division
Cinesite has launched a new visualisation division which will expand its previs, virtual production, techvis and postvis services, and will align with its concept and pipeline departments.
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RedBird IMI to acquire All3Media for £1.15bn
Investment group RedBird IMI has agreed to acquire production and distribution group All3Media from its joint owners, Warner Bros. Discovery and Liberty Global, for £1.15bn.
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Oppenheimer leads BAFTA winners
Oppenheimer was the biggest winner at this year’s BAFTAs, winning seven prizes including best film and best director for Christopher Nolan.
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Lise Heidal appointed President of NEP Broadcast Services Europe
NEP Group has appointed industry veteran Lise Heidal as President of NEP Broadcast Services Europe.
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Spain’s RTVE launches streaming service across Europe
Spanish public broadcaster RTVE has launched its international streaming service rtveplay+ in Europe.
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Paramount Global lays off around 800 staff
Paramount Global is laying off 800 staff, or about 3% of its workforce, according to multiple media reports.
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IMG appoints James Clement as SVP Tech & Operations for studios business
Sport, events and representation business IMG has appointed James Clement as Senior Vice President, Tech & Operations for its studios business.
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Eight-hour day is possible in film and TV production – report
Flexible working experts Timewise and union Bectu Vision have released an in-depth feasibility study that assesses the financial implications of a shorter working day for scripted drama production.
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BBC announces plans for new digital radio stations
The BBC has announced plans for digital station extensions of BBC Radio 1, BBC Radio 2 and BBC Radio 3.
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Africa to add nine million SVOD subscriptions
Sub-Saharan Africa will have 16 million paying SVOD subscriptions by 2029, up from seven million at the end of 2023, according to research by Digital TV Research.
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Canal+ increases stake in Nordic streamer Viaplay
French pay TV operator Canal+ increased its stake in Nordic streamer Viaplay to 29.33%.
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Fremantle takes majority stake in Singapore-based Beach House Pictures
Fremantle has acquired a majority stake investment in one of Asia’s largest independent TV and film production companies, Beach House Pictures, the outfit behind Netflix series Mind Your Manners.
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ESL FACEIT Group launches streaming platform for esports fans
Esports organiser ESL FACEIT Group (EFG) has launched a new esports streaming platform designed to offer a unique streaming experience tailored to the user.