News – Page 9
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Edgar Bronfman tables rival $6bn deal for Paramount Global
A group of investors led by veteran media executive Edgar Bronfman Jr. has lodged a last minute $6bn bid for Paramount Global.
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Real-World AI Applications Championed at IBC2024
IBC has announced a host of new features and sessions for this year’s leading content and technology show which dissect the world of AI, showcasing real-world advances, technology pioneers and industry leaders demonstrating a wide range of AI use cases.
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Industry titans to discuss future of UHD at IBC roundtable event
The UHD World Association (UWA) will host a UHD-focussed roundtable event for C-suite leaders in the media, tech, and broadcast sectors during IBC2024, on Sunday 15th September.
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MovieLabs Announces Industry Forum for Media Creation
Organisations across the M&E industry are invited to help design and develop the future of professional media creation as part of the new Industry Forum launched today by the technology joint venture of the major Hollywood motion picture studios, MovieLabs.
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Fourier Audio’s transform.engine embeds iLok USB hardware to enhance security
Live sound software developer Fourier Audio has integrated iLok USB hardware from security and licensing specialist Pace Anti-Piracy into its transform.engine platform.
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Judge temporarily blocks launch of sports streamer Venu
A US judge has temporarily blocked the launch of Venu Sports, the joint sports streamer backed by Warner Bros. Discovery, Disney and Fox.
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UK’s SVOD subscriptions cross 20 million barrier for first time
For the first time, more than 20m UK homes now have access to subscription video-on-demand (SVOD) services, according to audience measurement organisation Barb.
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Disney hires YouTube’s Adam Smith as Chief Product & Technology Officer
Adam Smith has been named Chief Product & Technology Officer at Disney Entertainment and ESPN.
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EBU calls for industry collaboration on media authenticity standard C2PA
The European Broadcast Union’s (EBU) Technical Committee has released a position statement calling on the media technology industry to support content provenance and authenticity standards such as C2PA to help audiences trace the origin of content.
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Channing Dungey to head Warner Bros Discovery’s TV networks
Channing Dungey, Chairman of Warner Bros. Television Group, is to take on additional responsibility for Warner Bros. Discovery’s US Networks business.
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UK entertainment and media market to become largest in Europe
The UK is forecast to have the largest entertainment and media market in Europe - overtaking Germany - from next year, according to PwC’s latest Global Entertainment & Media (E&M) Outlook 2024-2028.
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BBC and ITV confirm UEFA Women’s Euro 2025 deal
BBC Sport and ITV have agreed a deal for live coverage of the UEFA Women’s Euro 2025 tournament.
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News Corp considers Foxtel sale
News Corp is considering selling its stake in Australian pay TV and streaming operator Foxtel.
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University of York, dock10 and 2LE Media to develop AI tools for VP lighting
UK television facility dock10, The University of York, and TV production company 2LE Media have secured backing from Innovate UK’s BridgeAI programme to develop artificial intelligence (AI) tools that can power lighting in live virtual productions.
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Paramount Global writes down value of cable networks by $6bn
Paramount Global has written down the value of its cable TV networks by nearly $6bn and is to cut 15% of its US workforce in a bid to reduce costs.
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BBC Studios retains Eurovision contract
BBC Studios has retained the contract to produce the Eurovision TV coverage for the BBC following a competitive tender.
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Disney to invest $5bn in European film and TV production
Disney is planning to spend at least $5bn on producing films and TV shows in the UK and continental Europe over the next five years.
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Warner Bros Discovery writes down value of TV networks by $9.1bn
Warner Bros Discovery has written down the value of its traditional TV networks by $9.1bn, acknowledging that streaming has eroded the value of its channels such as CNN, HGTV and the Food Network.
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Sky Sports+ launches ahead of EFL opening weekend
Sky has launched its new Sky Sports+ dedicated channel and numerous live streams.
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Disney reports that combined streaming platforms move into profit for first time
Disney’s streaming business has turned a profit for the first time, according to its quarterly report.