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Forecast: Linear ad market collapsing
MoffettNathanson predicts 2024 will be the year linear TV advertising model fails. “We had initial concerns about the early promises of a second-half 2023 recovery […] In all honesty, despite these concerns throughout the years, linear TV has ended up even worse than we expected,” writes Michael Nathanson. Nathanson has lowered his forecasts and he…
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Netflix slams Euro quotas
Larry Tanz, EMEA boss for Netflix, has told Series Mania that local European quotas “stifle creativity”. Tanz calling for “greater flexibility” given how many shows Netflix is currently making around the world. He pointed to Spain’s attitude; it has quotas in place but with “flexibility” so that Netflix can make Spanish-originated films and series but…
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MFE-MediaForEurope sees increased profits
Italy-based broadcasting group MFE-MediaForEurope is expected to close 2023 with profit exceeding €217 million, the figure recorded in the previous year. This figure does not include the effects of adding ProsiebenSat.1 to their finances. Advertising revenues in Spain and Italy are expected to grow by 5 per cent compared to the same period in 2023. The…
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MásMóvil increases revenue and customers
MásMóvil ended the year increasing its revenues by 3 per cent to €2.97 billion, albeit losing €240 million overall. EBITDA remained flat versus the previous year reaching €1.18 billion with investments totalling €437 million. In term of customers, MásMóvil added 650,000 new lines including mobile and fixed broadband. Overall, the company has 15.9 million lines,…
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Paramount+ to roll out ad tier in Canada, Australia
Paramount+, the SVoD service from Paramount, has announced launch timing and pricing for its international ad-supported subscription offering, the ‘Basic (with ads)’ plan. The plan will roll out in April in Canada and in June in Australia, priced at C$6.99 and A$6.99, respectively. The Paramount+ ‘Premium’ plan will also roll out in Europe, beginning with…
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WBA completes OpenRoaming trial in London
The Wireless Broadband Alliance (WBA), the industry body dedicated to improving Wi-Fi standards and services, has announced the successful completion of an advanced public Wi-Fi OpenRoaming proof-of-concept (PoC) in Shoreditch, London. A busy area for businesses, students and evening footfall, the PoC enabled phone users to seamlessly connect to Wi-Fi and move between cellular and…
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Taiwan wants LEO broadband system
Taiwan wants its own satellite broadband system. Taiwan is just 80 miles from China’s mainland, and is anxious that it must have an independent infrastructure in case of near-by crisis. A report in The New York Times says that Taiwan wants to see an initial satellite orbiting by 2026. Meanwhile, Taiwan has a partnership agreement…
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Azerbaijan beats US in IAC Congress
The International Astronautical Congress (IAC) to be held in the city of Milan, Italy later this year (October 14th-18th) but its collection of submitted abstracts has already been published. Azerbaijan, which hosted the 2023 event, is in the Top 5 of countries in the world in terms of scientific articles published. It should be noted…
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Gcore launches AI Automated Speech Recognition
Gcore, the edge AI, cloud, network, and security solutions provider, has announced the public availability of its Gcore Artificial Intelligence Automated Speech Recognition (AI ASR). It seamlessly integrates into Gcore workflows enabling broadcasters, VoD, live streaming, and enterprise content owners to reach new global audiences, enhancing the accessibility of content for those speaking different languages…
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C4 chooses Witbe to automate QA testing of app
Witbe, the specialist in test automation and monitoring technology for video service providers, has announced a new customer in Channel 4 Television Corporation — owner and operator of one of the UK’s biggest free streaming service and a number of television channels including E4, More4, Film4, and 4seven. Channel 4 is utilising Witbe’s technology to…