Business
UK’s Film and TV Charity sees 800 per cent rise in requests for financial aid
The Charity has announced a £500,000 increase in its financial budget in order to help it meet the requirements of workers across the industry...
finance
Business
Financing broadcast kit in 2023
If you are looking to purchase new equipment this year, remember to keep your cash reserves high even if you’re not planning to use...
Business
UK’s Film and TV Charity announces tools to help freelancers with cost of living crisis
The Charity has released three tools, including a budget planner, bills prioritiser and savings calculator
Business
Mediapro ‘definitively resolves’ financial uncertainties
Company has reached an agreement with its creditor funds to refinance its debt
Business
Technicolor to spin-off Creative Studios division
Division includes Technicolor's visual effects business
Business
Searchlight, Invesco complete first step of possible Mediapro takeover
Companies have won approval to inject fresh capital into the beleaguered Spanish producer
Business
Searchlight, Invesco launch Mediapro takeover bid
Companies are offering a further investment of €150 million in order to take control
Business
Mediapro seeks €230 million bailout from Spanish government
Company is reportedly unable to meet payments on a €920 million loan it originally secured in 2018
Business
Avid announces debt refinancing, expects to improve cash flow by $10 million
Avid said the terms of the new credit facility will provide it with significantly incremental flexibility to support its strategy and growth plans.
Business
Ireland’s RTÉ to seek redundancies to deal with “persistent gap” between costs and income
Between 6-70 members of staff set to be made redundant in 2021
Business
Mediapro places itself under court protection from creditors
Company wants to renegotiate the price of the broadcast rights to France's top football league.
Business
Moody’s upgrades Technicolor’s rating to stable
Change in rating comes after Technicolor announced in September that it had completed its debt restructuring.
Business
DAZN ‘looking to raise $1 billion to fund global expansion’
An IPO using a special purpose acquisition company is reportedly one of the options being considered by the sports streaming service
Business
Technicolor’s shareholders approve financial restructuring plan
Approval marks a "new chapter" for the company said CEO Richard Moat
Business
Technicolor’s safeguard plan approved by creditors’ committee
Plan now faces approval by shareholders. If not, Technicolor said it will be forced to initiate liquidation proceedings
Business
Mediapro secures €120 million to weather coronavirus storm
Includes €55 million from Deutsche Bank
Business
UPDATED: Technicolor files for Chapter 15 in the United States
In a statement sent to TVBEurope, Technicolor reiterated that Chapter 15 is not bankruptcy but a proceeding that accompanies the SFA process for companies...
Business
Technicolor suspends trading in its shares
Company says it is "confident" it will reach an agreement with lenders in the next couple of days
Business
Technicolor seeks new financing offers
Company is seeking €400 million in new financing after putting its planned rights issue on hold because of the coronavirus pandemic
Business
Business
Bectu: Chancellor’s scheme is “right direction” for freelancers
Union calls for coronavirus business interruption loans to be made available to all
Business
Discovery borrows $500 million to weather the coronavirus storm
Aims to "maximise flexibility" in light of uncertainty caused by COVID-19
Business
Technicolor suspends financial guidance due to coronavirus
Originally unveiled a strategic plan for the next two years in February
Business
Moody’s downgrades Technicolor again
Moody's warned could be hindered by "increasingly challenging macro environment"
Business
Technicolor unveils strategic plan to streamline operations
Company says it is "well placed to benefit from the burgeoning growth of streaming platforms"
Business
Business
Technicolor responds to financial downgrading
Company expects its profitability to show recovery in second half of 2019
Production & Post
UK TV and film production spend hit £3.1 billion in 2018
High-end TV spend was up 4 per cent compared to 2017
Opinion
Maximising the ROI from media technology investment
For many next generation projects, the most challenging issue by far is establishing the total return on investment (ROI), and agreeing how to monitor...
Business
Business
Sky profits up ten per cent
Sky has reported strong first quarter results, with a ten per cent increase in operating profit to £375 million, ahead of the predicted £366...
Business
Business
Netflix reports third quarter results
The company announced its third-quarter results this week, which showed an increase of 880,000 subscribers in the US, below the 1.15 million subscribers Netflix...
News
Business
Liberty Global and Volta Ventures invest in Amsterdam start-up LookLive
LookLive identifies items in TV shows and celebrity images, creating contextual shopping experiences for consumers, and advertising opportunities for brands and publisher
News
Business
Peel acquires SIS shareholding in dock10
The Peel Group has acquired SIS Limited’s 50 per cent shareholding in dock10, the media services provider based at MediaCityUK
Business
Business
NeuLion reports second quarter revenue of $22.7 million
NeuLion has reported its financial results for the second quarter ended 30 June 2015, including a revenue increase of 69 per cent to $22.7...
Business
Business
Quantum grows scale-out storage revenue despite weak market
Quantum Corp has reported its results for the fiscal first quarter 2016, ended June 30 2015
Business
Analysis
IP driving changes in broadcast industry
At NAB this year, TVBEurope conducted a survey with industry figures to gauge the state of the broadcast and media landscape, including a look...
Business
Business
Paywizard secures £3.5 million funding
The Scottish Loan Fund (SLF) has committed £3.5 million of funding in support of Paywizard, the Kirkcaldy headquartered specialist in subscriber management for pay-TV
Business
Business
Sky passes 12 million customer milestone
The company reported a five per cent increase in group revenue to £11,283 million and an 18 per cent increase in operating profit to...
Business
Business
ITV posts strong results against decline in audience share
In its interim results the broadcaster stated increased external revenue, up 11 per cent to £1.36 billion, and profit growth up 24 per cent...
News
Business
Quickplay continues global expansion reaching one billion addressable viewers
Company concludes record fiscal year as the largest global distributor of linear OTT with over 700 live channels and over 200,000 new VoD titles
Business