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Management buy-out triggers ionoco company restructure

Major Businesses Editor 25-11-2020
Aiming shifts its focus to a partnership model and virtual production, UK and US-headquartered broadcast creative technology agency ionoco Holdings Limited has undergone a management buy-out under which CEO Simon Ingram will take a majority share.
ionoco 12Oct2020

Netflix UK set to spend £750MN on TV, film content by end of 2020

Media Investment Editor 25-11-2020
Picking up the substantial gauntlet thrown down by arch rival Disney which has ramped up original content production in the country, Netflix is on track to have increased its UK TV and film production budget by 50% by the end of 2020 to $1bn, £750 million.
The Crown 25 Nov 2020

Comcast to extend 1.2TB data cap across remaining US service areas

Infrastructure Faye Sutton 25-11-2020

Comcast is to roll out a 1.2TB data cap across its Xfinity subscribers in the north east US, saying that 95% of its customers never use more than 1.2TB in a month.

Bertelsmann swoops for Simon & Schuster in $2.2BN deal

Major Businesses Editor 25-11-2020
As part of the strategic review of non-core assets that the media giant began early in 2020, ViacomCBS has entered into a definitive agreement to sell its Simon & Schuster publishing business to wholly-owned Bertelsmann subsidiary of Penguin Random House in a cash deal valued at $2.175 billion.
RandoM house Simon Shuster

DAZN kicks off Premier league football at Spanish commercial premises

IPTV Joseph O'Halloran 25-11-2020
Continuing its strategy of extending the reach of top-class football across the globe, and marking the first time it has taken its sports viewing experience to the out of home environment, DAZN has signed an agreement with Orange Spain to show English Premier League football in bars, cafes and restaurants in the country.
DAZN Fútbol ORANGE 25Nov2020

Smart home entertainment devices to almost double in growth

Media Analysis Faye Sutton 25-11-2020

There will be almost 13.5 billion smart home devices in active use by 2025, compared with an expected 7.4 billion at year end 2020, according to a new report from Juniper Research.

ViacomCBS International Studio, Morena Films strike co-development deal

Deals Editor 25-11-2020
As part of its stated mission to have a production facility to generate compelling stories and create content that can be watched via multiple platforms, ViacomCBS International Studios (VIS) has announced a co-development deal with production company Morena Films for dramedy TV series The Kellys.
Héctor Lozano 25Nov2020

NetRange moves browser to the cloud for low-cost smart TVs

4K/UltraHD Faye Sutton 25-11-2020

Turnkey smart TV and OTT ecosystems provider NetRange has launched VISNOS (Virtual smart TV NetRange OS), a cloud-powered platform aimed at cutting CE device manufacturers’ smart TV costs and enable existing low-powered TVs to receive smart TV services.

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