Major Businesses | Business
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South Korean media giant CJ ENM has acquired Sweden-based distributor Eccho Rights, as part of a move to strengthen its format and content sales business internationally.

Basque Country telco Euskaltel Group has expanded within its domestic arena and into the Catalonia region for the first time as part of a partnership with Catalan insurance and service provider RACC.

Reflecting its ambition to grow both sides of its content business, global distributor Fremantle has announced the promotions of Angela Neillis to senior vice president, non-scripted content, and Rebecca Dundon to vice president of scripted content.
fremantle 16 oct.2018
As part of the Digital Single Market project, the European Commission, the European Parliament and the Council have reached agreement on copyright legislation for online and broadcast TV with nation states.

According to an SEC filing, Verizon will write down up to $6.7 billion as a result of the costs of a voluntary redundancy program as well as the floundering of its Oath digital media business.

Jeffrey Katzenberg plans to spend roughly $496.5 million to buy programming for his mobile video service prior to its launch in late 2019.

Days after TV it expanded its mobile video operations in Asia, channels and services provider Cinedigm has announced plans to increase its reach even more by agreeing to acquire global OTT VOD service Viewster and its subsidiary platform Viewster Anime.

Pebble Beach Systems has appointed Andy Giles as sales manager for Europe, Israel and South Africa.