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The growing appeal of ultra-high speed fibre-based broadband access offers and a business model based on recurring revenues which now represent more than 90% of activity have added up to a strong 2020 for the Netgem Group.
In an update regarding its 2020 business performance, digital security and media content protection firm Kudelski Group is cheering better-than-expected resilience of its business segments.
In what it said was an incredibly difficult year with great uncertainty, SVOD leader Netflix has reported a hugely successful 2020 calendar year with the 8.51 million paid net additions in the fourth quarter, significantly more than expected, taking the yearly total to 203.66 million global paid memberships.
After a 2020 that saw the streaming channel grow its business aggressively, marking up record ad-based streaming increases, a fourth quarter ad-surge, and a major influx of premium content, Cinedigm Networks has acquired global independent film subscription streaming service Fandor.
Aiming to further their longstanding partnership and develop synergies, Canal+ Group company THEMA has integrated Amsterdam-based independent content company IBSBM into its corporate entity.
Driving its current expansion plans, UK-based post-production and content-servicing company Virtual Post has announced the appointment of Yives Reed to the newly created post of commercial director.
Furthering its stated ambition to expand its business into online sports wagering, sports-first live TV streaming platform fuboTV has executed a binding letter of intent to acquire sports betting and interactive gaming company Vigtory.
As it ramps upgrowth over 2021, leading global on-demand streaming sports service DAZN has named Shay Segev and James Rushton as co-chief executive officers.