Major Businesses | Business
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After just over two years of operation during which time it has counted upon the pay-TV giant as a key customer, video compression firm V-Nova is now the beneficiary of a minority equity stake from Sky.

After providing similar support for the telco’s Spanish operations, video technology provider Kaltura has announced that its over-the-top (OTT) technology is seeing use in the launch of Vodafone TV in Italy.

Australia’s Network Ten is a viable prospect for new owners if investment is made into high quality local television shows, according to David Gyngell, the former boss of rival broadcaster Nine.

Among the worst fears of all firms is that a competitor arrives from out of the blue and is utterly disruptive to an existing business strategy and takes away what the company expected to gain. This is precisely what happened to Hulu with Amazon; but now the J/V OTT service seems to be turning things around.

As it ramps up considerably its TV activities, Amazon is looking to cash in on its offers and is said to be considering a US$2.8 million fee for advertising spots during the Thursday night NFL games it will stream globally to its Prime subscribers.

ITV Studios has added Swedish production company Elk to its expanding portfolio, in a deal which will see the UK company become format partner for its Swedish counterpart’s hit shows.

WME-IMG and Village Roadshow Entertainment are teaming up with Chinese media company Perfect World Pictures to launch a joint-venture film and TV production company in Beijing.

TV audience platform and data and analytics company Samba TV has secured $30 million in a Series B financing round led by Union Grove Venture Partners.