Tuesday, May 21, 2024
HomeMedia Business

Media Business

Netflix to Launch In-House Ad Platform

Amy Reinhard, Netflix’s President of Advertising, has announced the global streamer will launch an in-house advertising technology platform, by the end of 2025. The company says the new platform will give advertisers new ways to buy, new insights to leverage, and new ways to measure impact. “Bringing our ad tech...

Vale Brian Larter, CueScript Founder

It is with great sadness that CueScript has announced the passing of founder Brian Larter, age 58. One of the most popular people in the broadcast industry, Brian was loved and respected by the global community, especially for his legendary sense of humour. He was diagnosed with a rare...

Foxtel Group Releases Fiscal 2024 Third Quarter Earnings

News Corp has released its Fiscal 2024 (FY24) Third Quarter (Q3) Earnings for the period ending 31 March 2024, including subscriber highlights for the Foxtel Group and financial results for the Subscription Video Services segment. Commenting on the Foxtel Group at News Corp’s FY24 Q3 Investor Briefing, News Corp Chief...

Tipping Point for DTT Viability Identified in UK Regulator Report

UK regulator Ofcom has provided the Government with a report on what it sees as the future of TV distribution. The report was authored in response to a request from the UK Department for Culture, Media and Sport (DCMS) in 2022 for an early review of market changes that...

Quantum Expands Partnership Model to Grow Asia-Pacific Presence

Quantum Corporation, the provider of end-to-end data management solutions, has announced the expansion of its global partnership model across the key markets of South Korea, Japan, Australia, and New Zealand. Following several years of success developing this programme in other Asia-Pacific markets, such as China, India, and Singapore, Quantum...

Paramount Global Announces New Leadership Structure

The Board of Directors of Paramount Global has announced that Bob Bakish, President and CEO, is stepping down from his role as CEO and from the Board of Directors. To lead and oversee the company moving forward, Paramount Global has established an Office of the CEO, consisting of three senior...

Ignacio Alonso New CEO for AEQ

AEQ has appointed Ignacio Alonso Montull as its CEO succeeding Iván Olmeda who exits the company after five years in the position. Ignacio Alonso Montull will attend the upcoming NAB Show in Las Vegas, meeting with customers as the CEO of the Spanish AV equipment manufacturer. Ignacio Alonso has more...

Naoki Wakai Departs as StarHub Non-Executive Director

StarHub Ltd, one of Singapore's leading telecommunications companies, has announced the stepping down of Mr. Naoki "Nick" Wakai as a Non-Executive Director, effective April 25, 2024. Appointed on August 30, 2017, Mr. Wakai's decision not to seek re-election at the upcoming Annual General Meeting has been cited as the primary...

Shareholders Vote to Elect Disney’s Full Slate of 12 Directors

The Walt Disney Company (NYSE: DIS) has announced that, based on the tabulation of its proxy solicitor, it appears that Disney’s full slate of 12 directors has been elected by a substantial margin over the nominees of Trian and Blackwells at Disney’s 2024 Annual Meeting of Shareholders today. Final...

Avid Appoints Wellford Dillard as New CEO

Avid, a leading technology provider to the Media & Entertainment industry, has announced that it has appointed Wellford Dillard as the organisation’s next Chief Executive Officer (CEO). Wellford succeeds Jeff Rosica, who is staying with the company in an advisory capacity to ensure a smooth and successful transition. Wellford joins...

Yasmine Riechers Takes Over as CEO of Georg Neumann GmbH

Yasmine Riechers is to become the new CEO of Georg Neumann GmbH, a subsidiary of the Sennheiser Group. In her new position, she takes over from Ralf Oehl and will be responsible for further expanding Georg Neumann's global business and driving forward the company's strategic direction. Yasmine Riechers was...

Andrew Tiffen Named President and COO of The Tiffen Company

Andrew Tiffen has been named President and COO of The Tiffen Company. The appointment marks 86 years and three generations of family ownership of the renowned firm specialising in the development and manufacture of essential equipment for motion pictures, still photography, and broadcasting. Andrew is preceded by his father...

Grass Valley Completes US$220 Million Strategic Refinancing

Grass Valley, the provider of live production solutions, and a portfolio company of growth-driven private equity firm Black Dragon Capital, has announced the successful completion of a USD$220 million strategic refinancing led by certain investment funds managed by Morgan Stanley Private Credit. The strategic refinancing will both strengthen the...

ASTRO Reports Q4FY24 Profit of $US$9.3 Million

Astro Malaysia Holdings Berhad (AMH) has reported result highlights for the fourth quarter of the financial year ended 31 January 2024 (Q4FY24). Highlights include: PATAMI + >100% q-o-q to RM44mn Adex +11% q-o-q to RM110mn Broadband base +21% y-o-y ARPU increased by RM1.50 y-o-y to RM99.70 Amid ongoing macroeconomic headwinds and...

Women in Media Launches Annual Survey

Women in Media has launched its annual survey to better understand and represent the views of women working in the sector. The survey is run by the 6,400-member organisation for women working in all facets of Australian media and aims to improve diversity, equality, and inclusion for all women in...

Cineverse Taps Radar MCN for Audiences Growth

Radar MCN, the digital agency of renowned Australian producer WTFN, has announced a new partnership with American streaming and distribution giant Cineverse, which will see it manage the YouTube and Facebook channels of two iconic TV brands. Radar has created the only official Dog Whisperer channel, exclusively featuring full episodes,...

SeaChange to be Acquired by Partner One

SeaChange International, Inc., a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, has entered into an asset purchase agreement under which an affiliate of Partner One, one of the fastest-growing software conglomerates in the world, will acquire substantially all of...

Former Sony Corp, Facebook Execs Join OpenAI Board of Directors

As part of an expansion roadmap, OpenAI has announced three new members to its Board of Directors: Dr. Sue Desmond-Hellmann, former CEO of the Bill and Melinda Gates Foundation, Nicole Seligman, former EVP and General Counsel at Sony Corporation and Fidji Simo, CEO and Chair of Instacart. Additionally, Sam...

Disney’s Bob Iger Addresses Morgan Stanley Conference

Disney Chief Executive Officer Bob Iger participated in a question-and-answer session at the recent Morgan Stanley Technology, Media and Telecom Conference where he highlighted that the significant adjustments the company underwent following his return as CEO has set the stage for Disney to enter a new era of building...

Nikon to Acquire RED.com Camera Company

Nikon Corporation (Nikon) has announced its entry into an agreement to acquire 100% of the outstanding membership interests of RED.com, LLC (RED) whereby RED will become a wholly-owned subsidiary of Nikon, pursuant to a Membership Interest Purchase Agreement with Mr. James Jannard, its founder, and Mr. Jarred Land, its...
Stay Connected
1,470FansLike
1,523FollowersFollow
120SubscribersSubscribe
Latest Articles