Media Business

Norway-headquartered FONN Group has acquired Qbics Media GMBH in a move to strengthen its position in the German-speaking DACH region. The FONN Group invests in companies that deliver innovative production and journalistic tools for the media and entertainment industry. Its portfolio includes software companies Mjoll, 7Mountains, and everviz, cloud workflows...

The Association for International Broadcasting (AIB), an organisation representing broadcasters worldwide, is pleased to announce the launch of its ground-breaking Working Group dedicated to addressing the challenges and opportunities presented by artificial intelligence (AI) in TV and radio newsrooms across the globe. The AIB has long been at the forefront...

Shutterstock, Inc. (NYSE: SSTK), a global creative platform for transformative brands, and digital media and marketing companies, today announced a global partnership with AI for Good to support the development of ethical AI models, tools, products and solutions. AI for Good is organised by the International Telecommunication Union (ITU),...

The International Telecommunication Union (ITU) recently issued a worldwide appeal calling to increase the value of pledges for digitalising the world from the current USD 30 billion to USD 100 billion by 2026. The appeal by the United Nations specialised agency for information and communication technologies includes a focus on...

Scope3 recently unveiled Climate Shield, an industry-first solution providing advertisers with a turnkey way to reduce the carbon footprint of digital advertising by automatically blocking high emissions ad inventory considered ‘climate risk’. This always-on approach to decarbonisation will drive systemic reduction of carbon emissions from advertising and create a...

The International Broadcaster Coalition Against Piracy (IBCAP) recently announced that it has expanded its anti-piracy coverage to include Europe and the Middle East with the addition of Times Internet Limited, India's largest digital network and owner of Cricbuzz. Cricbuzz has become the official digital streaming partner for the Indian Premier...

Read the 2023 Broadcast Transformation Report from Haivision yet. It’s packed full of insights from a survey of over 700 broadcast professionals about: The biggest challenges faced by broadcast professionals. Key video technology trends for the future. The most widely used streaming codecs and transport protocols. Read the entire report here. Visit https://www.haivision.com

Warner Bros. Discovery (Nasdaq: WBD) has announced its dedicated Client Partnerships and Inclusive Solutions Team at its annual Upfront presentation to advertisers at The Theater at Madison Square Garden, showcasing its extensive portfolio of premium entertainment, sports, news and lifestyle brands. The advertising offering, which has been available in...

The creator economy has seen impressive growth over the past years, with the entire market reaching $104.2bn value in 2022. The surging number of bloggers, social media influencers, podcasters, TikTokers, and YouTubers has been followed by the rise of content creator companies, helping them grow and monetise their audience. According...

Earlier this year, Microsoft Corp. introduced Microsoft 365 Copilot, which will bring powerful new generative AI capabilities to apps millions of people use every day like Microsoft Word, Excel, PowerPoint, Outlook, Microsoft Teams and more. The company has now announced it is expanding access to the Microsoft 365 Copilot...

Tencent Cloud – the cloud business of global technology company Tencent, recently announced that Tencent Cloud Media Services' solutions has ranked first in market share for five consecutive years, according to the ‘IDC China Semiannual Video Cloud Tracker, 2022H2’. This achievement marks its ‘Five-Year Championship’ since IDC began releasing...

IBC is delighted to announce that entries for the IBC Innovation Awards and Social Impact Awards are now open. The call for entries will close on the 2nd of June 2023. All parts of the industry are invited to suggest nominations for projects and programmes. All entries are free. Innovation Awards Unique...

Industry body Free TV has welcomed the Australian Communications & Media Authority's release of 2021 Australian content quota compliance and FY22 content expenditure data, it says which shows "the massive commitment of commercial television broadcasters to great Australian content". Key points from ACMA’s content expenditure and Australian content quota compliance...

Warner Bros. Discovery U.S Ad Sales has announced new partnerships with 605, ABCS Insights, DISQO, EDO, LoopMe and Pilotly to further demonstrate greater attribution and efficacy of advertising campaigns across its linear, digital and advanced audiences. These leading providers will work with Warner Bros. Discovery to prove campaign effectiveness across...

Bright Labs, a fast-growing independent, digital agency headquartered in Melbourne, has announced its acquisition of Redline Digital Media, strengthening its position as a genuinely full-service digital services provider. Bright Labs founder Rishad Sukhia acquired Redline Digital Media for an undisclosed sum. The deal was finalised in March 2023, enabling Bright...

Global, a turnkey provider of customised network, broadcast and digital signage systems and services worldwide, has announced it has expanded its Melbourne campus with a fourth building. With the new space, which opened on March the 1st, the company has effectively tripled its square footage in Melbourne in the...

IMAX Corporation (NYSE: IMAX) rocketed to a $25 Million debut for Disney/Marvel's Guardians of the Galaxy Vol. 3 at the global box office recently – the company's biggest global opening thus far in 2023. Led by a $10.7 million draw in North America, the film also delivered the highest...

IMAX Corporation (NYSE: IMAX) recently announced the Company grossed $7.8 million over the 6-day May Day holiday in China – the second highest grossing May Day period ever for IMAX China. Driven by the strong performance of Alibaba's Born to Fly, IMAX accounted for 16 out of the top...

Marking World Press Freedom Day, Radio Free Asia (RFA) President Bay Fang reiterated the vulnerability of front-line journalists and the shared duty to protect them amid a global rise in attacks on independent media. This year’s theme of freedom of expression as a driver of all rights speaks to...

MuxIP, a provider of automated solutions for ad-supported streaming, today announced the appointment of David Flack as managing director for European operations. Flack, based in London, will help develop engagements with producers and broadcasters across Europe and the UK for FASTHub, MuxIP’s cloud-based software as a service (SaaS) solution...