The hedge fund Third Point has revealed that it has invested up to $1 billion in The Walt Disney Company.
Amagi announces over 100% revenue growth
Cloud-based Connected TV firm Amagi has grown revenues by 100% in the last quarter.
Component crisis hits Teleste
Teleste says it’s facing a “component crisis” as the Finnish broadband tech firm struggles to meet order times.
4.5m paying for RTL streaming services
The number of paid subscribers to RTL’s streaming services in Germany and the Netherlands has increased by 48%.
Sustainability commitment secures Hispasat €250m credit line
Hispasat has renewed and expanded a line of credit after the Spanish satellite operator agreed to incorporate sustainability criteria for the first time.
Kaltura receives “unsolicited proposal” from Panopto
Seattle-based enterprise video provider Panopto is bidding to acquire its New York-based competitor Kaltura.
South Africa joins drive to regulate streaming services
The African National Congress (ANC) has proposed a new framework that would reign back streaming services such as Netflix and Disney+.
£4.5bn plan to expand Virgin Media O2 fibre footprint to 80% of UK
Liberty Global and Telefónica have announced the creation of a new fibre joint venture with the investment firm.
Sky revenues decline amid falling subscribers
Revenues at Comcast’s European unit Sky fell by 13.8% to $4.5 billion in the second quarter after lower revenues across direct-to-consumer, content and advertising.
EC opens in-depth investigation into Orange’s VOO- Brutélé acquisition
The European Commission has opened an in-depth investigation into the proposed acquisition of Belgian cablenet’s VOO and Brutélé by Orange.