Roku has delivered a set of solid results in the first quarter, growing its number of streaming households by 14% year-on-year.
Telia begins TV and Media turnaround
Telia saw its revenue decrease by 2% in the first quarter, but the Swedish telco can take heart from an improvement in its TV & Media business.
About turn as MultiChoice chair steps down after all
MultiChoice has reversed an earlier plan for chairman Imtiaz Patel to remain in place while the proposed buyout by Canal+ is completed.
Super RTL wants to take over Nickelodeon in Germany
German family channel Super RTL wants to take over children’s channel Nickelodeon in Germany and rebrand it into its children’s brand Toggo.
Aferian plans $3m Amino restructuring
Amino is facing a further restructuring after a deterioration in the business.
Macquarie considers sale of Hull’s KCOM
Australian investment bank Macquarie has appointed advisers at PJT Partners to run a strategic review of KCOM.
Sony in discussions to join Apollo’s Paramount bid
Sony Pictures Entertainment is in talks to join Apollo Global Management as part of its bid for Paramount Global.
Netflix will no longer report quarterly subscriber numbers
As Netflix subscriptions receive a boost from accounts that were previously shared, the streamer has confirmed plans to cease the reporting of exactly how many subscribers it has.
Canal buys 3.7 million more shares in MultiChoice
Canal Plus Group has said it has purchased an additional 3.7 million shares in MultiChoice to take its holding in the South African broadcaster to 40.83%.
WISI initiates insolvency under self-administration
German communications technology provider WISI Communications has initiated insolvency proceedings for restructuring under self-administration.