WarnerMedia is closing down FilmStruck, its OTT streaming service dedicated to older, foreign, independent, and art house-style films from Turner’s Classic Movies and The Criterion Collection.
SES Group profit dips 23%
Trading conditions in international markets continue to be challenging for SES’s video business. Recently launched customer platforms are struggling to build traction, while competition to established platforms remains intense.
MultiChoice Group names new executive leadership team
Naspers has announced the executive leadership team for the newly formed MultiChoice Grou, (formerly Naspers’ Video Entertainment business.
Report: CommScope in talks to buy Arris
Telecommunications manufacturer CommScope Holding Co Inc is holding talks with set-top maker Arris with a view to a possible takeover.
Apple plans to launch global TV subscription service
Apple is planning to launch a TV subscription service in the first half of 2019, according to news website The Information.
Deutsche Telekom makes major OTT move [UPDATE]
German telco Deutsche Telekom will launch the OTT version of its IPTV platform Entertain TV on October 24, 2018, and, at the same time, rebrand its TV offer into MagentaTV.
Canal Digital Kabel merges with Telenor Norway
Canal Digital Kabel is to be integrated into Telenor Norway. Customer relationships will be transferred to the Telenor brand.
Netflix takes on $2bn debt to expand content offer
Netflix is increasing its cash spend with the issue of two new sets of notes totally $2 billion.
Netflix adds 400,000 subscribers in Germany in Q3 2018
Netflix and Amazon Prime dominate the German SVOD market in terms of subscriber numbers and recorded strong growth in the third quarter of 2018.
Orion makes OTT gains
The OTT services offered by the Russian DTH platform operator Orion are gaining in popularity.