Netflix Q2 2023

Netflix revenue jumps 2.7% despite adding 5.9 mn streaming customers

Streaming giant Netflix said second-quarter revenue rose 2.7 percent to $8.2 billion despite adding 5.9 million new streaming customers between April and June. This growth...
Kantara - A Legend

India’s media and entertainment industry to reach $74 bn: PwC

India’s entertainment and media industry is expected to reach a staggering Rs 6,828,944 crore ($73.6 billion) by 2027. This remarkable growth is attributed to the...
streaming platforms

India wants Netflix, Disney, and Amazon to face content-review

The Indian government’s proposal to independently review content on streaming platforms such as Netflix, Disney, and Amazon Prime Video for obscenity and violence has...
Video streaming vs traditional pay TV subscriber base

Video on demand users overtake pay TV subscribers: GlobalData

The number of subscription video on demand (SVoD) users has reached 1.5 billion as compared with 1.4 billion pay TV subscribers in 2022, according...
Eutelsat business

Du taps Eutelsat for DTH satellite services

Eutelsat Communications announced its partnership with Du, Emirates Integrated Telecommunications Company (EITC), to upgrade its Direct-to-Home satellite services across the Middle East and North...
Smart TV channels

FCC wants satellite and cable TV operators to disclose pricing details

The U.S. Federal Communications Commission (FCC) has proposed a rule mandating cable TV and satellite TV operators to disclose the pricing details of their...
Netflix movies

Netflix to invest $2.5 bn in South Korea to make TV shows, movies

Netflix said it plans to invest $2.5 billion in South Korea over the next four years to produce Korean TV series, movies and unscripted...
Jeff Shell and Hadley Gamble

Comcast’s NBCU fires CEO Jeff Shell for sexual relationship with Hadley Gamble

Comcast revealed that media giant NBCUniversal has fired Chief Executive Officer Jeff Shell for sexual harassment after an investigation found evidence that corroborated a...
Walt Disney

Walt Disney starts second wave of layoffs, cutting several 1,000s of jobs

Walt Disney will initiate a second phase of job cuts on Monday, which will result in thousands of layoffs as part of its cost-cutting...
Channel market revenue

Free ad-supported streaming TV channels to generate revenues of $6.3 bn: Omdia

Free ad-supported streaming TV (FAST) channels will generate revenues of $6.3 billion in 2023, says the latest Omdia report. The United States is the largest...
Eutelsat HQ

Eutelsat wins new contract from StarGroup for DTH

StarGroup, a leading telecoms and entertainment service provider in Mexico, has selected Eutelsat Communications for StarTV, its Direct-to-Home (DTH) pay-TV service. Years back, StarTV in...
ViaSat 2022 revenue

Viasat revenue grows 4% to $651 mn in Dec quarter

Viasat said revenue for Q3 FY2023 increased 4 percent to $651 million. Net loss of $42 million for Q3 FY2023 increased by $36 million compared...
Intelsat satellite business

Gaurav Kharod to head Intelsat Asia Pacific

Intelsat announced the appointment of Gaurav Kharod as the regional vice president for its Asia Pacific (APAC) region. Gaurav Kharod comes from Intelsat’s India office,...

SES raises €300 mn loan from European Investment Bank

SES and the European Investment Bank (EIB), the financing institution of the European Union, have revealed details of their €300 million financing agreement. The seven-year term...
ST Engineering iDirect

ST Engineering iDirect appoints Don Claussen as CEO

ST Engineering iDirect, a satellite communications company, announced the appointment of Don Claussen as its new CEO. Don Claussen will lead the company in expanding...
Airtel Wynk music lovers

Roku streaming platform has 70 mn active accounts

Roku announced that the number of global active accounts now exceeds 70 million against 60.1 million in Q4 2021. Streaming hours were 23.9 billion in...



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