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Snap partners with Time Warner to lift mobile advertising shareJune 21, 2017Snap has signed an estimated $100 million deal with Hollywood studio Time Warner. Time Warner will create up to 10 original shows a year for Snapchat in a range of genres including scripted dramas, comedies and documentaries. These shows will run three to five minutes in a mobile-friendly vertical format. Currently there is one new show airing per day and Time Warner expects to increase this to three shows per day by the end of this year. As part of the deal, Time Warner will also commit to investing in ads from Time Warner properties like HBO, Turner and Warner Bros. on Snapchat over the next two years. Ad revenue will be split evenly between the two partners.Subscribers Only
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MTG builds its game business with Kongregate acquisitionJune 20, 2017Modern Times Group (MTG), the Sweden-based broadcaster, has continued its expansion in the games sector with the acquisition of San Francisco-based web gaming platform Kongregate from GameStop Corp for an enterprise value of $55 million. MTG will fully own the games publisher and developer.
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Snapchat launches small business-friendly ad featuresJune 19, 2017Snap Inc. continues to push into Facebook’s territory by making ads easier to buy and more simple to create for small businesses, a section of advertisers that Facebook has recently dominated. By making its ad offering more attractive to small businesses, Snap is complementing its direct-response offering to this group of advertisers, who have fewer budgets for brand marketing and seek an immediate response from their audience.
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E3 2017: Nintendo Delves Deep into IP Portfolio to Drive Switch AdoptionJune 16, 2017Analysis and comments on Nintendo E3 press event.
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Sky buys Champions League rights in Italy and Germany from 2018June 15, 2017Sky has secured the rights to broadcast all the Champions League games for three seasons starting in 2018 in Italy, Germany and Austria.Subscribers Only
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E3 2017: Sony Leans on PSVR to Drive Exclusive Content MessageJune 13, 2017Comments and analysis on Sony's E3 2017 press event.
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Lega Calcio to rethink allocation of Serie A TV rightsJune 12, 2017The Italian football league has scrapped its auction for TV rights to Serie A after failing to attract bids for all of the packages by yesterday's deadline. Mediaset, one of the two current rights holders, failed to submit a bid.Subscribers Only
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E3 2017: Microsoft Delivers Convincing Reasons to Buy into Xbox One PlatformJune 11, 2017Comments and analysis on Microsoft's E3 2017 press event.
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New Regional and Global Exhibitor Rankings are Now Available in Cinema IntelligenceJune 05, 2017IHS Markit has updated its exhibitor information for all territories, as well as the regional and global exhibitor rankings (by screen count) to the latest date in Cinema Intelligence.Subscribers Only
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Broadcast Asia 2017 – AI and personalisation in future of video industryJune 02, 2017Broadcast Asia 2017, held in Singapore from 23-25 May 2017, gathered industry experts to share insights on strategies and solutions for businesses to cater to the changing ways of media consumption. CommunicAsia, and EnterpriseIT were the two other events that were held by the same organiser on the same dates. Together, three exhibitions span 65,000 square metres across Marina Bay Sands and Suntec Singapore, hosting 1,800 exhibitors from 62 countries.
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Lega Calcio aims for wider pool of bidders with new Serie A rights tenderMay 30, 2017Italy's Lega Calcio Serie A has restructured its packaging of rights for the next TV contract with the aim of attracting bids from telcos and online platforms. As before, the packages, running from the start of the 2018/19 season for three years, include satellite and digital terrestrial (DTT) rights similar to those currently held by incumbents Sky and Mediaset, but these packages do not include online, IPTV or mobile rights.
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BBC Store (Digital Retail) to close in NovemberMay 26, 2017BBC will close its digital retail store on the 1st of November 2017 (launched November 2015, covered by IHS here), citing growing demand for subscription services and demand for the retail store not being as strong as BBC had hoped for. Customers will be issued with a refund to their purchases, or Amazon vouchers with a slight markup, to repurchase their content. The BBC has commented that they are committed to helping consumers to find content via other services and platforms.
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First international launch of Amazon Channels in UK and GermanyMay 22, 2017Amazon has launched Amazon Channels, an offering of subscription channels and apps available to Amazon Prime customers, in the UK and Germany. Today's launch is the first time the service has been made available outside the US.
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Media Prima gears up digital offering to boost revenue via digital advertisingMay 22, 2017Malaysian leading media owner Media Prima has acquired Rev Asia for MYR 105 million (US$ 24 million). The acquisition will give Media Prima ownership of web portals such as OHBULAN!, SAYS, Viral Cham, Rojaklah, JUICE, 8Share, MyResipi, KongsiResipi.com and SirapLimau.Subscribers Only
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Netflix commissions Australian original seriesMay 22, 2017Netflix has commissioned Tidelands, a primetime drama series, as its latest investment in local Australian content. Tidelands will debut exclusively on Netflix and premiere worldwide. The first season will have 10 episodes that run for 50 minutes each. Production will start in Queensland, Australia during 2018 by Brisbane-based Hoodlum Entertainment. There is no release date for the new series.Subscribers Only
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Sky expands presence in Switzerland with acquisition of online-video service HollyStarMay 18, 2017Sky Deutschland, the German arm of pan-European pay TV operator Sky, has acquired Swiss online-video provider Homedia, which operates under the HollyStar brand. The value of the deal was not disclosed.Subscribers Only
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Further consolidation in Spanish cable as Euskaltel swoops for TelecableMay 17, 2017Basque cable operator Euskaltel has announced it is to acquire Telecable, a cable operator based in the Asturias region in the north of Spain, for a total value of up to €701 million. The cable operator is currently owned by UK investment group Zegona, which is headed by two former Virgin Media executives. The deal will be financed by a cash payment of €186.5 million to Zegona, as well as a 15% stake in Euskaltel. Regulatory approval for the deal is expected in Q3 2017.
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Demonetisation continues to slow TV revenue growth in IndiaMay 15, 2017Indian media and entertainment group Zee Entertainment Enterprises Ltd reported strong financial results for the latest financial year, overcoming rising competition and the withdrawal of higher-denomination banknotes. The company’s TV revenue grew 8.1% to 7.94 billion rupees ($123.8 million) in the year to 31 March. Advertising revenue was up 9.2% to 3.67 billion rupees ($57.2 million), and subscription revenue was up 10% to 2.26 billion rupees ($35.2 million).Subscribers Only
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Enhance, engage and expand: AMC takes its strategy to European and US' sub-urban cinemasMay 15, 2017Wanda's subsidiary AMC, the largest cinema operator in the world by screen count, published record earnings in its first quarterly returns since the completion of the acquisitions of Odeon & UCI in Europe and Carmike.
