News – Page 7
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BBC sets out plans for incorporating GenAI
The BBC has outlined its plans for working with Generative AI (GenAI) through a series of pilots designed to explore the benefits of using the technology in three key areas.
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Young digital innovators called upon for the RTS 2024 bursary schemes
The British forum for television and media, the Royal Television Society (RTS), has launched its renowned bursary schemes for 2024, aiming to increase inclusivity and reflect diverse voices of Britain for young people wishing to pursue a career in the screen industries. The initiative aims to demonstrate to scholars that ...
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Pitches unveiled for Kickstart Day 2024: projects to address biggest challenges in M&E
Project pitches on the most progressive challenges in 2024 across the M&E industry have been revealed for the IBC Accelerators Kickstart Day as 12 shortlisted projects have been announced.
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Cinelab appoints Steve Milne as Vice-Chairman
Cinelab Film & Digital has appointed former Molinare CEO Steve Milne as Vice-Chairman.
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Warner Bros Discovery posts 4% revenue fall in 2023
Full-year revenues at US studio Warner Bros Discovery declined by 4% to $41.3bn in 2023.
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US streaming revenue to overtake pay TV in 2024
Total revenues from streaming will overtake revenues from pay TV subscriptions in the US market for the first time in the third quarter of 2024, according to research from Ampere Analysis.
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Canal+ increases stake in Asian streamer Viu to 30%
France’s Canal+ Group has increased its stake in Asian streaming platform Viu to 30%.
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Germany’s ProSiebenSat.1 and RTL Deutschland join forces in advertising technology
Leading German media groups ProSiebenSat.1 (P7S1) and RTL Deutschland are joining forces in advertising technology (adtech).
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Reef founder Richard Farmbrough launches Somersault Studio with Owen Rodd
Former Reef Television CEO Richard Farmbrough has joined forces with Executive Producer Owen Rodd to create Somersault Studio, a new indie with bases in London and Cardiff.
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Fremantle to acquire Asacha Media Group
Fremantle has entered a conditional purchase agreement to acquire global production studio Asacha Media Group and its portfolio of labels based in France, Italy and the United Kingdom.
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EMG / Gravity Media unveils executive leadership team
Broadcast technology and production specialist EMG / Gravity Media has announced its key executive leadership team positions following last month’s news of the group’s merger.
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BT Tower sold to MCR Hotels
MCR Hotels has secured the purchase of BT Tower for £275m. MCR plans to transform the iconic building into a hotel.
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Netflix predicted to lose Arabic streaming leadership to Shahid VIP
Netflix is predicted to lose its SVOD market leadership in Arabic countries in the next five years, according to a report by Digital TV Research.
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Cinesite launches visualisation division
Cinesite has launched a new visualisation division which will expand its previs, virtual production, techvis and postvis services, and will align with its concept and pipeline departments.
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RedBird IMI to acquire All3Media for £1.15bn
Investment group RedBird IMI has agreed to acquire production and distribution group All3Media from its joint owners, Warner Bros. Discovery and Liberty Global, for £1.15bn.
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Oppenheimer leads BAFTA winners
Oppenheimer was the biggest winner at this year’s BAFTAs, winning seven prizes including best film and best director for Christopher Nolan.
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Lise Heidal appointed President of NEP Broadcast Services Europe
NEP Group has appointed industry veteran Lise Heidal as President of NEP Broadcast Services Europe.
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Spain’s RTVE launches streaming service across Europe
Spanish public broadcaster RTVE has launched its international streaming service rtveplay+ in Europe.
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Paramount Global lays off around 800 staff
Paramount Global is laying off 800 staff, or about 3% of its workforce, according to multiple media reports.
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IMG appoints James Clement as SVP Tech & Operations for studios business
Sport, events and representation business IMG has appointed James Clement as Senior Vice President, Tech & Operations for its studios business.