News – Page 10
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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.
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Eight-hour day is possible in film and TV production – report
Flexible working experts Timewise and union Bectu Vision have released an in-depth feasibility study that assesses the financial implications of a shorter working day for scripted drama production.
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BBC announces plans for new digital radio stations
The BBC has announced plans for digital station extensions of BBC Radio 1, BBC Radio 2 and BBC Radio 3.
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Africa to add nine million SVOD subscriptions
Sub-Saharan Africa will have 16 million paying SVOD subscriptions by 2029, up from seven million at the end of 2023, according to research by Digital TV Research.
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Canal+ increases stake in Nordic streamer Viaplay
French pay TV operator Canal+ increased its stake in Nordic streamer Viaplay to 29.33%.
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Fremantle takes majority stake in Singapore-based Beach House Pictures
Fremantle has acquired a majority stake investment in one of Asia’s largest independent TV and film production companies, Beach House Pictures, the outfit behind Netflix series Mind Your Manners.
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ESL FACEIT Group launches streaming platform for esports fans
Esports organiser ESL FACEIT Group (EFG) has launched a new esports streaming platform designed to offer a unique streaming experience tailored to the user.
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Sky promotes Cécile Frot-Coutaz to lead studios and content teams
Sky is bringing together all of its non-sports content teams in the UK and Ireland under one leadership structure, led by Cécile Frot-Coutaz.
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BBC Studios Productions’ CEO Ralph Lee announces departure
BBC Studios Productions CEO Ralph Lee is leaving the BBC’s commercial arm in April after almost six years with the business to pursue a new challenge outside the organisation.
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Disney invests $1.5bn in Epic Games
The Walt Disney Company is investing $1.5 billion to acquire an equity stake in Epic Games.
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FOX, Warner Bros. Discovery and ESPN launch sports streaming giant
FOX, Warner Bros. Discovery and ESPN, a subsidiary of The Walt Disney Company, will launch a new sports streaming joint venture (JV) this autumn, combining the companies’ portfolios of sports networks, certain direct-to-consumer (DTC) sports services and sports rights.