Hong Kong, January 3, 2014--Rupert Murdoch's 21st Century Fox has sold its 47% stake in Star China TV to China Media Capital (CMC). The joint venture, which was formed in 2010, operates three 24-hour Mandarin channels: Xing Kong, Xing Kong International, Channel [V] Mainland China and the Fortune Star Chinese movie library. The JV was formed in 2010 and is majority-owned by CMC.
London, UK, January 3, 2014--Inmarsat today confirmed that it had completed regulatory and other approvals in relation to its US$ 45 million purchase of Globe Wireless, the Florida-basedprovider of value-added maritime communications services to the shipping market. As a consequence, Inmarsat has now completed its acquisition of Globe Wireless.
London, UK, Dec. 24, 2013-- Reportbuyer.com just published a new market research report entitled "Online TV & Video Forecasts" which predicts global online TV and video revenues (over fixed broadband networks) will reach US in 2018, a massive increase from the US$ 3.98 billion recorded in 2010 and the $15.94 billion expected in 2013, according to the Online TV and Video Forecasts report from Digital TV Research.
Boston, Massachusetts- December 20, 2013- Global IPTV subscriptions are expected to reach 102 million in 2018, with the fastest growth coming from Latin America and Africa and the Middle East, according to the newest report in the Research in Focus: IPTV series.
London, UK,December 19, 2013 – Astrium and Inmarsat have reached a strategic distribution partnership agreement which will see Global Xpress services made available to Astrium Services’s large partner and customer base. Astrium Services will deliver Global Xpress high-speed broadband services through its worldwide distribution channels. The strategic agreement will cover key vertical markets, including the maritime as well as the government and defence sector, initially in Europe.
London, UK, December 18, 2013 – Inmarsat today announces the acquisition of the business and substantially all of the assets of Globe Wireless LLC Headquartered in Palm Bay, Florida, Globe Wireless is a provider of value-added maritime communications services to the shipping market.
Pittsburgh, PA, December 17, 2013--NEP Group Inc. announced today that it has entered into a definitive agreement to acquire Global Television from Catalyst Investment Managers. Financial terms were not disclosed. The transaction brings together US-based NEP and Australia’s Global Television, uniting two of the world’s most experienced and successful television technical services companies.
London, UK – December 17, 2013 – NSR's Broadband Satellite Markets 12th Edition report, released today, forecasts the entire broadband satellite market’s installed base of VSAT sites, broadband access subscribers, trunking and backhaul sites will increase by just over 5 million by 2022 and generate US$9.9 billion in revenues. Fully 87% of this growth will come from new subscribers to satellite broadband access services with the North American, Western European and Latin American markets leading the way.
Tel Aviv, Israel, December 13, 2013--Israel-based satellite operator Spacecom issued a formal notice to the Tel Aviv Stock Exchange that it was open to offers for a sale – or merger – of its company. Spacecom operates the Amos fleet of satellites which covers Europe, Africa, the Middle East and Asia.
El Segundo, Calif., Dec. 9, 2013—In a sign of how profoundly Internet-based media is revolutionizing the way consumers access video entertainment content, more than 1.7 billion devices capable of accessing over-the-top (OTT) broadband content like Netflix and Hulu are set to ship by the end of 2013. Shipments of OTT-capable devices will rise 20 percent this year from 1.43 billion units in 2012, according to a new Consumer Electronics Topical Reportf rom IHS Inc.