trending Market Intelligence /marketintelligence/en/news-insights/trending/4qVFb9t10eXRz3GF6KtCAw2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

CNN to scale back London office; Pluto TV launches on Amazon Fire

Blog

COVID-19 Impact & Recovery: LCD Outlook for H2 2021

Blog

COVID 19 Impact Recovery Media Telecom and Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021


CNN to scale back London office; Pluto TV launches on Amazon Fire

TOP NEWS

* CNN (US) is scaling back its London operations as part of cost-cutting measures with some reports suggesting staff cuts, Advanced Television reports. The London bureau will lose programming of some 90 minutes per day, which will be replaced with repeats and simulcasts of programs from the news network's Atlanta headquarters. CNN is owned by AT&T Inc.'s Warner Media LLC.

* Viacom Inc.-owned streaming service Pluto TV plans to expand its service in Germany by improving its product portfolio, Handelsblatt reports. The Viacom-owned platform previously was only available via Sky Deutschland GmbH, but will now be rolled out on Amazon Fire TV and Fire Tablet devices. Pluto TV will also be available to Amazon Fire users in the U.K. and Austria, Digital TV Europe reports.

PAN-EUROPEAN

* The European Commission released guidance on the newly implemented regulation governing the free flow of nonpersonal data across the European Union's member states. The commission said the new regulation is not in conflict with the General Data Protection Regulation, as both measures ensure the free movement of all data within the EU.

UK AND IRELAND

* The British Academy of Film and Television Arts has tapped Netflix Inc. as its main supporting partner for its "Breakthrough Brits" program, which seeks to support the development of creative talents across the country's film, games and TV sectors.

* British Telecom has launched an app for its BT Sport network on Sony Corp.'s PlayStation 4 console, which will be available free to BT Sport customers, Advanced Television reports.

* The British Broadcasting Corp.'s BBC Scotland has struck a partnership with Screen Scotland and the Scottish Documentary Institute to support the production of six original 30-minute programs that will be aired over the next two years. BBC Scotland will accept proposals for the program until July 8.

* British internet users have increasing concerns about their online experience and are supporting tighter regulation for the use of internet, according to a new report by telecom regulator Ofcom.

GERMANY, SWITZERLAND AND AUSTRIA

* Axel Springer SE is in talks with KKR & Co. Inc., as well as with Friede Springer, for a potential public tender offer by the investment firm to the German media company's shareholders, Reuters reports. The potential transaction may be made by a consortium that would include KKR and companies held by Friede Springer and Axel Springer CEO Mathias Döpfner.

* German internet provider Rocket Internet SE has reported €15 million in consolidated revenues and a profit of €140 million for the first quarter of 2019. Among the group's portfolio, Global Fashion Group grew its group revenue to €261 million in the quarter. Meanwhile, Home24 revenues rose 12% to €93 million.

* Deutsche Telekom AG and the German air traffic control agency plan to develop the drone market in the country through their newly founded joint venture Droniq, Reuters reports. Technologies developed by Droniq will enable drone flights outside of a pilot's sight in the future.

FRANCE

* EuropaCorp has confirmed that the company is in talks with French film company Pathé SAS over the latter's potential stake acquisition in the Luc Besson-owned company. The talks are not yet final and remain subject to certain conditions, such as an agreement on the restructuring of EuropaCorp's existing debts.

* The French National Olympic and Sports Committee has launched its TV channel, which aims to promote all sports, all federations and all their clubs, Univers Freebox reports. The Sport en France channel will be available free of charge with all operators, with Iliad SA's Free launching it on the Freebox TV service.

* The editorial staff of radio station network France Bleu went on strike during the morning broadcast on France 3 SAS, Le Monde reports. Radio France's five unions are protesting the suspension of 44 programs by 2022.

NETHERLANDS, BELGIUM AND LUXEMBOURG

* NXP Semiconductors NV agreed to acquire the wireless connectivity business of Marvell Technology Group Ltd. for $1.76 billion in cash. The all-cash acquisition includes Marvell's Wi-Fi and Bluetooth products and approximately 550 global employees, NXP said.

* South Africa-based Naspers Ltd. is moving ahead with its plan to list its new global consumer internet group, NewCo, comprising its international internet assets, on the Euronext stock exchange in Amsterdam on July 17, along with a secondary, inward listing on the Johannesburg Stock Exchange in South Africa. The company will hold a general meeting of shareholders June 28 in Cape Town to discuss the matter, according to a company release.

* The Belgian Data Protection Authority has imposed a fine of €2,000 on a Belgian mayor who would have misused citizens' personal details obtained during a previous position, for election purposes. The fine is the first penalty imposed by the authority in line with the EU General Data Protection Regulation.

* Dutch energy supplier Oxxio Nederland BV is now also offering its telecom services to people who are not using the company's energy services, Telecompaper reports. Customers who combine the purchase of energy from Oxxio with a subscription for internet, TV and telephony receive a combination discount of €2.50 per month.

NORDIC COUNTRIES

* Axiata Group Bhd. will not force-terminate its employees after it merges with Telenor ASA, The Star reports. According to Axiata CEO and President Tan Sri Jamaludin Ibrahim, the company will offer a different position or a voluntary separation scheme for its redundant employees after the merger.

* Japan's SoftBank Group Corp. has selected Nokia Corp. and Ericsson to work on its commercial 5G offering. Nokia said it will deploy its AirScale solution in both distributed and centralized radio access network configurations, across Japan. Meanwhile, Ericsson said it will provide SoftBank with RAN equipment, enabling SoftBank to launch 5G services via the 5G New Radio standard.

* Norwegian energy and fiber company Lyse AS said its subsidiary Signal Bredbånd AS is acquiring broadband supplier Nornett AS. The merged company is touted to become the largest fiber supplier in northern Norway.

* Swedish satellite communications solutions provider Forsway Scandiniva AB has been awarded a €50,000 grant from the European Union's Horizon 2020 research project to develop its technology. Forsway, which offers solutions for combining satellite with existing terrestrial technologies, will use the grant to evaluate how to advance its solutions and accelerate its growth globally.

* Swedish game production company Starbreeze AB has submitted a request with the Stockholm District Court to extend its reconstruction period. Starbreeze plans to focus on its core business of internal game development and publishing, in order to avoid bankruptcy.

SOUTHERN EUROPE

* Sky Italia Srl is airing 10-part series "Romulus" on its pay TV channel and will be distributed internationally by ITV PLC's ITV Studios Global Entertainment, TBI Vision reports. The Sky PLC unit will co-produce the series with ITV Studios-backed company Cattleya Srl and Groenlandia Srl.

* Cellnex Telecom SA has added its shares to the MSCI Europe index, following a move to acquire mobile towers in France and Italy from Iliad. The Spanish operator was previously a part of the MSCI Europe Small Cap Index.

* Huawei Technologies Co. Ltd. plans to push through with its 5G networks roll out in Spain, citing agreements with Telefónica SA, Orange SA's Orange Espagne SAU and Vodafone Group PLC's Vodafone España SAU, Telecompaper reports, citing Huawei Spain CEO Tony Jin Yong.

* Telefonica's Colombian unit Coltel has issued about 500 billion pesos in bonds on the local market, which the company will use to repay debt, Reuters reports.

* Telecom Italia SpA has teamed up with Nokia for a data transmission trial over a long-distance backbone network. The trial has reached a wavelength speed of 550 Gbps, covering about 350 kilometers on the Italian operator's network between Rome and Florence.

EASTERN EUROPE

* U.S. House Speaker Nancy Pelosi is convinced that Facebook Inc. had allowed for the Russian election interference to happen on its platform, after the social network refused to take down an edited video that shows the U.S. government official stumbling over her words, Reuters reports. Carl Szabo, vice president of trade association NetChoice, said Pelosi's accusation is "false and over the top."

* Slovenia's Agency for Communication Networks and Services has launched a public consultation on the Radio Frequency Spectrum Management Strategy, which offers the government's framework in administering the spectrum, including the planned allocation in the next three years, Telecompaper reports. The Slovenian regulator will hold a public meeting on June 4 in relation to the public consultation.

* Chinese company BBK Electronics Corp. will be selling Realme smartphones in Russia starting June, Telecompaper reports, citing Tdaily.ru.

FEATURED NEWS

M&A Replay: Vodafone to sell New Zealand unit; Spirit Telecom acquires Building Connect: Vodafone Group has agreed to sell Vodafone New Zealand to a consortium comprising Infratil and Brookfield Asset Management, while Spirit Telecom completed its acquisition of internet service provider Building Connect.

Mediaset España preps OTT offering; Starzplay launches on Apple TV in Europe: Mediaset unit Mediaset España is set to roll out an over-the-top offering within its streaming service Mitele, while Starz has launched its premium streaming service Starzplay as a channel on the Apple TV app in Europe.

FEATURED RESEARCH

Consumer Insights: Do you stream live video from Facebook or Twitter?: For years social media powerhouses have experimented with live video. But the activity remains niche among consumers we surveyed.

Anne Freier, Amanda Kelly, Charlotte van Hek and Esben Svendsen contributed to this report.

The Daily Dose has an editorial deadline of 7 a.m. London time. Some external links may require a subscription. Links are current as of publication time, and we are not responsible if those links are unavailable later.