Global Markets - Latest Developments
The next 20 years are likely to bring more changes to humanity than the past 300 years – these are the words of Gerd Leonhard, Futurist and Founder and CEO of The Futures Agency – a man The Wall Street Journal has dubbed as “one of the leading Media Futurists in the world.”
As the final countdown to Space Tech Expo 2016 approaches, ‘America’s meeting place for space technology and engineering’ is garnering high expectations this year, as the show – co-located with Aerospace Electrical Systems - continues to expand in scope, as well as exhibitor and attendee numbers.
On March 22 CASBAA will host local and international speakers at the India Forum 2016, its annual discussion panel, who will focus on the fast-evolving Indian broadcasting industry in the advent of the Digital India initiative.
C-COM Satellite Systems Inc. (TSXV: CMI), a leading global provider of mobile auto-deploying satellite antenna systems, announced today financial results for the fiscal year ended November 30, 2015 posting its 11th consecutive profitable year.
The company has generated revenues of $10,374,748 and a net after tax profit of $1,596,680 or 4 cents per share. This compared with revenues of $13,205,778 and a net after tax profit of $2,805,033 or 8 cents per share as reported in 2014, representing a decrease of 21.4% and 43.1% respectively.
The successful lift-off of the Ariane rocket carrying the EUTELSAT 65 West A satellite into space lit up the night sky today in Kourou, French Guiana. The Ariane launcher ferrying Eutelsat’s newest satellite into space took off on 9 March at 02.20 (05.20 UTC) and delivered EUTELSAT 65 West A into its transfer orbit after a 27-minute flight.
The World Teleport Association (WTA) today announced the winners of the 21st annual Teleport Awards for Excellence during an exclusive luncheon at SATELLITE 2016. The awards are presented each year to organizations and individuals in the teleport industry whose achievements have been deemed exceptional by the international trade association and its awards committees, made up of industry members from across the globe.
CABSAT 2016 opens at Dubai World Trade Centre (DWTC) Tuesday 8th March, with more than 950 exhibiting brands from over 60 countries due to descend on the 22nd edition of the definitive event for broadcast, satellite and entertainment content sectors across the Middle East, Africa and South Asia (MEASA).
Today, at its third annual OTT Summit, CASBAA, the Association for digital multichannel TV, content, platforms, advertising and video delivery in Asia released a groundbreaking study on Asian OTT regulation. The new publication, Same Same But Different? Video Policies for Asian Pay-TV and OTT details an “unsustainable” situation, which sees governments maintain legacy regulatory policies that disadvantage their local operators, while television supply is moving online and undergoing a “comprehensive transformation.”
With the exponential growth of and consumer demand for anywhere-anytime content dominating the direction of the region’s entertainment landscape, CABSAT 2016 will see the region’s leading satellite industry players converge at Dubai World Trade Centre (DWTC) from March 8-10.
SES Platform Services (SES PS), a wholly-owned subsidiary of SES, announced an agreement whereby RR Media, a leading provider of global digital media services to the broadcast and media industries, will merge its operations with those of SES PS.
SES will pay a consideration of USD$ 13.291 per share to acquire a 100% interest in RR Media. The consideration corresponds to an Enterprise Value of US$242 million, which will be funded from the group’s existing financial resources. The acquisition is subject to regulatory approvals, which are expected to be completed in Q2/Q3 2016.
