Video content budgets across India, Korea and Southeast Asia climbed 12% in 2018 to reach ~US$10 billion, according to the latest edition of Asia Video Content Dynamics, published recently by Media Partners Asia. Asia Video Content Dynamics tracks investment, production and consumption for TV, film and online video across India, Korea and Southeast Asia’s five biggest growth markets (Indonesia, Malaysia, the Philippines, Thailand and Vietnam).

Shares of EchoStar Corp. declined 7.3% following the company’s 2Q19 earnings release, reflecting disappointment with the company’s subpar EBITDA performance and one-time charges. Following the decline, shares of EchoStar  are now trading at 4.9x the consensus 2020 EBITDA forecast, which represents a discount to both the stock’s long-term average and its closes peer group competitor Viasat.

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), today reported its results for the second quarter ended June 30, 2019. Gilat said renues for Q2 2019 totaled $59.7 million compared with US$ 66.5 million for Q2 2018. Its Q2 2019 GAAP operating income increased 17.9% to US$ 4.9 million from US$ 4.1 million in Q2 2018 while Q2 2019 Non-GAAP operating income rose to US$ 6.3 million, or by 10.8% from Q2 2018.

SpaceX’s Falcon 9 rocket successfully lifted off from Space Launch Complex 40 of the Cape Canaveral Air Force Station, Florida, the AMOS-17 satellite for Spacecom (Tel Aviv Stock Exchange: SCC). Liftoff occurred at 7:23 p.m. EDT, or 23:23 UTC and the satellite was deployed approximately 31 minutes after liftoff.

Actus Digital, a provider of compliance and media monitoring solutions, today announced that it has appointed Doug Hinahara vice president of sales, Americas, and Matthew Osman as customer services manager. The new positions were created as part of the company's response to meet the growing demand for broadcast compliance and media monitoring solutions and an increasing customer base in the U.S. and throughout the Americas.