Low Earth Orbit (LEO) constellation operator OneWeb announced today that the company and certain of its controlled affiliates have voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York.

The company intends to use these proceedings to pursue a sale of its business in order to maximize the value of the company.

The latest research from Comscore (NASDAQ: SCOR), a trusted partner for planning, transacting, and evaluating media across platforms, finds that OTT streaming has significantly increased across Connected TVs and streaming boxes/sticks in recent weeks. The higher utilization rates are the latest example of how media consumption shifts are rapidly occurring amid the COVID-19 pandemic.

Strategy Analytics has recently published its latest forecast for Subscription Video-on-Demand (SVOD) services such as Netflix. The forecast took account of the expected impact of the Coronavirus (COVID-19) pandemic, and although the longer term impact clearly remains uncertain, early evidence suggests that a boost to SVOD usage globally can be expected. As a result the forecast for global subscriptions was increased by 5% in comparison to the pre-pandemic model.

Kleos Space, a space-powered Radio Frequency Reconnaissance data-as-a-service (DaaS) company, has appointed Sean McKay as senior business developer for US and Middle East operations.

Sean McKay is a retired Colonel and a graduated Senior Materiel Leader with over 22 years’ experience in program management for various Department of Defense, Foreign Military Sales, and Intelligence Community activities in command and control, intelligence, surveillance, reconnaissance, space, cyber, ground integration, operational systems and operational test.

The National Association of Broadcasters (NAB) has decided not to hold the NAB show this year and instead announced the launched of NAB Show Express to launch in April 2020. This digital experience will provide a conduit for exhibitors to share product information, announcements and demos, as well as deliver educational content from the original selection of programming slated for the live show in Las Vegas, and create opportunities for the community to interact virtually.