Discovery Communications, Inc. (Nasdaq: DISCA, DISCB, DISCK) and Scripps Networks Interactive, Inc. (Nasdaq: SNI) (“Scripps”) today announced that they have signed a definitive agreement for Discovery to acquire Scripps in a cash-and-stock transaction valued at US$ 14.6 billion, or $90 per share, based on Discovery’s Friday, July 21 closing price. The purchase price represents a premium of 34% to Scripps’ unaffected share price as of Tuesday, July 18, 2017. The transaction is expected to close by early 2018.

Satellite operartor Intelsat S.A. (NYSE: I), today announced financial results for the three months ended June 30, 2017. Intelsat reported total revenue of US$ 533.2 million and a net loss attributable to Intelsat S.A. of US$ 23.8 million for the three months ended June 30, 2017.

Intelsat reported EBITDA or earnings before net interest, loss/(gain) on early extinguishment of debt, taxes and depreciation and amortization, of US$ 407.3 million and Adjusted EBITDA1 of US$ 417.9 million, or 78 percent of revenue, for the three months ended June 30, 2017.

Telesat announced today the appointment of Dolores Martos as Regional Vice President, Latin America and Caribbean Sales. Dolores is a highly regarded and experienced sales executive who has held senior positions in several leading satellite companies.

Telesat Canada  today announced its financial results for the three and six-month periods ended June 30, 2017.  For the quarter ended June 30, 2017, Telesat reported consolidated revenues of CDN $226 million, or a decline of 3% ($6 million) from the same period in 2016.

Speedcast International Limited (ASX: SDA), today announced it has entered into a definitive agreement to acquire UltiSat for a purchase consideration of up to USD$100 million, payable over two years and subject to the ongoing financial performance of the company. UltiSat is a leading provider of remote communications and professional services to governments, in particular the US government, and to international government organizations (IGOs) and non-governmental organisations (NGOs).

NSR’s Maritime Satcom Markets, 5th Edition finds that satellite leasing revenues for the maritime VSAT mobility market are projected to exceed US$ 1 Billion by 2026.  With over US$ 400 million in leasing revenues in 2016 from FSS and HTS offerings, the steady roll-out of the ‘connected vessel’ over the next decade is being powered by falling capacity pricing.

C-COM Satellite Systems Inc. (TSXV: CMI), a leading global provider of mobile auto-deploying satellite antenna systems, announced today financial results for its second quarter ended May 31, 2017. The company declared its 21st consecutive quarterly dividend payment and its 25th consecutive profitable quarter.

Ericsson has released its second Game Changer paper, ‘The IP Imperative’, the latest installment in a six-part series that details the fundamental factors that are driving change across the TV and Media industry.

According to Euroconsult's latest report, Prospects for the Small Satellite Market, significant expansion in terms of capabilities and demand is underway in the smallsat market.

The Satellite Industry Association (SIA) today released its 2017 State of the Satellite Industry Report at an industry briefing held in Washington, D.C. For 20 years, SIA has been publishing the leading analysis of the satellite industry. The industry report produced by Bryce Space and Technology, LLC, is derived from proprietary surveys of satellite companies, indepth public information, and independent analysis which are combined to assess the performance of key satellite industry sectors including satellite services, ground equipment, launch services and manufacturing.