Two prominent space consulting players, Euroconsult and SpaceTec Partners, are merging after three years of increasingly successful collaboration, to shape the future of the space sector with unparalleled expertise and strategic insights. This merger creates Novaspace, a powerhouse in professional services dedicated to the space industry.

The Satellite Communication Market in the Defense is expected to grow from USD 5.55 billion in 2024 to USD 7.76 billion by 2029, at a CAGR of 6.93% during the forecast period (2024-2029).

IBC2024 has unveiled eight new projects selected for the IBC Accelerator Media Innovation Programme, through which a mix of world-leading and new industry players from across the global media, entertainment and technology communities collaborate to explore potential solutions to critical challenges the industry faces today. This year’s Accelerator Programme will also include a “Special Incubator Project” that builds on innovative live production technologies established by projects in previous years. The programme provides an agile, fast-track framework for initiating and developing innovation in the media sector to create achievable, hands-on solutions that address common pain points. Final Proof of Concepts (POCs) will be demonstrated at the dedicated Accelerator Zone and also presented live on the Innovation Stage at IBC2024, taking place at the RAI Amsterdam from 13th-16th September.

In a cruel twist of irony, subscriptions are becoming ever-more essential to the survival of AVoD platforms. The stalwarts of internet video are set to bring in over $546 billion in revenue over the next five years, but the ad-supported business model which many of these platforms pioneered is clearly serving them no longer.