Reach Issues Trading Update Ahead of AGM
Reach plc has issued a trading update for the 4-month period from 30th December 2019 to 26th April 2020, ahead of its 2020 Annual General Meeting today.
Media
Latest breaking news and analysis of media companies from around the world, including multimedia platform operators, news agencies, broadcasting infrastructure operators, and television and radio station owners.
Virgin Media and o2 to Merge in £38bn Deal
Virgin Media and o2 owners, Liberty Global and Telefonica have announced that they are to merge their UK operations in a 50/50 joint venture.
Sky Makes Top Box Sets Available to All its TV Customers
Starting this Friday 8th May, all Sky customers will be able to binge top TV box sets as part of new ‘ReWatch’ campaign.
Andrew Barron Appointed to Openreach Board
Openreach, the UK’s leading digital network business, has appointed Andrew Barron as a non-executive member of its Board, effective from 1st June 2020.
Nexstar Reports Revenue Rise of 74.2% to $1.1 Billion
Nexstar Media Group has reported that its first quarter net revenue has risen by 74.2% to a record of $1.1 Billion for the period ended March 31, 2020.
Disney Media Networks Revenues Increase 28%
The Walt Disney Company has reported earnings for its second fiscal quarter ended March 28, with its media networks revenues for the quarter increasing 28% to $7.3 billion.
Bauer Acquisition of Pacific Magazines Described as “Callous”
The Media, Entertainment & Arts Alliance has described Bauer Media's acquisition of Pacific Magazines and its subsequent announcement on job losses as callous.
Coronavirus: Cox Enterprises Sponsors Georgia Gives Day
Cox Enterprises has sponsored Georgia Gives Day, an event organised by the Georgia Center for Nonprofits (GCN), developed in emergency response to the unprecedented need caused by COVID-19.
Openreach Reports Rise of Abuse Towards Engineers in the Midlands
An increase in abuse directed at Openreach engineers, largely due to a mistaken belief they’re working on 5G, is hampering essential work to keep the Midlands connected.