As per latest EU rules, tech giant like Google and social media platforms like Facebook must compensate publishers and creators for the content that appears on their websites.
Discovery Channel founder John Hendricks’ factual streaming service CuriosityStream has raised approximately $140 million in private placement funding to fuel the company’s next phase of growth.
The viewers in Belgium can now enjoy the premium content of the leading travel channel Travelxp which has partnered with Proximus TV.
Matching analysts’ estimates of USD 8.5 billion, the Rupert Murdoch’s 21st Century Fox (Fox) mopped up same amount of revenue in Q2.
The global media conglomerate Disney has post total revenue of $15.30 billion, lower than the first quarter of 2018. In its first quarter earnings report, Disney reported $1.86 EPS against a consensus estimate of $1.55. Total revenue of $15.3 billion also beat consensus estimates of $15.18 billion. Media Networks revenues for the quarter increased 7 per cent to $5.9 billion and segment operating income rose 7 per cent to $1.3 billion.
The Trump administration had to face tough questions on its repeal of net neutrality rules. The federal appeals court made the Federal Communication Commission uncomfortable on 1 Feb in hearing a challenge to Trump’s decision.
While the world waits for 5G, the Guangzhou Baiyun International Airport in China has launched 5G base station. China Unicom's Guangzhou branch built this base station which uses Huawei's 5G Lampsite, an in-depth radio coverage solution that supports indoor deployment in large to medium-sized sites.
The social media giant Facebook has partnered with the Technical University of Munich (TUM) in Germany to set up institute for ethics in Artificial Intelligence (AI) with an initial grant of $7.5 million.
In a bid to battle piracy, the government of Singapore will change its Copyright Act. The government feels that the step will support creators and users of video content.
To give platform to the voices in social service sector, the world’s first television channel International Observatory of Human Rights (IOHR) has recently made its debut in London.
Local news is the backbone of the media in any country, and to boost the segment, the social media giant Facebook will invest $300 million over three years in local news globally. \
As per Pakistan’s Chief Justice Saqib Nisar, the Supreme Court of Pakistan will not permit Indian content to be shown on Pakistani TV channels as it can damages Pak’s culture.
Two resolutions, proposed by Russia and backed by India, have been adopted by the United Nations.
As per a recent survey, the social media giant Facebook has been placed at the bottom of the list of tech companies on trust factor.
To not allow rumours spread across the country and not to let any party affect political opinion, the Bangladesh government has ordered slowdown of mobile internet speeds ahead of election.
The three months since the launch of Facebook-owned video on demand (VoD) platform Facebook Watch have been an unprecedented story for FB as the platform has attracted more than 400 million monthly and 75 million people daily who spend at least one minute on the platform.
Nearly 20% of all global investment on content will be made by the merged entities-Comcast –Sky, and Disney-Fox, as per latest analysis from Ampere.
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