CBS News and the BBC on Wednesday announced a new editorial and newsgathering partnership that aims to boost their global strength against rivals such as CNN. The US and British television news giants will share video, editorial content, and other resources in New York, London, Washington and around the world, according to a joint statement. … Read more
NBC News has finalised its deal to take a 25 percent stake in Euronews as it seeks to compete on a more global scale, the European broadcaster said on Wednesday. NBC will pay 25 million euros ($28.1 million) for the stake and its familiar “peacock tail” will feature in the logo of the newly renamed … Read more
High Definition TV continues to gain ground across the broadcast satellites operated by Eutelsat Communications with the 240 HD channels launched in 2016 equaling the total number launched during the previous two years. The symbolic landmark of 1,000 channels was crossed this month with the launch at Eutelsat’s HOTBIRD neighborhood of CGTN HD, the news … Read more
NBC News announced Tuesday it was taking a stake in Europe-based media group Euronews, allowing the US group to compete on a global scale in the TV news business. “For as long as I can remember, at NBC News we’ve wanted to establish a global reach for our news organization that matches our impact and … Read more
Egyptian billionaire Naguib Sawiris, who owns 53 percent, would remain the controlling shareholder. Comcast’s NBCUniversal is in exclusive talks to acquire a minority stake in European news network Euronews, Europe’s answer to CNN. Reuters first reported the news, saying NBC News confirmed “discussions” about a “potential investment and collaborative partnership.” Euronews’ supervisory board has asked … Read more