| 16 February 2021
The largest and leading media company in the Middle East & North Africa (MENA) region, MBC Group, has replaced its existing broadcast management systems with WHATS’ON by Mediagenix to manage all of its on-demand services and linear channels in a unified process.
MBC Group is home to over 20 leading TV channels covering the region and beyond with leading audience shares, as well as MBC Studios, which specialises in producing the region’s most compelling premium content for cinema, television and on-demand platforms. It also runs Shahid, MENA’s leading Arabic-language streaming platform, in addition to its subscription-based premium service, Shahid VIP.
India’s OTT industry loses up to 30% revenue to piracy
OTT content industry in India is estimated to grow 17% over FY21 to touch a revenue of Rs33,800 crore by FY22. (Photo Imaging: Kishore Rawat)Premium
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NEW DELHI: Advertising and subscription-led video streaming services are losing up to 30% of their annual revenue to piracy as more and more Indians log in to digital platforms to watch content.
Popular shows such as Scam 1992 on SonyLIV and Ashram on MX Player have seen pirated versions surfacing within half an hour of their launch.
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(MENAFN - Newsfile Corp) TRU Precious Metals Announces Private Placement of Subscription Receipts with a Lead Order from Palisades Goldcorp
Fredericton, New Brunswick (Newsfile Corp. - February 16, 2021) - TRU Precious Metals Corp. (TSXV:TRU) (OTCQB:TRUIF) ( TRU or the Company ) is pleased to announce that it intends to undertake a non-brokered private placement for minimum gross proceeds of C$1,000,000 (the Offering ), subject to TSX Venture Exchange (the Exchange ) approval, with a lead order from Palisades Goldcorp Ltd. The Offering shall consist of not less than 4,545,455 subscription receipts (the Subscription Receipts ) at a price of $0.22 per Subscription Receipt.
Each Subscription Receipt will, upon completion of the Company s Change of Business (as defined below) and certain other customary conditions for a transaction of this nature, be automatically exercised into one unit of the Company (each, a Unit ). Each Unit will be comprised of one (1) common share in the
Read more about L&T Finance Holdings rights issue oversubscribed by 15% on Business Standard. The allotment of equity shares offered pursuant to the Rights Issue will happen on or about Tuesday, 23 February 2021 and such equity shares shall be listed on the BSE Limited and National Stock Exchange of India Limited on orabout Friday, 26
| 16 February 2021
In the latest expansion of the BBC Studios and ITV joint venture ad-free subscription video-on-demand service around the globe, South Africa will be the fifth global territory for BritBox.
The SVOD service will launch in the African continent’s key market in the second half of 2021 and follows successful launches in the US and Canada, the UK and, most recently, Australia. BritBox first launched in North America in March 2017, and announced it had surpassed 1.5 million subscribers in October 2020. In the UK, BritBox launched in November 2019, followed by Australia in November 2020.
Its introduction is part of a global roll out plan announced last year by BritBox which will see the platform active in up to 25 new countries, bringing audiences what is claimed to be an unrivalled collection of great British TV shows and the very best in British box sets, drama premieres and live events The collection includes brand new and recent programmes as well as