An announcement by DHX Media Ltd. Monday that it is launching a strategic review that could see its board potentially sell off the company or its assets is an unexpected move, according to RBC Capital Markets analyst Drew McReynolds. “The initiation of a strategic...
Multi-channel networks (MCNs) have carved out a space in the online video ecosystem in recent years, leading traditional broadcasters to move into MCNs as a relatively low-risk way to reach younger demographics — though there is some question about the ability to monetize such investments. MCNs consist of multiple individual user-created online video “channels” that are amalgamated and managed by a single entity. Those channels were originally on Alphabet Inc.’s YouTube, but MCNs then expanded to various social media channels, including Facebook Inc.’s platform. “They...
Millions of people tuned into live broadcasts of the electronic entertainment expo (E3) this week on Alphabet Inc.’s YouTube and Amazon.com Inc.’s Twitch.tv. It’s an event whose...
BCE Inc. announced Monday morning that it will purchase Manitoba Telecom Services Inc. in a $3.9 billion transaction that, if approved, will see the number of players in Manitoba’s telecom...
Rogers Communications Inc. will begin offering its Sportsnet channels without a TV subscription for $24.99 per month, the company announced Thursday. Scott Moore, president of Sportsnet and NHL...