Share Name Share Symbol Market Type Share ISIN Share Description
Globaldata LSE:DATA London Ordinary Share GB00B87ZTG26 ORD 1/14P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 577.50p 560.00p 595.00p 577.50p 577.50p 577.50p 10,037 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 121.7 -0.8 -2.1 - 590.42

Globaldata Share Discussion Threads

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DateSubjectAuthorDiscuss
19/10/2018
10:23
https://www.telegraph.co.uk/technology/2018/10/18/amazon-creates-1000-new-uk-research-roles-tech-giants-hone-british/ Amazon creates 1,000 new UK research roles as tech giants hone in on British talent By Hannah Boland 18 October 2018 • 10:01pm Amazon is investing in three regional hubs across the UK, creating more than 1,000 new skilled jobs in a move UK trade secretary Liam Fox hailed as a "signal to the world that the UK is very much open for business". The internet giant will open a new office in Manchester, to house at least 600 new employees working on software development, machine learning and research and development. It will also grow its existing development centres in Cambridge and Edinburgh, adding 180 new roles and 250 roles in each city respectively. In Edinburgh, work centres around new advertising technology and personalised shopping recommendations, while in Cambridge, the retailer focuses on innovations in Alexa, Prime Air drones and its cloud computing division AWS. Doug Gurr, Amazon's UK country manager, said the new roles were "Silicon Valley jobs in Britain and further cement our long-term commitment to the UK". "It's all about investment in really great people," he added. Since 2010, Amazon has invested more than £9.3bn in the UK alone, opening 17 fulfillment centres in the region. By the end of the year, it will be employing more than 6,500 people in corporate, Amazon Web Services and research and development divisions. The latest roles come on top of the 650 Amazon said it would be creating at AWS and at its development centres in June, as well as a whole slew of positions in its fulfillment centres. Mr Fox said: "Ensuring that the world's best and brightest companies continue to invest and innovate in the UK is at the heart of our global Britain agenda. "Amazon's decision to create hundreds of highly-skilled jobs in Manchester, Edinburgh and Cambridge is an enormous vote of confidence in the UK." Amazon, Facebook and Google have all made real commitments to the UK in recent years, seeking to harness British talent in areas such as machine learning and engineering. Google, for example, bought DeepMind back in 2014 and has since been pouring funds into the artificial intelligence business, despite it making no money for the business. And over the summer, Facebook bought Bloomsbury AI, a British company which develops natural language processing technology. The UK's has world-leading universities in AI, and is thought to be a hotbed for talent in this technology, with many top researchers being offered jobs in Silicon Valley. Its strength in the area led the Government to set of a £1bn sector deal earlier this year, in which it pledged, among other things, to invest £17m to fund artificial intelligence development in British universities. However, research by The Daily Telegraph last month found the UK was at risk of a so-called "brain drain" as American companies were increasingly trying to lure academics overseas with hefty salaries. The Daily Telegraph analysed data from around 150 people who had gained either a postgraduate-level degree or had held research positions at Cambridge, Oxford, Imperial, UCL and Oxford Brookes universities, and found around a third had left to work at Silicon Valley tech firms.
littleredrooster
21/9/2018
12:13
hTTp://globenewswire.com/news-release/2018/09/18/1572273/0/en/Cloud-Video-Streaming-Market-Worth-USD-16-6-Bn-by-2023-at-18-9-CAGR-Cloud-Video-Streaming-Market-Advancing-Swiftly-Due-To-Scalability-and-Cost-Effectiveness.html Cloud Video Streaming Market Worth USD 16.6 Bn by 2023 at 18.9% CAGR | Cloud Video Streaming Market Advancing Swiftly Due To Scalability and Cost Effectiveness The global cloud video streaming market is set to witness rapid growth due to high adoption of live streaming and widespread use of cloud video streaming to deliver over the top content (OTT). September 18, 2018 07:06 ET | Source: Market Research Future Pune, India, Sept. 18, 2018 (GLOBE NEWSWIRE) -- Market Research Future’s in-depth analysis of the Global Cloud Video Streaming Market, By Components (By Streaming Cloud Content), By Streaming Type (Live Streaming, Video on Demand, Video Hosting), By Cloud Deployment (Private Cloud, Hybrid Cloud), By Vertical (Media & Entertainment, Education, Government) - Forecast 2023 Market Insights Cloud video streaming is a rapidly advancing market which is anticipated to witness a CAGR of 18.9% during the forecast period of 2017 to 2023. This projection, among others, has been made in Market Research Future's latest report on the global cloud video streaming market. The market is becoming increasingly competitive due to the cloud platform being easy to embrace for enterprises of all sizes, particularly SMEs. The growth of the market is anticipated to result in a market value of approximately USD 16.6 Bn by the end of 2023. The introduction and widespread adoption of over the top content (OTT) has created considerable opportunity for the global cloud video streaming market. The popularity of on-demand videos and streamed content is based on the delivery of this content in real-time. Increasing network speeds across the globe and consumer demand for higher speeds in the age of technology and the internet are highly conducive to the growth of the cloud video streaming market. Consumption patterns have changed drastically due to urbanization and increasingly busy schedules which have turned consumers toward live streaming as it offers the ability to stream content at any given time. Expansion of the market has been the result of novel applications being employed for the technology. Sports, news, TV shows and many other forms of entertainment are easily viewable. Moreover, it has also found application in the education industry by allowing live streaming of lessons for remote learning. The proliferation of personal smart devices which carry the capability to stream live content is another key factor affecting the global cloud video streaming market. Cloud video streaming offers competitive costing and scalable growth which allows small businesses to participate in the market. The increasingly competitive market carries a high potential for growth, as applications for cloud video streaming are consistently being developed. Opportunities for growth will arise as OTT content providers prepare to offer increased original content and tap into consumer consumptions trends. Request a Sample Report @ hTTps://www.marketresearchfuture.com/sample_request/4122 Market Segmentation MRFR's segmental analysis is performed on the basis of components, streaming type, service, deployment, vertical and region. By components, the market is divided into media players and service. The media player segment consists of JW Players, iOS media player and adobe flash players & Adobe AIR. The service segment is sub-segmented to include managed services and professional services. By streaming type, the market is segmented into video on demand streaming, live streaming, and video hosting. By cloud deployment, the market is categorized into hybrid cloud, private cloud, and public cloud. By vertical, the market includes healthcare, government, media & entertainment, education, and others. Regional segmentation of the market divides the market into North America, Europe, Asia Pacific and the Rest of the World. Concentration of Market Players Establishes North America as Top Regional Market North America has a high concentration of market-leading players who lead growth for the global and regional market, thus catapulting the region into top position with the largest share. The U.S leads the market due to high adoption of cloud-based services in the region across small and medium enterprises. Moreover, largescale investments towards outsourcing of video streaming solutions are driving growth for the global Cloud Video Streaming Market. Europe has a similar growth pattern which has contributed considerably to the market size of the region. The growing number of content providers leveraging cloud video streaming as a method to deliver high-quality OTT content is a significant driver of the market. Additionally, these regions have high internet speeds which drive the consumption of live streaming and other OTT content services. Meanwhile, the Asia Pacific is expected to grow at a rapid pace due to the high potential available in the region. The presence of a massive consumer population which is witnessing dramatic changes due to urbanization and changing lifestyles is highly conducive to the adoption of cloud video streaming solutions. The presence of a significant IT sector and the fact that several international players are moving to establish themselves in the region due to the recognized potential is expected to encourage market growth. Key Players Encoding.Com, Adobe Systems Incorporated, Microsoft Azure, Amazon Web Services, Akamai Technologies Inc., Forbidden Technologies, Haivision Hyperstream, Sorenson Media, and A-frame are some of the leading market players participating in the global cloud video streaming market. MRFR has profiled and recorded the market strategies employed by these players and their role in expanding the market. Product innovation, expansion of capabilities, acquisitions, and mergers are among the most employed market strategies with the highest impact. Browse Complete Report @ hTTps://www.marketresearchfuture.com/reports/cloud-video-streaming-market-4122 About Us GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
littleredrooster
20/9/2018
11:52
Bitcoin will emerge as a viable store of value alongside gold Not my opinion but nevertheless an interesting point of view. hTTps://www.ccn.com/us-market-crash-expected-as-household-income-explodes-will-millennials-flock-to-bitcoin/ September 18, 2018 21:19 US Market Crash Expected as Household Income Explodes, Will Millennials Flock to Bitcoin? For the first time in history, US household wealth has surged above the $100 trillion mark, fueled by the rise in the value of stocks and properties. However, analysts say the unsustainable growth in household wealth could cause a crash, which may lead millennials to flock to Bitcoin. In September, US household wealth reached $100 trillion, and ostensibly it seems like a positive development for US markets. But, in comparison to the stagnation in actual US household income, it is quite evident that the rapid growth rate of US household wealth cannot be sustained in the long-term. Speaking to Business Insider, AJ Bell investment director Russ Mould stated: “Household net worth cannot sustainably grow this much faster than incomes. Assets have been bid up and at some stage there has to be chance that they correct, just as happened in 2000 and 2007.” Bubble-Like Behavior According to Mould, the US stock market experiencing one of the strongest bull markets in history and the real estate market continuing to increase in value led to an abrupt increase in household wealth. However, if household wealth cannot be backed by stable income, then the market will be vulnerable to a major correction. “The difference is likely to be accounted for by the surge in the value of financial and other assets — equities, bonds, property and rankly everything from vintage cars to art to wine to baseball cards. And this is one warning that at some stage another collapse in financial markets will sweep around the globe,” Mould added. Nouriel Roubini, a widely recognized economist and professor at Stern School, also recently called for a financial crisis in the US market by 2020, explaining that the market has been demonstrating bubble-like behaviors over the past year. With the discrepancy between US household wealth and income growing exponentially and global debt rising to $250 trillion, Mould emphasized that the US market is due for a correction, whether that will lead to a minor correction or a financial crisis as Roubini predicted remains uncertain. Viability of Bitcoin as an Investment Bitcoin, like gold, is often considered as a store of value with no correlation to the broader financial market. It moves independently of traditional assets and commodities, which allows Bitcoin to operate as a reliable store of value in times of uncertainty and market volatility. While there exists no correlation between Bitcoin and the broader financial market, Matt Hougan, vice president of research and development at Bitwise Asset Management, told Bloomberg in an interview that the decline of the global market does not guarantee a bull market for crypto. “Non-correlation is not the same as inverse correlation so there’s no guarantee that when the market goes down crypto will go up. Over the long term, we think the fundamental drivers of crypto are different from the fundamental driver of equities and other assets, and we would expect the low correlation to persist,” Hougan said. Still, considering the increasing demand for Bitcoin from millennials, with surveys finding that over one third of millennials are planning to invest in cryptocurrency within the next few years and 80 percent of American millennials already aware of Bitcoin, it is highly likely that if a financial crisis occurs in the near future as experts predict, Bitcoin will emerge as a viable store of value alongside gold.
littleredrooster
04/9/2018
23:58
hTTps://techcrunch.com/2018/09/04/amazon-strikes-1-trillion-market-cap-4-weeks-after-apple-did-the-same/ Amazon strikes $1 trillion market cap, 4 weeks after Apple did the same TechCrunch - 7 hours ago Amazon just joined the exclusive $1 trillion club (briefly). The e-commerce behemoth jumped above a trillion dollar market cap on Tuesday during intraday trading. Its share price hit an all-time high of $2,050.27 earlier this morning bringing its value above the massive, yet meaningless, milestone. The share price is bouncing around and is currently sitting a few million below the number but the share price will inevitably rest above the number soon enough. Amazon, founded in 1994 with the lofty ambitions of taking on Borders and Barnes and Noble, has completely rewritten the rules of retail in the past couple decades as it has aggressively moved to build a massive logistics engine to power all sorts of e-commerce needs for a consumer base emboldened by the shift to mobile. This news is all the more notable because it follows Apple’s ascent to the same milestone just a few weeks ago. The two tech behemoths may have been able to find the same value to shareholders, but while Apple has relied on its ever-evolving consumer hardware business and line of services to support its devices, Amazon has locked onto the country’s capitalistic infrastructure both in moving atoms as it ships billions of items worldwide and bits with its AWS platform. While Apple’s market cap growth over the past year has been near a staggering 40 percent, Amazon has been even more of a value rocket ship. As of Tuesday, its market cap represented nearly 110 percent year-over-year growth. Founder and CEO Jeff Bezos is currently estimated to be worth around $166 billion, which is about $70 billion north of Bill Gates’s worth in the #2 wealth position, so he’s doing alright I guess. https://money.cnn.com/2018/09/04/technology/amazon-1-trillion/index.html
littleredrooster
31/8/2018
14:06
Yesterday he was worth £126 billion http://www.thisismoney.co.uk/money/markets/article-6115895/Amazon-shares-break-2-000-closing-gap-Apple.html Amazon shares break through $2,000 for first time, closing gap between internet retailer and trillion-dollar tech rival Apple By City & Finance Reporter for the Daily Mail Published: 22:18, 30 August 2018 Amazon shares have broken through $2,000 for the first time, closing the gap between the internet retailer and trillion-dollar tech rival Apple. It added £260m to the fortune of boss Jeff Bezos (pictured below with his wife MacKenzie) in a single day. https://i.dailymail.co.uk/i/newpix/2018/08/30/20/4F8A260400000578-6115895-image-m-1_1535658224752.jpg Last night Amazon was worth £726bn, following a near-70 per cent surge in its shares this year. Brian Nowak, an analyst at Morgan Stanley bank, said: ‘We have increasing confidence that Amazon’s rapidly growing, increasingly large, high-margin revenue streams will drive higher profitability and continued upward estimate revisions.’ Former Tesco chief executive Sir Terry Leahy said Amazon will overtake Apple to become the world’s largest public company because it has ‘reinvented shopping’. Bezos, 54, owns 16 per cent of Amazon. He overtook Microsoft’s Bill Gates last year as the world’s wealthiest man, and become the richest person in modern history in July as his fortune hit £115 billion. Yesterday he was worth £126 billion.
littleredrooster
22/8/2018
17:04
hTTp://citywire.co.uk/money/sandp-500-hits-all-time-high-ahead-of-bull-market-record/a1148635 S&P 500 hits all-time high ahead of bull market record US stock market hits new all-time high and is set to record the longest bull market in its history today. by Daniel Grote on Aug 22, 2018 at 11:11 The S&P 500 is marching towards the longest bull market in its history in style, notching up an all-time high ahead of another record tumbling today. The US blue-chip index touched 2,873 points, a new record, during yesterday's trading, although it closed below that level. That all but guarantees the index will today break the record for the longest-ever bull market in its history. Provided the S&P 500 doesn't suffer a 564-point, or 19.7%, fall today, the US bull market run which began in the aftermath of the financial crisis will be 3,453 days old. That will break the previous record, set at the end of the last century, when the S&P 500's bull market lasted from October 1990 until the bursting of the tech bubble in 2000. 'If someone had said in March 2009 that we were setting out on the longest bull market investors have ever seen, they would have been laughed out of court,' said Tom Stevenson, investment director at Fidelity International. 'In the aftermath of the financial crisis triggered by the collapse of Lehman Brothers 10 years ago next month, investor sentiment was at its lowest ebb.' The marking of the milestone will lead some investors to question whether this record-breaking bull market could be drawing to a close. But Stevenson said the 'euphoria' that typically accompanies the final stages of a bull market was 'notoriously absent'. 'This most unloved of all bull markets has left sentiment relatively subdued,' he said. 'With earnings having been boosted by tax cuts, valuations are high but not excessively so.' Laith Khalaf, senior analyst at Hargreaves Lansdown, agreed, although he added that the valuation of US stocks, which are more expensive than shares on the UK stock market, 'does give some pause for thought'. He cited the widely used Shiller price earnings ratio, which charts the current price of the market compared to its inflation-adjusted earnings over the last 10 years. 'In the US, the market valuation has only been at this level in 1929 and in the late 1990s, shortly before the Wall Street crash and the tech bust respectively.' The long bull run in the US isn't matched by the UK stock market, as the FTSE 100 fell into a bear market, defined as a loss of 20% from its peak, in early 2016.
littleredrooster
15/8/2018
12:11
http://www.dailymail.co.uk/money/investing/article-6049935/Why-video-gaming-set-major-industry-firms-cash-in.html Why video gaming is set to become a major industry - and how to invest in the firms that could cash in •Paris 2024 Olympic organisers said to be 'in deep talks' about including esports •In less than two years, esports could have more viewers than any other sporting tournament except NFL •Waiting in the wings are patient young technology companies By Lucy White City Correspondent For The Daily Mail Published: 09:38, 11 August 2018 | Updated: 10:37, 13 August 2018 "Having video game leagues in the Olympics may seem like heresy to sports fans. But with the Paris 2024 Olympic organisers said to be 'in deep talks' about including esports in the world's oldest sporting tournament, it could soon be a reality. Esports is essentially competitive video game playing. Watching millennials play Fifa or shooting games against each other may sound tedious, but it's big business. Tens of thousands of fans at big stadiums watch their favourite players or teams use their consoles to battle against each other in a digital world. Waiting in the wings are patient young technology companies ready to serve the gamers' and viewers' needs, hoping to cash in on what could be a multi-billion-pound industry. Investors who put their money in the right place could do well. Technology consulting firm Activate thinks that by 2020, 70m people will watch an esports final, more than the number watching the American professional baseball, soccer, and hockey finals." "The big break is likely to come in the 2022 Asian Games, where players will be on a mainstream stage for the first time. After that, esports' rise could be meteoric."
littleredrooster
04/8/2018
21:00
hopes to put humans on Mars http://www.thisismoney.co.uk/money/markets/article-6024433/Cobham-hired-make-parts-Nasas-Orion-mission.html Engineer boldly goes where no man has been before: Cobham hired to make parts for Nasa's Orion mission By City & Finance Reporter for the Daily Mail Published: 21:50, 3 August 2018 Cobham is making parts for Nasa’s Orion mission which plans to help humans boldly go where they have never gone before. The Dorset-based space and satellite manufacturer has been hired by Lockheed Martin for its deep space project which even hopes to put humans on Mars. Cobham will supply parts such as oxygen service valves to help astronauts breathe and pyrotechnic valves to help with pressure inside the spacecraft. Boss David Lockwood said he could not disclose the value of the contracts but said: ‘Every Nasa astronaut who has ever flown has breathed through Cobham equipment. If as we expect there is growth in manned space flight, it secures our position for the whole next generation,’ he said. ‘It’s an unsung part of Cobham all the stuff we do in breathing and life support systems – and from space down to fast jets and so on. ‘We are going to make more of it later in the year.’
littleredrooster
02/8/2018
11:12
It's interesting that Facebook is concerned about the "costs of new data centres to support video initiatives". hTTp://citywire.co.uk/money/tech-managers-split-on-facebook-after-growth-shock/a1142941 Tech managers split on Facebook after growth shock Allianz Technology manager Walter Price cuts stake but AXA's Jeremy Gleeson says share price plunge an 'overreaction'. by Daniel Grote on Jul 31, 2018 at 14:31 "The issue is that costs of new data centres to support video initiatives and costs for improving the platform in content filtering and fake news removal are increasing faster than revenue." hTTp://techcompanynews.com/blackbird-wows-global-media-industry-by-delivering-workstation-experience-in-the-cloud/ July 27, 2018 Blackbird Wows Global Media Industry By Delivering Workstation Experience In The Cloud "By working in the cloud all the processing power needed to manage video is performed remotely – freeing businesses from the costs of investing in hugely expensive editing hardware and associated upgrade and maintenance expenses. Downloading and transferring huge volumes of video between workstations is also expensive, slow and frustrating. Working in the cloud on just the video content you need dramatically saves time and boosts productivity. Plus the nature of working in the cloud means that media teams can operate simultaneously on the same workflows and projects in real time. So as you can see, the cloud provides many huge benefits to organizations that manage video content and Blackbird is perfectly placed to meet those needs."
littleredrooster
27/7/2018
10:04
https://uk.advfn.com/stock-market/NASDAQ/FB/share-news/Facebook-Loses-119-Billion-in-Day-WSJ/77948629 Facebook Loses $119 Billion in Day -- WSJ 27/07/2018 8:02am Dow Jones News By Akane Otani and Deepa Seetharaman This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (July 27, 2018). Facebook Inc. suffered the biggest-ever one-day loss in market value for a U.S.-listed company, a punishing reversal for a company that has led a yearslong tech-stock surge. Facebook shares fell 19% to $176.26, erasing about $119.1 billion in market value, after the Menlo Park, Calif., company warned late Wednesday about slowing growth. Facebook's loss in market value Thursday is larger than 457 of the 500 companies in the S&P 500 and bigger than the aggregate valuation of the bottom 20 companies in the S&P 500. Technology stocks have ripped higher, outpacing the broader market this year, as investors have wagered that companies like Amazon.com Inc., Alphabet Inc., Netflix Inc. and Facebook Inc. will dominate industries ranging from retail to entertainment for years to come. The stock drop represented Facebook's biggest percentage drop ever, and the shares were the worst performer in the Nasdaq 100 and second-worst in the S&P 500. Yet even with the technology stocks sliding Thursday, many of the market's behemoths hung onto sizable 2018 gains. Netflix is up 89%, Amazon 55% and Microsoft 28%. The S&P 500 is up 6.1% in 2018, and Facebook is down 0.1%. On Wednesday, Facebook reported slower-than-expected revenue growth for the second quarter -- albeit logging in at more than 40% -- and said it expected quarterly revenue growth to decline over the rest of the year. Until then, Facebook had shown few business effects from the negative headlines that have dogged it in recent months. The broader market was largely unaffected by Facebook's news, with the Dow industrials rising 112.97 points, and Amazon.com's strong quarterly earnings after the bell Thursday easing concerns about a broader pullback in the tech sector. In general, analysts remain overwhelmingly bullish on the big tech stocks. Of those who have issued a rating for the stock, 96% of analysts have recommended buying or being overweight Amazon, while 91% have issued equivalent ratings for Alphabet, according to FactSet. To many, analysts' conviction in technology stocks reflects the sector's rapid climb to dominance across many industries, as well as its record of above-average earnings growth. Yet Facebook's slide, along with others, have made some investors increasingly worried that the technology sector could be due for a reversal. Investors have ranked being long in big tech names and their Chinese equivalents -- Baidu Inc., Alibaba Group Holding Ltd. and Tencent Holdings Ltd. -- as the most crowded trade in the markets for six consecutive months, according to Bank of America Merrill Lynch's July survey of global fund managers. When market bets look overwhelmingly one-sided, analysts worry they are prone to unraveling quickly. Such was the case when the big tech names tumbled in March, dragging the broader stock market lower, as investors worried that fallout over Facebook's handling of user data around the 2016 election could spur tighter regulations around the industry. More recently, Netflix slid 6.5%, notching its biggest one-day loss of the year, after missing its own forecasts by more than a million subscribers. "What we'd been seeing would almost suggest that these companies are infallible," said Brendan Erne, director of portfolio implementation at Personal Capital, who had been advising clients against stacking up bets in popular technology stocks. "But these trades can end abruptly and with very little reason." Institutional investors have hung onto large stakes in Facebook, with filing data for the quarter through March 31 showing Vanguard Group owning roughly 7.1% of shares outstanding, Fidelity Management & Research Co. having a 4.9% stake and BlackRock Fund Advisors with 4.4%, according to FactSet. Fund managers have increasingly pulled back on bets against technology stocks. Short interest on the biggest tech stocks as a percentage of float -- how many shares available to trade -- has fallen to near record low levels over the past year, Bank of America Merrill Lynch said in a July report. The plunge in Facebook shares caught options traders off guard. Investors were girding for a 5.6% move in the stock, in either direction, through Friday, Trade Alert data show, much smaller than the decline suffered so far. That is based on a trade called a straddle, which entails buying puts and calls -- options to buy or sell a security -- at the same price, called a strike. There was also a surge in bullish call option activity on Wednesday ahead of the earnings release, including a mammoth trade targeting a 19% advance in the shares by December, according to Fred Ruffy, an analyst at Trade Alert. "That thing just turned into a disaster after the move today," Mr. Ruffy said. "They're deep underwater on it." Facebook options volume ramped up Thursday, and traders forecast more turbulence for the stock, Trade Alert data show. Expected swings in the stock are near a year high. --Gunjan Banerji and George Stahl contributed to this article.
littleredrooster
26/7/2018
12:08
https://mobile.twitter.com/forbiddentech Forbidden 1h Check out this @televisualmedia blog on how remote editing cuts costs & increases efficiency for live broadcast production hTTp://www.televisual.com/blog-detail/The-Televisual-Genre-Report---Live-and-Event-TV_bid-1022.html The Televisual Genre Report - Live and Event TV Tim Dams 25 June 2018 "The BBC is now weighing up the viability of remotely producing the Tokyo Olympics in 2020."
littleredrooster
18/7/2018
15:57
hTTp://citywire.co.uk/money/faangs-are-out-as-tech-sector-changes-leaders/a1139094?ref=citywire-money-latest-news-list FAANGs are out as tech sector changes leaders Disappointment at Netflix’ half-year results is evidence of change of leadership among technology stocks as smaller companies overtake larger rivals, says Fidelity’s Hyun Ho Sohn. by Michelle McGagh on Jul 18, 2018 at 07:00 Disappointment at Netflix’ half-year results this week is evidence of the change of leadership in the technology sector, as smaller companies overtake larger rivals and investors have to look beyond FAANG stocks for growth, says fund group Fidelity. Technology stocks have continued their run of growth over the past year but picking the big winners is no longer as easy as putting money into US FAANG stocks - Facebook (FB.O), Amazon (AMZN.O), Apple (AAPL.O), Netflix (NFLX.O), and Google (GOOGL.O) - or their Chinese BAT equivalents - Baidu (BIDU.O), Alibaba (BABA.N), and Tencent (o700.HK) stocks. This was brought into stark relief by Netflix yesterday as shares in the TV streaming service plunged 14% on disappointing second quarter new subscriber figures. Hyun Ho Sohn, manager of the £2.7 billion Fidelity Funds Global Technology fund, said while 2017 was characterised by mega-cap outperformance, the ‘momentum is now extended to extreme levels’ and technology ‘sector leadership has changed’. Communications equipment, software and IT services are the best performing sectors in the past 12 months, pushing the large internet names off their perch. Ho Sohn added that small caps are now outperforming large and mega cap stocks and he remains underweight the latter. ‘There has been increasing dispersion among mega caps, with Amazon continuing to perform strongly, but with Tencent, Alphabet and Facebook weaker,’ he said. ‘Netflix had been on a stellar run in 2018 until [the] second quarter results, which undershot analyst expectations on new subscribers. Facebook has suffered from growing concerns about potential negative effects of regulation.’ There is also intensifying competition within the FAANG and BAT stocks as Google’s Alphabet and Amazon compete for advertising and cloud revenue, while Facebook competes with Alphabet-owned YouTube in video content. ‘Investors are underestimating the likely decline in returns on capital among these companies owing to increasing competition, with rising investment leading to declining returns on invested capital, with increasing regulation also leading to higher compliance costs,’ said Ho Sohn. The technology sector may be growing at more than double the rate of global GDP but Ho Sohn (pictured) said it remains ‘reasonably priced’ compared to its own history and global equities. The most expensive stocks were FAANG stocks on one hand and new companies floating on the stock market in initial public offers of new shares (IPOs). Demand for both was stoked by ‘loose liquidity conditions and ongoing low interest rates’, he said. ‘The sector as a whole is displaying increasing quality over time, with superior margins and return on equity relative to global equities,’ said Ho Sohn. Not all areas of technology are expensive, and Ho Sohn said there was still value in ‘mature software and large-cap semiconductor spaces’, the latter of which have been hit by trade war talk. He has increased his position in Oracle Corporation (ORCL.N) after it was ‘oversold due to negative narratives’. He said the fundamentals of Oracle are ‘much more resilient than consensus gives the company credit for’. The fund has also opened a new position in PC and mobile-based video games company Nexon (3659.T), which owns games franchises in China and Korea. ‘It is a high margin, cash generative business trading at an attractive valuation – one much cheaper than global gaming peers,’ said Ho Sohn. Within the semiconductor sector, the fund has benefited from a position in Intel (INTC.O), which is ‘working through security issues with its chips’ and should ‘benefit from growth and margin expansion driven by demand for data centres’. The fund has a new position in semiconductor equipment company KLA-Tencor (KLAC.O), which Ho Sohn said has a ‘dominant position in metrology and inspection tools’.
littleredrooster
10/7/2018
17:23
$761 million has been stolen from digital currency exchanges so far this year https://www.express.co.uk/finance/city/985964/Bitcoin-price-ripple-cryptocurrency-ethereum-BTC-to-USD-XRP-Joseph-Stiglitz Bitcoin price warning: BTC will drop to ‘$100' after being 'regulated into oblivion' BITCOIN could be “worth just $100 in 10 years” says Nobel Prize-winning economist Joseph Stiglitz who claims digital currencies will be “regulated into oblivion” in a future clampdown on money laundering. By David Dawkins PUBLISHED: 12:23, Mon, Jul 9, 2018 Joseph Stiglitz, the former chief economist of the World Bank has warned the crypto community central banks have not yet clamped-down on bitcoin and other leading coins because the market is still relatively small. The Columbia University professor told Financial News that once crypto “becomes significant” they will “use the hammer”. He said: “People in power will move to regulate anonymous transactions. That you can be sure of. “Bitcoin could easily be worth just $100 in 10 years.” Professor Stiglitz says that the main problem with bitcoin and other decentralised cryptocurrencies comes from the conflict between the near anonymity for users and the necessary transparency needed for a banking system. He said: “You cannot have a means of payment that is based on secrecy when you’re trying to create a transparent banking system. "If you open up a hole like bitcoin then all the nefarious activity will go through that hole, and no government can allow that.” On the need for regulation, industry onlookers are in agreement that changes are needed and new rules would help bring in the next wave of investment from big bank and institutional investors. However more shocking losses are expected to surface, leaving risk-adverse money markets unsure over what’s often dubbed a ‘wild west’ for investors According to new data from cybersecurity firm CipherTrace, $761 million has been stolen from digital currency exchanges so far this year compared to $266 million for the whole of 2017. Yet in the UK, trust in the exciting new technology appears to be on the up with recent discussion in the UK being described as a “model example” for how regulation should be fashioned. Last week MPs heard from a Treasury select committee on the potential for fraud, money laundering, hacking, crypto-jacking and phishing in the crypto space. The meeting has been viewed by industry onlookers as a positive step, and Kevin Murcko, CEO of cryptocurrency exchange CoinMetro argued that the Treasury hearing "set the right tone for the future of crypto-assets in the UK – one that reconciles the risks and benefits of the asset." During the hearing Director Donald Toon, Prosperity Command at the National Crime Agency, told MPs that the use of crypto-assets in money laundering was minimal, and that it paled in size to other laundering strategies. While Martin Etheridge, Head of Note Operations at the Bank of England, argued that crypto didn’t pose a threat to financial stability. (Today 1 Bitcoin = 6,384 United States Dollar)
littleredrooster
02/7/2018
08:26
https://uk.advfn.com/stock-market/NYSE/CS/share-news/Facebook-Google-Arent-Tech-Stocks-What-That-Mean/77778848 Facebook, Google Aren't Tech Stocks? What That Means for Investors 01/07/2018 5:39pm Dow Jones News By Danielle Chemtob The technology sector's dominance of the stock market is about to face a big test. Facebook Inc. and Google parent Alphabet Inc. are expected to say goodbye in September to the highflying tech sector of the S&P 500. They will join a new communications-services group that will also house media giants such as Netflix Inc. and Comcast Corp. that now reside in the consumer-discretionary group. This is far more than mere housekeeping on the part of an index provider. The revisions mean that funds tracking the current telecom, tech and consumer-discretionary sectors will be forced to trade billions of dollars of shares to realign their holdings before the moves become effective Sept. 28. The new sector's weighting in the broad S&P 500 will be more than 10%, up from less than 2% for the current telecom sector, according to a report from Credit Suisse. Some investors expect a pickup in volatility -- and price swings -- when the changes take effect as tech-focused funds drop Facebook and Alphabet. "It's almost like a philosophical question," said Jonathan Golub, chief U.S. equity strategist at Credit Suisse. "If we group companies differently, does that change the behavior of investors?" The answer: Most likely. Mr. Golub said he expects there will be "arbitrage opportunities" for traders and investors who are able to take advantage of any volatility. Here's what's happening: S&P Dow Jones Indices and MSCI Inc. are restructuring the current telecommunications sector in the S&P 500, which houses only three stocks: AT&T Inc.; Verizon Communications Inc.; and CenturyLink Inc. The sector's influence on the broader S&P 500 has waned over the years because of consolidation in the industry. So the sector can swing wildly when the stock price of just one company in the group moves. Those issues should be addressed by the index providers' plan to broaden the sector to include companies that focus on communication and offer content and information. They are scheduled Monday to unveil the full list of companies subject to the restructuring, having in January already have named some of the big companies affected by the changes. Already, some of the big fund companies are trying to limit the upheaval in the markets by setting up new funds that track the proposed communications sector ahead of its launch. So far, investors have been slow to take advantage. State Street Corp.'s new Communication Services Select Sector SPDR began trading June 19, but just $135.8 million has flowed into it as of Friday, according to FactSet. Vanguard's Communication Services Fund, a transition benchmark that began tracking the companies proposed for the new sector back in March, has seen minimal fund flow since the announcement, according to FactSet. "Because you're bringing in some names with much larger market caps for that index and names that are very top of mind...it wouldn't surprise us that investors would at least take a closer look," said Rich Powers, head of ETF product management at Vanguard. The changes create big opportunities for growth investors who have long shied from telecom companies, which are considered value plays for their steady dividend payments. Chris Cook, president and CEO of investment adviser Beacon Capital Management, said he nearly pulled his clients' assets out of Vanguard's telecom exchange-traded fund earlier this year because the firm was facing liquidity issues when trying to trade large blocks of shares. Beacon manages $3 billion in assets, the vast majority in ETFs tracking the 11 S&P 500 sectors. "It wasn't a diversified sector, and that's why we buy ETFs and invest at the sector level," he said. The proposed communication-services sector would have outperformed the S&P 500 since 2013 and would have gained 6.9% this year through June 15, compared with the S&P 500's 4% gain through that date, according to Credit Suisse. The current telecommunications sector, meanwhile, has underperformed this year, suffering the biggest losses of all 11 sectors in the index with an 11% decline through Friday. For those investors who want to make a blanket investment in growth companies, the technology sector may no longer be the best bet. The new consumer-discretionary sector will have the highest share of growth companies, followed by communication services, according to projections from State Street that were based on the initial list of companies affected. The makeup of the technology sector, considered the darling of growth investors, will fall to 49% growth from 61%. Meanwhile, investors who favor telecom stocks for their dividends and use passive funds that track the sector as a way to hedge against risk will also need to make changes. The new sector is expected to yield just 1.2%, according to Credit Suisse, compared with the current 5.6% yield of the telecom sector, which is the highest of any of the 11 S&P 500 sectors. "The guy that may hold [a telecommunications fund] may be an individual who is risk averse and who likes yields," Mr. Golub of Credit Suisse said. "He may wake up and the weights of AT&T and Verizon in that mutual fund are going to be much smaller, and he's going to end up with a bunch of Netflix and Google and Facebook. And he may be saying, 'Wait a second this isn't what I thought I had.'"
littleredrooster
29/6/2018
17:03
hTTps://www.wsj.com/articles/brexit-killing-london-as-financial-hub-not-just-yet-1530277668 Brexit Killing London as Financial Hub? Not Just Yet A feared flood of bankers out of the U.K. has turned out to be a trickle By Max Colchester and Patricia Kowsmann June 29, 2018 9:07 a.m. ET "Brexit was meant to be a crippling blow to London’s position as the financial capital of Europe. With eight months to go before the U.K. is set to leave the European Union, the British capital’s role remains mostly undiminished, and no single other European city is close to claiming its crown. One key measure: what was expected to be a flood of bankers out of London to continental Europe has turned out to be a trickle."
littleredrooster
27/6/2018
15:13
Tencent is hunting for takeover targets in Britain Seems somewhat ironic that my holding in Tencent is now being used to invest in the UK.
littleredrooster
27/6/2018
01:58
The UK is in the top of our basket of considerations http://www.thisismoney.co.uk/money/markets/article-5880389/Chinas-biggest-technology-company-sets-sights-pioneering-UK-rivals-plots-global-expansion.html China's biggest technology company sets sights on pioneering UK rivals as it plots global expansion By Matt Oliver For The Daily Mail Published: 21:51, 24 June 2018 China's biggest technology company has set its sights on pioneering UK rivals as it plots a global expansion. Tencent is hunting for takeover targets in Britain because of the country’s talented entrepreneurs and impressive investment record, according to senior figures. And one of its top executives pointed to the billions of pounds of investment that had flowed in since the Brexit vote. However its interest in UK firms is likely to prompt concern from security experts. China has made bolstering its high-tech industries a national priority, with its moves to snap up foreign rivals causing unease in the West. Sir Gerald Howarth, a former Tory defence minister, said: ‘Ministers need to identify those industries that it would be prudent to watch closely so that, if companies are going to be sold, they can look at what threat it might pose to Britain’s national interest – and particularly security.’ Since the referendum in 2016, £5 billion has been ploughed into UK tech firms by venture capital funds – more than double any other European country. Tencent has already invested in British artificial intelligence start-up Medopad, partnered with Babylon Health and taken a minority stake in London-listed video games maker Frontier Development. Though largely unknown to most Western consumers, Tencent is China’s second most-valuable company. Most of its income comes from the lucrative video games business, where it distributes many Western hits such as Fortnite in the country. But it also owns Wechat, the hugely-popular Chinese messaging app – that also allows people to pay for shopping, hail taxis, play games and find restaurants. The app has 1 billion active users, more than 70 per cent of China’s population. Tencent employs some 45,000 staff and has built an entertainment empire as well. Its Tencent Music business is more popular than Apple and Spotify’s rival services in China, while it has helped to finance Hollywood blockbusters such as Wonder Woman and Kong: Skull Island. In the UK it helped jointly finance nature documentary Blue Planet 2 – watched by 220 million people worldwide – with the BBC. Seng Yee Lau, a senior executive vice president at Tencent, said: ‘The UK is in the top of our basket of considerations in our global merger acquisition market.’
littleredrooster
25/6/2018
20:38
hTTps://uk.webfg.com/news/international-economic/trump-chinese-high-tech-restrictions--3363166.html Caoimhe Toman WebFG News 25 Jun, 2018 11:54 Trump clamps down on Chinese investment in US tech firms The US Treasury is drafting regulations that would block Chinese companies from buying US tech firms and stop US companies transferring important tech to China. Initial regulations would look to stop organisations with at least 25% Chinese ownership from investing in American companies that involve “industrially significant technology”. Following his Friday threat to impose tariffs on imported cars from Europe, the latest move in the mushrooming US-Chinese trade war, President Donald Trump said on Sunday that the government would limit Chinese access to US tech and will block additional technology exports to Beijing, the Wall Street Journal reported. The National Security Council and the Commerce Department are planing "enhanced" export controls to avoid shipments of technology to China. According to the WSJ, the White House's new plans would only affect new deals and not existing ones, but US-China joint ventures would not be able to make additional investments on certain US tech. These initiatives are sure to slow and possibly prevent China from reaching its goal to become a global leader in 10 broad areas of technology by 2025. Commerce Secretary Wilbur Ross told the newspaper: “The President has made clear his desire to protect American technology. All possibilities that would better protect American technology, including potential changes to export controls, are under review.” These plans come after China and the EU decided to hit back at US tariffs against the states that elected Trump as president, just ahead of the US midterm elections. It’s likely that the US will be hit hard if it continues to ramp up the tariffs. One Chinese state media outlet cited research by the Rhodium Group pointing to a 92% drop in Chinese investment in the US to $1.8bn in 2018, its lowest level in seven years. Prior to the announcement from Washington, the People's Bank of China had cut the capital reserve requirements for domestic Chinese banks to the lowest level since 2010, as Beijing hopes to free up funding as the trade war looks set to slow down economic growth. https://www.theguardian.com/business/2018/jun/24/tariffs-trump-china-red-states-retaliation
littleredrooster
21/6/2018
16:07
The Dutch East India Company raised 78 million Dutch guilders in the early 1600s, equivalent to $7.4 trillion today Ah, those were the days! hTTp://citywire.co.uk/money/faangs-are-fine-but-we-prefer-smaller-tech-stocks/a1131141 ‘FAANGs are fine but we prefer smaller tech stocks’ Neil Goddin, Citywire A-rated manager of Kames Global Sustainable Equity fund, says US tech titans have further to run but smaller tech stocks could grow faster. by Jennifer Hill on Jun 21, 2018 at 08:07 "‘FAANG’ stocks have further to run, but smaller tech players stand to grow faster and deliver superior returns to shareholders, according to Kames Capital. While Facebook (FB.O), Apple (AAPL.O), Amazon (AMZN.O), Netflix (NFLX.O) and Google (GOOG.O) have seen their share prices soar ever higher this year, with some now closing in on the fabled $1 trillion (£760 billion) valuation, history suggests they have further to go. A direct comparison of their valuations with tech giants of the past shows they are not overvalued. Apple’s current market capitalisation is $950 billion, with Amazon closely behind at $823 billion and Alphabet (Google’s parent) at $795 billion. Cisco was worth $500 billion in 1999, but that is equivalent to $725 billion today and General Electric peaked at $572 billion in 1999, equivalent to $800 billion when adjusted for inflation. The Dutch East India Company raised 78 million Dutch guilders in the early 1600s, equivalent to $7.4 trillion today. Moreover, all of the FAANG stocks have improved their position in Kames’ in-house stock-screening process, which ranks companies based on their prospects for performance. ‘The strong fundamentals have shone through and so far in 2018 the FAANG stocks have actually improved their screen ranking, driven by strong earnings growth,’ said Neil Goddin, its head of equity quantitative analysis. Nevertheless, the Citywire A-rated manager has next to nothing in FAANG; he sees greater opportunities in a growing band of small and ‘mid-cap’ tech stocks that are climbing the rankings more rapidly. His two-year-old Kames Global Sustainable Equity fund has 3.1% of its assets in Facebook, but just 8.7% in mega caps overall – pointing to a ‘clear trend away from mega caps’. Its larger sister fund, Kames Global Equity , only invests in companies worth less than $30 billion and has 24.3% in information technology, many of them small and mid-cap names. ‘Ask anyone to name the top ten companies in the world and there would likely be a lot of commonality in their answers,’ said Goddin. ‘There are lots of funds out there investing in the biggest companies in the world; we want to do something different.’"
littleredrooster
19/6/2018
23:51
2 billion active Android devices .. a huge potential opportunity hTTps://www.theverge.com/2018/6/12/17456814/fortnite-battle-royale-epic-games-125-million-players-first-year-e3-2018 Fortnite now has 125 million players just one year after launch That’s a lot By Nick Statt Jun 12, 2018, 9:12pm EDT Developer Epic Games announced today that Fortnite has grown to 125 million registered players in less than a year. The metric, confirmed in a blog post about the game’s $100 million e-sports competition, is the first updated player figures from Epic since the company confirmed the game had been downloaded 45 million times back in January. Just last week, Epic investor Tencent confirmed that 40 million people play the game at once a month. Fortnite came out in July 2017, and its battle royale game mode didn’t launch until September 2017. It’s no wonder Fortnite has ballooned in popularity given that is both free and accessible on almost every major platform, including the Nintendo Switch as of earlier today. The only player base left untapped right now is Android, which is, of course, the largest on the planet due to the number of Android smartphones. Last year, Google announced there were more than 2 billion active Android devices across the globe. So that’s a huge potential opportunity for Epic to continue growing its battle royale hit.
littleredrooster
19/6/2018
15:15
hTTps://www.theverge.com/2018/5/24/17390004/fortnite-battle-royale-money-made-revenue-300-million-april-2018 Fortnite made nearly $300 million in the month of April Sales from Epic Games’ battle royale title more than doubled in just two months By Nick Statt May 24, 2018, 1:28pm EDT Epic Games’ Fortnite generated $296 million in the month of April across mobile, console, and PC platforms, according to digital game sales tracker SuperData Research. That amount is more than double what the game generated in the month of February, when it earned $126 million and surpassed Playerunknown’s Battlegrounds in monthly sales for the first time. The big difference between the games, and what really makes Fortnite shine, is Epic’s free-to-play model, which gets the title into as many players’ hands as possible and recoups the money, and then some, by way of in-game purchases. Epic sells players cosmetic items that do not affect gameplay, including goofy and topical character costumes and in-game dance moves purely for vanity purposes. It also sells a season subscription called the Battle Pass for around $10. Still, the company sells these items at such an alarming quantity that Fortnite made more money in April than Avengers: Infinity War did on its opening weekend later that same month. There’s a few reasons why Fortnite sales continue to climb. The game launched on mobile with an iOS beta in mid-March, and in the first week of April, it became available to everyone on Apple’s platform. That expansion of the iOS version of the game likely helped drive a significant amount of money, as mobile analytics firm Sensor Tower now reports the game is making more than $1 million on a day on mobile alone. In addition to that, Epic’s third season of the game was coming to a close in April, ahead of the much anticipated season 4 launch on May 1st. So many players may have spent money at the tail of the season to unlock exclusive rewards, like the coveted John Wick skin, that would be going away when the season closed at the end of the month. There’s reason to believe the game will only continue to get bigger. Epic is planning an Android release sometime this summer. The developer also announced earlier this week that it plans to put $100 million toward prize pools for Fortnite competitions in the first year of play, which is slated to begin later this year and stretch into 2019. If all goes according to the company’s plan, that should mean Fortnite stays at the forefront of e-sports and Twitch and YouTube streaming as it starts attracting high-profile competitive players and bigger venues for tournaments. At the E3 expo next month in Los Angeles, Epic is hosting its first big official celebrity event, titled the Fortnite Celebrity Pro Am, featuring 50 streamers and 50 celebrities all competing in teams of two. https://mobile.twitter.com/BlackbirdCloud/status/1007693535527800832? Blackbird Cloud Video 15 Jun 2018 What a great action-packed week! From working on Fortnite in LA, to seeing familiar faces at MediaProductionShow & listening to top sessions at AISummit - it's been awesome. Have a great weekend everyone!
littleredrooster
14/6/2018
02:58
But was any of the manipulation illegal? hTTps://uk.webfg.com/news/international-economic/bitcoins-meteoric-rise-was-the-result-of-manipulation-new-report-says--3345618.html Iain Gilbert WebFG News 13 Jun, 2018 19:03 Bitcoin's meteoric rise was the result of manipulation, new report says As much as half of the Bitcoin boom in 2017 may have been part of a campaign of price manipulation, according to a new paper by John Griffin, an academic known for his ability to spot fraud in financial markets. Griffin, a finance professor at the University of Texas, and Amin Shams, a graduate student, looked at the flow of digital tokens moving through Bitfinex, one of the largest and least regulated cryptocurrency exchanges in the world, and saw distinct patterns that suggested that the exchange aimed to push up prices when they dipped at other exchanges. In order to achieve their goals, the person or persons involved used Tether, a virtual currency sold by the owners of Bitfinex, to stock up on other cryptocurrencies. Many within the crypto industry accused Bitfinex of being at least partly responsible for artificially inflating the price of Bitcoin at the time and the paper looks set to pour fuel on the fire of an existing debate over just how much of Bitcoin's meteoric rise was caused by the covert actions of a handful of players, rather than actual demand from legitimate investors. "There were obviously tremendous price increases last year, and this paper indicates that manipulation played a large part in those price increases," Griffin said. Bitfinex, which has previously denied it was involved in any kind of manipulation, is registered in the Caribbean, holds offices in Asia, and was subpoenaed by US regulators shortly after concerns over its actions were raised in 2017. Griffin and Shams scoured through millions of transactions on the blockchain, to identify patterns, a method that, while not conclusive, has aided government authorities and academics in spotting suspicious activity in the past. Griffin and Shams focused on the use of Tether, a token that is allegedly tied to the value of the US dollar, and found that 50% of the rise in Bitcoin in 2017 could be traced to the same times as Tether had flowed to a select group of other exchanges, specifically when the cryptocurrency's price was on the decline. Bitfinex did not respond to requests for comment.
littleredrooster
07/6/2018
15:17
the first time a streaming service has broadcast UK top-flight football live .. The Premier League is the most watched sports league in the world hTTp://www.netimperative.com/2018/06/amazon-to-stream-20-live-premier-league-matches-from-next-year/ Amazon to stream 20 live Premier League matches from next year June 7, 2018 Amazon has won the rights to stream Premiere Leagues games, amounting to 20 matches per season, from 2019 onwards. The internet retail giant was among bidders for two packages of games which failed to make their reserve price during an auction in February. That original bidding process saw Sky, the owner of Sky News, secure more games for less money for the lifetime of the new contracts – due to run over three seasons from 2019/20. BT was handed an additional package of live games in the final round at a total cost of £90m, taking its tally of games per season to 52 versus the 128 for Sky. Amazon gets 20 games per season but its entry is significant because it marks the first time a streaming service has broadcast UK top-flight football live. The amount it paid was yet to be disclosed. Jay Marine, vice president of Prime Video in Europe, said: “We are always looking to add more value to Prime, and we’re delighted to now offer, for the first time, live Premier League matches to Prime members at no extra cost to their membership. “The Premier League is the most watched sports league in the world. “Over these two December fixture rounds Prime members will be able to watch every team, every game, so no matter which Premier League team you support, you’re guaranteed to see them play live on Prime Video.”The Premier League’s executive chairman, Richard Scudamore, added: “Amazon is an exciting new partner for the Premier League and we are very pleased they have chosen to invest in these rights. “Prime Video will be an excellent service on which fans can consume live Premier League football – including for the first time in the UK a full round of matches – and we look forward to working with them from season 2019/20 onwards.”
littleredrooster
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