You will be redirected back to your article in seconds

Euros probe TV news

EC eyes deals in wake of competition rules

The European Commission announced Monday that it will investigate the deal between several TV companies, including BSkyB, CBS Overseas, RTL and CLT, related to the collection and broadcasting of satellite news.

In a notice published in the European Union’s Official Journal, the Commission advised that the agreements could fall afoul of EU competition rules, and called on all interested parties to give their comments on the deal within 30 days.

In its notice, the Commission states that it received notification in December 1996 of an agreement between BSkyB and European News Exchange (ENEX), a Luxembourg-based company whose shareholders are RTL Plus, M6, RTL 2, TVi and Compagnie Luxembourgoise de Television (CLT).

The same deal was inked between ENEX, which aims to promote the exchange of news material on a nonprofit basis, and a number of commercial broadcasters, including CBS Overseas, Vlaamse Televisie Maatschappij, RTL Plus Deutschland Fernsehen, Tokyo Broadcasting System, Metropole Television (M6), RTL 2 Fernsehen, RTL 4, RTL TVi, CNTS Nova, RTL Luxembourg, RTL Poland, SIC Portugal, NTV Russia and Telenoticias Latin America.

The aim of the deal is to allow broadcasters to cut news gathering costs by collaborating on and sharing news stories occurring in their respective territories.

More Biz

  • eOne Names Bill Wilson Senior VP

    eOne Names Bill Wilson Senior VP

    Entertainment One (“eOne”) has tapped Bill Wilson as Senior Vice President Digital Operations and Innovation, Music, the company announced today. Wilson will oversee all aspects of digital strategy across the company’s music business, including label service, talent management, music publishing and live entertainment, according to the announcement.  Wilson will be based in New York City and [...]

  • Santa Fe Studios Netflix

    Santa Fe Studios Competes With Other New Mexico Stages for Streaming Business

    Albuquerque Studios entered the spotlight last October when it was purchased by Netflix. While the complex is clearly the jewel in the crown of New Mexico’s production infrastructure, with eight soundstages totaling 132,000 square feet, 100,000 square feet of production offices, a large backlot and support space, it’s not the only modern studio facility in [...]

  • Universal Music Hires JJ Corsini and

    JJ Corsini and Chris Hovsepian Join Universal Music in Global Artist Development Roles

    Universal Music Group today announced that JJ Corsini and Chris Hovsepian (pictured above, right and left, respectively) each have been named Senior Vice President, Artist Development, effective Wed., May 1. They join from Apple Music, where they served as key members of the company’s Global Artist Relations team since the launch of the streaming service. [...]

  • Kevin Mayer Disney chief strategy officer

    Disney to Put Emphasis on Asia Growth, Direct to Consumer

    The newly expanded Walt Disney is to place particular emphasis on Asia as it rationalizes its recent acquisition of 21st Century Fox and as it prepares to expand its direct-to-consumer (D2C) businesses. “Asia Pacific is one of the growth drivers [of the new Disney]. Asia is super important to us,” said Kevin Mayer, chairman of [...]

  • Woodstock 50 Promoters Issue Statement on

    Woodstock 50 Promoters Issue Statement on Ticket On-Sale Delay

    The organizers of the Woodstock 50 anniversary festival — scheduled for Aug. 16-18 in Upstate New York and headlined by Jay-Z, Dead & Company, Miley Cyrus and others — have issued a statement on the delay in the event’s ticket on-sale date, which was originally scheduled for Monday but was abruptly postponed over the weekend. [...]

  • In this image released, general views

    Comcast Considers NBC Sky News Channel as NBCUniversal Revs Streaming Strategy

    Comcast is considering the launch of a news channel that would draw from the resources of NBC News and Sky News. Comcast chairman-CEO Brian Roberts dropped that tidbit during his remarks Thursday morning on the cable giant’s first quarter earnings call with Wall Street analysts. NBCUniversal CEO Steve Burke also spoke enthusiastically about NBCU’s progress [...]

  • Brian Roberts Olympics NBC Comcast

    Comcast Q1 Profit Rises On High-Speed Internet, Sky Results

    Comcast Corp. said profit for the first quarter of 2019 rose 14% thanks to new subscribers coming to its cable unit for high-speed online service and the addition of its recently acquired Sky PLC European-satellite business. The owner of NBCUniversal and the Comcast cable business said profit came to $3.55 billion, or 77 cents a [...]

More From Our Brands

Access exclusive content