Netflix’s announcement this week that it will soon be the new home of World Wrestling Entertainment’s weekly live show, Raw, is one of the latest signs of the shifting environment of sports media rights. The 10-year rights deal—which Reuters reported was for more than $5 billion—enables the streaming ... READ MORE >
TMT
AI advancements may be easing impact of tech sector layoffs
Two focus areas in the technology sector so far this year—advancements in generative artificial intelligence and industry layoffs—may be offsetting each other when it comes to their net impact on the tech workforce. From January to April, 135,000 tech workers were laid off (according to Crunchbase), ... READ MORE >
Outer space: an endless frontier of opportunities for federal contractors
While inflation and macroeconomic uncertainty continued, interest in space demand drew attention from notable investors, international governments and key players in the federal contractor market in Q3. Space and intelligence players navigated their short- and long-term objectives to successfully execute ... READ MORE >
Private equity investment a bright spot for tech, media, telecom companies
In the first 10 months of 2022, private equity investment in technology, media and telecommunication (TMT) companies increased, indicating bright spots in the investment landscape for middle market companies in this sector even though venture capital and private corporate M&A investment activity ... READ MORE >
New entrants are changing the face of Canada’s telecom industry
Canadian consumers pay some of the highest internet connection fees around the globe, but a recent surge in spectrum licenses doled out to smaller telecom companies could mark the beginning of a shift for the industry’s competitive landscape there. Canada’s government dished out 1,495 licenses to 15 ... READ MORE >
Biden’s $1 trillion infrastructure package and the telecom sector
On Nov. 15, President Biden signed a $1.2 trillion infrastructure package—The Infrastructure Investment and Jobs Act—that provides historic funding levels to improve public works, including roads, bridges, highways, internet access and the power grid, as well as to mitigate the effects of climate change. ... READ MORE >