Worldwide spending on telecommunications and pay TV services is forecast to reach $1.5 trillion in 2021, representing an increase of 1.0% over 2020, according to the International Data Corporation (IDC).
STV Production & Take Two will take on ‘Luther’, ‘The Office’ & ‘Doctor Foster’ productions, all based in Scandinavia, all through a collaboration with BBC.
The new establishment, aiming to showcase John le Carré productions, was created through a collaboration with Hong Kong and London-based media investment firm 127 Wall Productions
The company announced total quarterly revenues of US$3.05 billion, a 12% increase from the $2.72 billion of revenues reported in the prior year quarter.
Tim Davie, the corporation’s Director General, announced that the company’s entire output will in the future be constantly analyzed for any impartiality breaches as part of a series of rolling external investigations.