Broadcast management software developer SintecMedia has bought Operative Media, a digital advertising business management applications firm. The deal is reputed to be worth £157m. Operative’s management team, including founder Lorne Brown, are also investors in the combined business. Brown will take the role of ... Read More

Virtual Reality Alliance to Headset firms Google, Facebook, HTC Vive, Samsung, Sony and Acer Starbreeze have formed the Global Virtual Reality Association (GVRA). The alliance of headset manufacturers has been set up with the aim of promoting the growth of the global VR industry by ... Read More

The Baselight Two 4K colour grading systems, each with a Blackboard 2 control surface, were installed last month. The installation of FilmLight kit also includes a Baselight Assist for finishing and rendering, and two Baselight Conform Mac OS X software seats for content preparation. Sky ... Read More

Foundry CTO VR needs a killer app to succeed .. The chief technology officer of software firm The Foundry has stressed the need for compelling content if virtual reality is to succeed. “A lot of money ... Read More

Presteigne Broadcast Hire has appointed former Gravity Media Group commercial director Adrian Young as its chief operating officer. He will be responsible for all internal operations and external business development initiatives. Young will also be tasked with identifying key acquisition targets and potential partners for the firm, which is now owned ... Read More

Sony’s Media Backbone Hive has been named winner of the 2016 IABM Peter Wayne Award for Design and Innovation. At the same time, Signiant chief executive Margaret Craig has been chosen as the Broadcast & Media Technology Woman of the Year, while EastEnders series co-ordinator Suzanne Dolan has ... Read More

The move to a subscription-based business model has been blamed for Autodesk’s revenue decline in the third quarter of 2016. Sales from its Media and Entertainment division fell 13% year-on-year, slightly ahead of its overall sales, which were down 18%. Autodesk, maker of the Flame ... Read More