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The owner of the most watched TV broadcast network in the US, CBS Corporation, and its former parent company, Viacom (which owns, among other assets, Paramount Pictures studio), announced to have reached an agreement to merge into a new company to be named ViacomCBS.
The European Commission opened a consultation on whether to extend the term of protection of the rights of performers and producers in the audiovisual sector from 50 years to 70 years.
The EU's top court has ruled that a media regulator is allowed to decide that audiovisual media services providers and distributors of TV channels (including over the Internet) are only allowed to broadcast or retransmit a TV channel licensed in another member state in their pay-to-view packages when this is necessary on public policy grounds.
The regulator concluded tests to address potential interference between 5G and broadcasting services in the 3.5 GHz band. The 5G auction including this band is expected to take place in March 2020.
The President of Colombia signed the new law on modernisation and convergence of the information and communication technology (ICT) sector. The new law will create a converged regulator, aims to provide more legal certainty and improved conditions for new ICT investment across the country.
The Colombian pay TV market shows growth, as opposed to other countries in the Latin America region which have been hit by a widespread cord-cutting phenomenon. The total number of pay TV subscriptions in Colombia in 1Q 2019 reached 5.9m, corresponding to 72% of households.
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