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COVID-19 to have limited impact on telecoms and pay TV spending in 2020

2020-05-15 17:00:53| Digital TV News

Worldwide spending on telecommunications and pay TV services will reach nearly $1.6 trillion in 2020, a decrease of 0.8% compared to 2019, according to IDC. IDC expects the decline to continue in 2021, but at a somewhat lower degree.

Tags: in tv limited pay

 

Hess Posts Quarterly Loss, Deepens Spending Cuts on Virus-fueled Oil Rout

2020-05-07 15:11:17| OGI

U.S. crude collapsed this year, and remains down about 60% from January despite a recent rally.

Tags: posts loss oil spending

 
 

Pioneer Natural Resources Boosts Spending Cuts as Oil Slump Bites

2020-05-06 23:30:00| OGI

Permian Basin shale producer Pioneer Natural Resources now expects 2020 capex between $1.4 billion to $1.6 billion, down from its prior estimates of $1.7 billion and $1.9 billion.

Tags: resources natural oil spending

 

Young Australians spending more time on the internet than watching TV

2020-05-05 12:00:16| Digital TV News

New research from Roy Morgan reveals that Young Australians aged 6-13 spend an average of 10 hours a week on the internet at home, up 0.3hrs from two years ago. Kids are spending more time on the internet at home than watching TV (9.4 hours).

Tags: time internet tv young

 

Coronavirus: US to borrow record $3tn as spending soars

2020-05-05 00:03:11| BBC News | Business | UK Edition

The sum is more than five times the previous quarterly record, in the 2008 financial crisis.

Tags: record spending borrow soars

 

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