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SES sees no value in content preparation, cuts MX1 UK loose

SES has sold part of MX1 – the satellite fleet operator’s prodigal OTT-centric spin off – in a bizarre series of events reflective of a company which doesn’t know whether it’s coming or going. Why on earth would SES cut off part of a business it only just finished reintegrating into the core SES Video segment? Faultline’s first thought was how the sale reeked of a series of serious mismanagement choices which have ultimately resulted in SES exiting a highly lucrative video streaming market. But there is some method in the madness. MX1 UK is expert in content preparation, which by SES’s own admission is not an integral part of its roadmap going forwards. For once, we have to agree…

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