Italian media company Prima TV has expressed an interest in acquiring a stake in Italian channel producer Giglio Group, ahead of its listing on the Italian Stock Exchange. Giglio Group has been present in Italy for over 10 years with the channels Music Box, Yacht & Sail, Play.me, Acqua and, internationally, with the Nautical Channel […]
Spain’s Comisión Nacional de los Mercados y la Competencia (National Commission of Markets and Competition) has fined Telefónica and pay-TV operator DTS a total of €15.5 million for anti-competitive behaviour in relation to agreements and concerted action in the acquisition, resale and exploitation of football broadcast rights for the seasons 2012/2013 to 2014/2015. According to […]
US telco AT&T has completed its $48.5 billion (€44.2bn) acquisition of pay-TV provider DirecTV following the Federal Communications Commission’s approval – with conditions – of the deal. The FCC determined that granting the merger application was in the public interest. The newly-combined company will become the largest pay-TV provider in the United States and the […]
Zegona – an operating company established in March 2015 with the objective of acquiring businesses in the European Telecommunications, Media and Technology sector – has reached agreement with global alternative asset manager, The Carlyle Group and Liberbank, to acquire Telecable de Asturias S.A., the leading quad-play telecommunications operator in Asturias, North West Spain, for an […]
The UK Court of Appeal has rejected an appeal of one of the patent cases brought by Rovi against Virgin Media. The Court comprehensively dismissed Rovi’s claims. Rovi originally sued Virgin Media in the High Court in relation to a patent centred on the ability to pause-and-resume on-demand TV programmes on different devices. The High […]
Alain Weill, the Chairman, CEO, Founder and main shareholder of independent multimedia company NextRadioTV and Patrick Drahi, the Chairman and Founder of multinational cable, fibre, telecommunications, contents and media company Altice have signed a strategic partnership of their groups to invest in and to accelerate the development of multimedia projects in both France and other […]
If the general comment that a ‘rising tide raises all boats’ is accepted then the opposite is also true, and on July 24th the tide absolutely went out for the world’s three major satellite stocks. SES had a terrible day, with its share price tumbling 8.16 per cent (€2.54) to €28.60, not helped by poor […]
BT has announced price hikes for its broadband and landline services. The telco has confirmed that broadband prices will also increase by 6.9 per cent from September 20th. BT said its price rises come on the back of similar increases by other telecoms providers, including Sky, TalkTalk and Virgin Media. Standard line rental is to […]
Ka-Sat, once thought to be something of a €400 million ‘ugly duckling’ on the Eutelsat fleet, is fast turning into a rather attractive swan. Although Eutelsat has – to date – never broken out the revenue or profit margins on Ka-Sat perhaps more will be learnt this coming July 30th, when it unveils its end […]
Nintendo is shutting down its video service for the Wii U console less than three years after it launched. The gaming giant confirmed that TVii will be ending on August 11th, via a message on a company support page. “Every service has a life cycle, and it is time to focus our resources on other […]