Comcast Corporation and General Electric have closed their transaction to create a joint venture, NBCUniversal, LLC. Under the terms of the transaction, GE contributed to the joint venture NBC Universal, Inc.’s businesses, including its cable networks, filmed entertainment, televised entertainment, theme parks, and unconsolidated investments. Comcast contributed its cable networks, including E!, Versus and the […]
KIT digital, the provider of cloud-based video asset management solutions for multi-screen delivery, has made three separate acquisitions aimed consolidating the IP video market and creating a truly ‘Lens-to- Lens’ video offering. The deals involve New York City-based KickApps, Paris-based Kewego, and San Francisco-based Kyte, for aggregate consideration of approximately $77.2 million. “These strategic acquisitions […]
AOL Europe, part of web services giant AOL, has acquired the video distribution network goviral in a $74.1 million deal. In addition, $22.6 million of consideration will be deferred and paid over two years following completion. goviral distributes branded video content across the Internet for brands, media agencies, creative agencies, and content producers. goviral is […]
UK commercial broadcasters’ marketing body Thinkbox has revealed that live, linear TV viewing figures in the UK for 2010 were the highest since records began. According to new figures from the Broadcasters’ Audience Research Board (BARB), in 2010 the average TV viewer watched 28 hours, 15 minutes of live, linear TV a week (4 hours, […]
The past couple of years have not been good for pay-radio’s prospects in Europe. We’ve seen the Worldspace catastrophe, now well over two years into its Chapter 11 bankruptcy (WS filed in October 2008) and with legal bills still running into the hundreds of thousands of dollars a month. Worldspace’s European and other international operations […]
Following the launch of the company’s interactive Connected TV and STB platform in December 2010 at the AppsWorld trade event, UK-based Green Button Media has revealed Oggle as the name for the platform’s consumer brand. Green Button’s Founder and Chairman, Barry Rubery, believes Oggle can become the brand name on everyone’s lips when talking about […]
Football’s governing body FIFA has confirmed the extension of its broadcast rights agreement with Al Jazeera Sport for the 2018 FIFA World Cup Russia and the 2022 FIFA World Cup Qatar. The agreement is the first to be signed in FIFA’s media rights distribution process for the 2018 and 2022 FIFA World Cups, which it […]
Confirming Ofcom’s recommendation of a referral, Hunt said that in accordance with his duties to meet relevant parties, he met with News Corporation on 6 January to set out the process that he would follow and briefly explain Ofcom’s conclusions. “Having informed them of the process I then wrote to News Corporation and BSkyB on […]
France Telecom’s Orange has revealed that it is in exclusive negotiations with Dailymotion, the world’s second largest online video site, with a view to taking a 49 per cent share in the operation. Once complete, the deal, valued at €58.8 million, will provide Orange with the opportunity to develop a complete multi-screen video offer From […]
Online video management service thePlatform and Adobe Systems have confirmed an alliance aimed at providing enhanced solutions for the delivery of online and mobile content with secure video management and publishing services for media publishers utilising the Adobe Flash Platform. The pair will integrate thePlatform’s mpx video management system with the Adobe Flash Platform leveraging […]