AMC Networks the global entertainment company behind acclaimed series The Walking Dead, Mad Men, and Rectify, is paying $200 million for a 49.9 per cent share of the BBC AMERICA channel. The agreement is structured as a long-term equity joint venture, with BBC Worldwide retaining 50.1 per cent. AMC Networks will have operational control of […]
21st Century Fox and funds manager Apollo Global have revealed their agreement to create a leading global multi-platform content provider, bringing together Endemol, Shine Group and CORE Media. Under the terms of the agreement 21st Century Fox and Apollo will jointly manage the newly created group, with each owning 50 per cent. The group’s businesses […]
Indonesian pay-TV operator Indonusa Telemedia is setting aside $150 million for a satellite project. Indonusa is owned by Trans Corp and markets itself as Transvision. A July 16 half-year report said the broadcaster is anticipating 800,000 subscribers by the end of this year, helped by English Premier League football. Currently the broadcaster uses Telkom-1 (108 […]
Redbox Instant, the streaming video service operated by US telco Verizon and movie and game rental kiosk specialist Outerwall, is to close down on October 7th as the venture has not been as successful as anticipated. The service was launched in early 2013 in competition with services such as Netflix, Amazon and Hulu Plus. “The […]
Interactive TV and associated technologies specialist Strategy & Technology (S&T) and multi-platform live streaming and catch-up TV service provider Simplestream have reconstructed their two joint ventures – Synapse TV Ltd and VuTV Ltd – to be wholly owned by S&T, who will continue to run and develop the businesses, both of which are currently focused […]
Arkena announced that it has been chosen by TF1 VIDEO to provide the technical platform of its Video On Demand service MYTF1VOD. The media services subsidiary of the TDF Group will fully operate the premium transactional VOD service of the largest French broadcaster TF1. By putting different components of its products portfolio together, Arkena is […]
Canadian media companies Shaw Communications and Rogers Communications are teaming up to launch shomi, a new subscription video-on-demand service, which they say ups the ante in entertainment with the latest, most exclusive shows and selections personalised for users. Available initially on tablet, mobile, online, Xbox 360 and set-top boxes, shomi will launch in beta first […]
RTL has called it a day on its production joint-venture with India’s Reliance Broadcast Networks. The end result of the joint-venture was the Big RTL Thrill dubbed channel, and in which Reliance bought out total control in April this year. RTL has now seemingly exited the India market. Reliance is currently seeking a variation in […]
Streaming giant Netflix is in advanced talks with Deutsche Telekom over a possible collaboration ahead of Netflix’s launch in Germany this autumn, according to a report in German news magazine Manager. The report cites unnamed sources saying Deutsche Telekom was open to cooperating with Netflix as it begins its German roll out even though the VoD […]
21st Century Fox has signed a deal with the private equity firm that controls Big Brother maker Endemol and American Idol parent Core Media Group. The deal will see Shine Group, the maker of shows including MasterChef and The Biggest Loser, with Apollo Global Management’s TV production businesses merged as a joint venture. Shine Group […]