Advanced Television

M&A

Magic Light Pictures launches Stirling Animation Studio

Magic Light Pictures has announced the launch of Stirling Animation Studio (SAS), its new, wholly owned studio where the company will complete production of its preschool series, Zog, for the BBC. Following Wild Child Animation entering Administration, with the potential loss of all jobs and its impact on the series, Magic Light said it “acted […]

March 30, 2026

Suitors eye Globalstar

Satellite operator Globalstar has been up for sale informally for some time. Now it seemingly has two potential suitors. Apple uses Globalstar to connect its own emergency phone services on some iPhone models. Industry analyst Dr Tim Farrar, in a blog on recent events, said that the sale process started in October 2025 with Amazon […]

March 27, 2026

ProSiebenSat.1 makes more sales; 2025 revenue down 6%

ProSiebenSat.1 Media is divesting the comparison platforms billiger-mietwagen.de and CamperDays. Billiger-mietwagen.de, which operates under the umbrella of FLOYT Mobility, is being traded to a group led by the investment firm Pivotum Capital, while CamperDays is being transferred to a group of private investors. ProSiebenSat.1 also recently sold the marketing firms esome and Kairion to Pivotum […]

March 26, 2026

Orange eyes Globecast divestment

Orange and investment fund Verdoso have signed an exclusivity agreement with a view to a potential sale of Globecast, the telco’s media services business. Globecast currently supports thousands of customers – TV channels, rights holders and platform operators – in distributing and broadcasting their audiovisual content worldwide. The company relies on a worldwide network of […]

March 25, 2026By Colin Mann

Nexstar closes Tegna deal despite objections

Nexstar Media Group has closed its acquisition of Tegna following approval of the transaction from the FCC and the US Department of Justice (DOJ) in a deal valued at $6.2 billion (€5.3bn) – despite two lawsuits trying to block the deal. Nexstar first announced in August 2025 that it would acquire Tegna and create a […]

March 20, 2026

ProSiebenSat.1 sells esome and Kairion to Pivotum Capital

ProSiebenSat.1 Media has announced that it is selling the connected TV advertising company esome and the retail media specialist Kairion to Pivotum Capital, an investment firm specialised in technology and digital companies and based in Graefelfing. ProSiebenSat.1 said the transaction underlines its strategic focus on its core entertainment business and the monetisation of its entertainment […]

March 19, 2026

Multiply gets $9.5m for self-learning ads

Multiply, the AI-native media agency for B2B companies. has emerged from stealth with $9.5 million (€8.2m) in funding to introduce what it calls the next paradigm: Self-Learning Advertising, where ads use internal data to continuously get better on their own. The round was led by Mayfield, with participation from Sorenson Capital, Instacart Co-Founder Max Mullen, […]

March 18, 2026

Canal+, PFF eye Viaplay takeover bid

Shares in Viaplay Group, the Nordic streaming service, jumped by over 2 per cent following a Bloomberg report suggesting that its largest shareholders, Canal+ and PPF Group, are plotting a joint bid for the company, before giving up part of the gains. The stock rose following the report that Canal+ and PPF, which together control […]

March 18, 2026

Smartly set to acquire Incrmntal

Smartly has entered into a letter of intent to acquire Incrmntal, an AI-powered incrementality measurement platform that delivers real-time insights into the incremental impact of marketing investments across channels without relying on user-level data or tracking. By combining Incrmntal’s real-time incrementality insights with Smartly’s platform that enables advertisers to turn insights into action across channels, […]

March 17, 2026

Paramount+ to absorb BET+

BET+, the streaming platform focused on black culture, will shut down later this year, with its content set to be folded into Paramount+. Paramount Skydance has purchased the ownership stake held by Tyler Perry Studios in BET+, clearing the way for the transition. In a memo to staff, BET Networks president, Louis Carr, said: “As […]

March 16, 2026