FuboTV, the sports-first live TV streaming platform, has announced that its shareholders have approved its previously announced transaction with The Walt Disney Company to combine Fubo’s business with the Hulu + Live TV business. The transaction, approved by Fubo’s shareholders at its special meeting of shareholders held today [September 30th], remains subject to regulatory approvals […]
AST SpaceMobile has announced its 100 per cent acquisition of EllioSat, in a deal first announced in August. AST said its reason for the purchase was because EllioSat “holds certain S-Band ITU priority rights to MSS (Mobile Satellite Services) frequencies in the range of 1980-2010 MHz and 2170-2200 MHz, for use in low Earth orbit”. […]
MFE-MediaForEurope, the TV group controlled by Italy’s Berlusconi family, is holding talks regarding the acquistion of a stake in Portuguese media group Impresa. It said in a statement published by Reuters, the Balseger holding company of Portuguese media tycoon Francisco Pinto Balsemao, which controls more than 50 per cent of Impresa, confirmed that MFE is […]
Electronic Arts (EA), the US video game company, has entered into a definitive agreement to be acquired by an investor consortium comprised of PIF, Silver Lake and Affinity Partners in an all-cash transaction that values EA at an enterprise value of approximately $55 billion (€46.8m). Under the terms of the agreement, the consortium will acquire […]
NEP Group, the media technology solutions partner for content creators, has announced its acquisition of Seven Production, the Dubai-based film and broadcasting independent production company. The acquisition reinforces NEP’s investment and presence in the GCC region, building on years delivering live sports and entertainment including UFC, ILT20 UAE Cricket League, Asian Tour International series, LIV […]
Integral Ad Science (IAS), a media measurement and optimisation platform, has entered into a definitive agreement to be acquired by Novacap, a US private equity firm, in an all-cash transaction that values IAS at approximately $1.9 billion (€1.6bn). Under the terms of the agreement, Novacap will acquire all of the outstanding shares of IAS for […]
Canal+ and MultiChoice have announced that all conditions to Canal+’s 35 billion rand (€1.72bn) takeover offer for the South African TV broadcaster have been fulfilled following the completion of all necessary regulatory conditions, thus making the deal unconditional. Canal+ owned 46 per cent of MultiChoice as of September 19th, with another 2.2 per cent of […]
SES has hosted a gala evening to commemorate its acquisition of Intelsat and what the combined business means for the company’s future. Held at Luxembourg’s Mudam (The Grand Duke Jean Museum of Modern Art) the event brought together staff, clients and VIP guests. CEO Adel Al-Saleh told guests and local media that the combination marked […]
Saudi Arabia’s sovereign-backed Public Investment Fund (PIF) has bought a major slice of broadcaster MBC’s shares that it did not already own. PIF has acquired a 54 per cent stake in the broadcasting group for an aggregate price of SAR 7,469 million (€1.62bn), at a price of SAR 41.60 per share. The deal was carried […]
Channel 4 has acquired Scottish Indie Firecrest Films through the newly launched Creative Investment Fund. The investment marks the first majority investment from the new Fund, which was announced in May, as part of the channel’s twin-track approach to IP ownership under its Fast Forward strategy. Firecrest Films is based in Glasgow and was founded by […]