Sony Pictures Networks India Private Limited (SPNI) and Zee Entertainment Enterprises (ZEEL) have signed definitive agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations and programme libraries. The agreements follow the conclusion of an exclusive negotiation period during which ZEEL and SPNI conducted mutual due diligence. After […]
I signed off last year’s last blog with “I make no predictions for 2021, including ‘at least it can’t be worse’”. That was a good decision. Who’d have thought we’d all be here at the end of 2021 having missed Vegas, Cologne and Amsterdam, again. Any bets on the 2022 travel itinerary? No, didn’t think […]
UK commercial public service broadcaster Channel 5 is to join Digital UK Ltd, the joint venture which facilitates the provision of Freeview and Freesat, alongside BBC, ITV and Channel 4. The four public service broadcasters have entered into a new Digital UK members’ agreement, marking the first time that the venture has been wholly owned […]
Egyptian tycoon Naguib Sawiris has agreed a deal to sell his majority stake in Euronews, the pan-European TV news network, to Portuguese investment firm Alpac Capital. Alpac will acquire the 88 per cent of Euronews’ shares owned by Sawiris’s Luxembourg-based holding Media Globe Networks (MNG) for an undisclosed amount. The deal should be closed by […]
Sir Richard Branson-backed Virgin Orbit has taken a 17.5 per cent stake in Earth Observation image company Hypersat, as well as investing in a funding round for Poland-based SatRevolution. Hypersat is already a client of Virgin Orbit and used Virgin’s rocket plane to launch 6 of its Hyperspectral satellites. Poland’s SatRevolution is busy raising cash […]
Patrick Drahi’s Altice has increased its interest in BT Group’s voting share capital from 12.1 per cent to 18 per cent. In a Statement, the telco said: “The Board and management of BT Group will continue to operate the business in the interest of all shareholders and remains focussed on the successful execution of its […]
With the TV business evolving and technology changing viewers’ habits, the analysts at Hub Entertainment Research have mapped their top 5 predictions for the TV industry in 2022. Hub’s first prediction is that streaming player Roku will be bought out… 1) Roku Gets Bought: A leading player in the market buys Roku, which facilitates Roku’s […]
FOX Entertainment has acquired MarVista Entertainment, a global payer in made-for-platform original content. The announcement was made by FOX Entertainment CEO Charlie Collier and MarVista CEO and Founding Partner Fernando Szew. Under Szew’s leadership, MarVistahas developed an efficient infrastructure, operating systems and production models powering an average of 80 titles annually across all genres. MarVista […]
108 Media, the global financing and production studio, with a key focus on emerging markets, has acquired all the assets of AIM-listed DCD Media, the independent TV distribution and production group, in a deal worth $6.3m (€5.5m). The deal comprises all DCD Media Plc assets, which include September Films, RIZE USA and DCD Rights, which […]
The Spanish Administration is set to block Vocento’s sale of its two DTT licences to Squirrel Capital and put them up for auction, according to Spanish daily The Objective. The Spanish government will reportedly refuse to give its go-ahead to the sale on the grounds that the licences are public with the strategy preventing operators […]