ION Acquisition Corp 2, a special purpose acquisition company, has announced that its shareholders have voted to approve the previously-announced business combination with Innovid, an independent connected TV advertising delivery and measurement platform. Approximately 97.4 per cent of the votes cast at the meeting voted to approve the transaction. The closing of the business combination […]
TV drama producer Kudos has led a Banijay-group investment into the podcast space, by acquiring a 25 per cent stake in growing indie What’s the Story? Sounds. What’s the Story? is led by ex-TV producers Darrell Brown and Sophie Ellis. Its catalogue includes Body Of Proof, The Missing, and Emily Atack: Lie Detector. The deal […]
Rogers Communications has met with Canada’s telecoms regulator CRTC with regards to merging its activities with those of Canada’s other pay-TV giant, Shaw Communications. Edward Rogers, chairman of Rogerss, told a hearing that the deal would enhance, and not stymie, competition. “Canada is no longer an island. We participate in a global industry, with global […]
Punit Goenka, MD of Zee Entertainment, giving a keynote speech at Media Partners Asia’s APOS India event, told delegates that the merger with Sony Pictures Networks India was in its final stages of agreement. “I certainly believe that consolidation is going to benefit the industry overall. Zee and Sony will form the largest media entertainment […]
Amazon is reportedly a frontrunner to buy a minority stake in the NFL’s media properties. The company is in talks with the US sports league with regards to acquiring (up to) a 49 per cent stake in NFL Network, RedZone and the official NFL website. Whilst Amazon has very deep pockets, a deal is said […]
Orange Belgium is in negotiations with Nethys for the acquisition of 75 per cent of VOO – a telco that owns the cable network in the Walloon region and part of the Brussels region. VOO offers a portfolio of fixed and mobile telephony, broadband Internet and television services. Following a competitive selection process, Orange Belgium […]
Netflix has acquired Scanline VFX, the visual effects company that has worked on TV and movie franchises including Game of Thrones, Stranger Things, Justice League, Free Guy, Black Widow, Netflix’s new Cowboy Bebop live-action series, and many more. Scanline was founded in 1989 and is now led by Stephan Trojansky, a VFX Supervisor whose proprietary […]
Telecom Italia (TIM) has received a €10.8 billion offer from US fund KKR aimed at taking Italy’s biggest telco private. KKR’s move comes as TIM’s CEO Luigi Gubitosi finds himself under grave pressure from top investor Vivendi following two profit warnings in recent months. TIM said KKR had set an indicative price of €0.505 for […]
Ericsson has entered into an agreement to acquire Vonage for a total acquisition price of approximately $6.2 billion (€5.4bn). The merger agreement was approved unanimously by the Board of Vonage. The transaction builds upon Ericsson’s stated intent to expand globally in wireless enterprise, offering existing customers an increased share of a market valued at $700 […]
Canadian satellite operator Telesat says it will complete its merger with Loral Space & Communications on November 19th and expects its shares to start trading publicly on the Toronto stock market next week. At the same time its shares will be open to trade on the Nasdaq exchange in New York and replace the Loral […]