A regulatory filing has revealed Lionsgate is looking at spinning off Starz. Though it is only five years since acquiring the business for $4.4 billion (€3.8bn), the board now seems keen to tap into the booming M&A market. Vice chairman Michael Burns said: “While we continue to realise substantial synergies from bringing Lionsgate and Starz together, […]
In a move they say will create a global best-in-class Connected TV (CTV) advertising experience, digital advertising technology providers VideoByte and VideoBridge are merging the two companies The combined company will operate under the VideoByte brand effective immediately and merge full business operations through Q4 2021. “Our organisations share a similar outlook as we look […]
Vitec, a global player in IP video streaming solutions, has acquired the Flamingo hospitality and enterprise video delivery business of Anevia from ATEME. Vitec says the acquisition builds on its core enterprise IPTV business and, coupled with the acquisition of Exterity in April 2021, will position it as the global leader in Enterprise and Hospitality […]
Eutelsat’s post results presentation and analyst discussion on October 28th was led by the satellite operators’ CFO Sandrine Téran. She told callers that a merger with another operator was “not a problem if the price is right”. She told analysts that Eutelsat, the world’s third-largest satellite operator, believed it had a solid stand-alone strategy add[ng: […]
Origin Film & Television, a broadcast and post-production equipment rental company specialising in workflow design and engineering, has acquired the assets of MCR Broadcast Hire and will be taking on the staff and business with immediate effect. Less than a year into trading, this first major acquisition will allow Origin to bring on board the […]
In a transaction that will bolster ViacomCBS Networks International’s studio production capabilities and complement its portfolio of production assets in Latin America, the ViacomCBS unit has entered into a definitive agreement to acquire a majority stake in the acclaimed Spanish language content producer, Fox TeleColombia & Estudios TeleMexico from The Walt Disney Company and the […]
French media conglomerate Vivendi has asked the Spanish government for authorisation to buy up to 29.9 per cent in Spanish media company Prisa. Prisa revealed the request in a filing to the stock market regulator. Vivendi already holds a 9.94 per cent stake in Prisa. Vivendi had previously said the initial stake was part of […]
Redbox has completed its previously announced business combination with Seaport Global Acquisition, a publicly traded special purpose acquisition company. As a result of the merger, the entity will be known as Redbox Entertainment. Redbox’s common stock and warrants are expected to begin trading on NASDAQ on October 25th. “Today marks the beginning of Redbox’s next […]
Chicken Soup for the Soul Entertainment, an operator of AVoD networks, has announced the acquisition of a majority stake in Locomotive Global, a production company based in India. Locomotive Global is currently producing and developing a number of original productions including an original series in development with Amazon Prime Video, as well as Indian local language […]
Facebook has been fined £50.5 million (€60m) for breaching an order imposed by the UK’s Competition and Markets Authority (CMA) during its investigation into Facebook’s purchase of Giphy. It is standard practice to issue an initial enforcement order (IEO) at the start of an investigation into a completed acquisition. This ensures that companies continue to […]