Multichannel programmer Discovery has formally notified the Polish government that it will take legal action under the bilateral investment treaty between the United States of America and the Republic of Poland. The notification follows what the broadcaster describes as Poland’s discriminatory campaign against Discovery’s TVN, including its refusal to renew TVN24’s broadcasting licence, and culminated […]
The National Hockey League (NHL) has exercised its option to sell its 10 per cent shareholding in Disney Streaming Services, the interactive media and Internet company formerly known as BAMTech Media, to The Walt Disney Company for $350 million (€297m). The NHL exercised its ‘put option’ and the transaction is expected to close prior to […]
Poland’s lower house passed a controversial bill that could force Discovery to sell its controlling stake in TVN. The new law, if it reaches the statute book, could prevent companies from outside the European Economic Area from owning a majority in Polish media companies. The move, instigated by the nationalist Law and Justice Party, is […]
Charlie Ergen, speaking to analysts on the DISH Network post-results analysts call, again touched on the prospects for a merger between DirecTV and Ergen’s DISH, saying a combination was “inevitable”. While the question and prospects of a merger have been discussed for some time, Ergen told analysts that, as he had said before, “that those […]
Tabloid entertainment publisher and broadcasting brand TMZ is reportedly being sold to Fox by AT&T. The move is yet another sign that AT&T/Warner is looking to divest itself of non-core business divisions. AT&T is also in the process of combining WarnerMedia’s entertainment, sports and news assets with Discovery’s nonfiction and international entertainment and sports businesses […]
MásMóvil, the fourth largest Spanish telco, has decided to sell the Euskaltel TV division to Agile Content for €32 million, soon after having completed its takeover of the Basque Country-based company. Agile Content now will add 500,000 TV subscribers from R, Telecable and Euskaltel and will move its headquarters from Barcelona to Bilbao. Agile Content […]
London-focused full fibre broadband provider Community Fibre has acquired a majority stake in Box Broadband, a Surrey-based full fibre network operator. The acquisition enables Community Fibre to continue to focus on building in London while expanding a successful FTTH platform in the UK and it provides Community Fibre with expertise in suburban/rural builds. In addition, […]
In the latest addition to its media for equity portfolio, UK commercial PSB ITV has concluded an investment in Nineteen21 Limited, which trades as ismybillfair.com. ismybillfair offers an online service that saves UK households time and money, by getting a fairer price for household bills from their current supplier, rather than having to go through […]
In a move that accelerates the next evolution of its publisher business and plans to build a global addressable CTV ad platform, digital media quality specialist Integral Ad Science has acquired connected TV advertising platform , in a cash and stock transaction valued at $220 million (€188m). With this acquisition, Integral Ad Science (IAS) is […]
Swarm Technologies makes tiny cube-satellites. SpaceX has filed a request with the FCC to transfer all of Swarm satellite licences to SpaceX. The FCC application states that Swarm is being sold to SpaceX. Swarm is focused on providing connectivity for Internet of Things products and applications. Swarm has some 150 of its cube-satellites into orbit. […]