All3Media, the international television, film and digital production and distribution group, has acquired NENT Studios’ UK distribution business – formerly known as DRG – from Nordic Entertainment Group. The acquisition of NENT Studios’ UK distribution business adds more than 10,000 hours of content, including over 100 formats, to the All3Media International catalogue with high profile […]
Altice UK, a business wholly owned by telecoms entrepreneur Patrick Drahi, has acquired a 12.1 per cent equity stake in BT Group for a reported £2 billion (€2.3bn). Responding to a ‘Holdings in Company’ announcement following the acquisition, BT issued a statement regarding the investment. “BT Group notes the announcement from Altice of their investment […]
Comcast and Disney are in arbitration over Hulu’s valuation, as Comcast prepares to compel Disney to buy out its 33 per cent stake in the joint venture. It is reported Comcast has stopped paying-in in the money-losing SV0D service (which could contractually reduce its stake) and is trying to get Disney to buy its stake, […]
Multichannel programmer Discovery has revealed the new name of the proposed standalone global entertainment company that will emerge from the combination of WarnerMedia and Discovery assets as ‘Warner Bros. Discovery’. It suggests the Warner Bros. Discovery name will honour, celebrate and elevate the world’s most-storied creative studio in the world with the high quality, global […]
Codemill has reached an agreement to acquire Cantemo, developers of Cantemo Portal next generation Media Asset Management (MAM) software. The closing of the deal coincides with the Initial Public Offering (IPO) of Codemill onto NASDAQ First North Growth Market, planned for mid-June. The acquisition means Cantemo Portal product development will accelerate, and also result in […]
24i, the end-to-end video streaming specialist owned by Amino Technologies, has acquired privately-held Danish pay-TV platform specialist Nordija for €5.3 million. For more than 20 years, Nordija’s advanced platform has enabled TV and streaming innovation for customers including Telenor Sweden, TET (formerly Lattelecom), Vodafone Iceland, T-Mobile Netherlands, Swisscom Broadcast, Waoo, Boingo Wireless, ZAP in sub-Saharan […]
CSG has formally acquired Tango Telecom, a supplier of convergent policy control and messaging solutions. The acquisition is the culmination of a long-standing relationship that delivers end-to-end digital monetisation solutions to some of the world’s largest and most successful communications service providers (CSPs). The acquisition of Tango Telecom arms CSG with real-time, dynamic policy and […]
Following earlier speculation, Amazon and MGM have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of $8.45 billion (€6.91bn). MGM has nearly a century of filmmaking history and Amazon says it will help preserve MGM’s heritage and catalogue of films, and provide customers with greater access to […]
Telefónica, through Movistar, has acquired DirecTV in Colombia in an operation subject to approval by the competition authorities in the country. The service currently has 200,000 subscribers. The CEO of Telefónica in Colombia, Fabián Hernández, said that the acquisition “will allow us to consolidate our presence in the market and strengthen our position with a […]
Canada’s government intends to hold an auction for certain C-band frequencies. First up will be the sale of frequencies in the 3500 MHz band which will start next month on June 15th. The spectrum will be repurposed to suit 5G services. The decision scuppers Telesat’s hope to handle the auction themselves. A second stage auction […]