The FCC has approved Skydance’s $8 billion (€6.8bn) acquisition of Paramount Global and its subsidiaries, including the ultimate parent company of the CBS network of owned and operated broadcast television stations, by granting a series of applications that transfer FCC licences and authorisations. Chairman Carr said: “Americans no longer trust the legacy national news media […]
South Africa’s Competition Tribunal has approved Canal+’s takeover offer of African pay-TV provider MultiChoice. But there are conditions. The takeover, valued at 35 billion Rand (€1.7bn) can go ahead provided the Tribunal’s conditions are met. The conditions require Canal+ to guarantee public commitment proposals already agreed by both parties. The package also supports the participation […]
There’s no moral in this story because, of course, it is about television. For as long as it has been around there have been moral panics about TV, as in ‘does what it puts on screen erode the moral fibre of a nation?’ As the word panic implies, the answer is, generally, no. Nowadays even […]
ITV Studios has taken a majority stake in the leading Spanish scripted production company Plano a Plano. Founded in 2011 and run by owner and Producer César Benítez, Plano a Plano is known for the hit series Valeria, based on the novels by Elísabet Benavent ranked in Netflix’s Top 5 most-viewed international dramas globally, El Principe for Mediaset which has sold […]
Orange has made a preliminary offer of around €4 billion to acquire the remaining 50 per cent of MasOrange from private equity firms Cinven, KKR, and Providence. The French telco already owns half of the Spanish operator, and the deal – if finalised – would give Orange full control of MasOrange, the company resulting from […]
Telenor Group has signed an agreement to sell its 50 per cent stake in Allente to Viaplay for a total consideration of SEK 1.1 billion (€0.09bn). Allente, a joint venture between Telenor and Viaplay, was formed in May 2020 through the merger of Canal Digital and Viasat. Allente is a distributor of premium TV content […]
SES has announced the completion of its acquisition of Intelsat, creating a strengthened global satellite operator with an expanded fleet of 120 satellites across two orbits. SES says the newly combined company will “leverage its skilled teams with deep vertical expertise to deliver integrated multi-orbit, multi-band satellite and connectivity solutions to businesses and governments around […]
SES has confirmed that it has received all the necessary legal and commercial permits to needed to complete its acquisition of Intelsat. SES says it plans to close the $3.1 billion (€2.65bn) transaction on or around July 17th. The two companies are holding meetings this week to finalise the financial transaction. The consolidation exercise will […]
Deltatre, a provider of streaming, digital, data, and graphics solutions for the sports, media, and entertainment industries, has entered into a definitive agreement to acquire Endeavor Streaming from Endeavor Group Holdings. In bringing together these digital and OTT providers, Deltatre is joining its product suite – D3 VOLT, FORGE, AXIS, and DIVA, which delivers multi-functional […]
July 11th saw the clearest indication that the long wait for SES to receive its permissions to acquire rival Intelsat is coming to an end, with the Federal Communications Commission (FCC) giving its approval to the transfer “of the control of licenses from Intelsat to SES”. This, in effect, ends the FCC’s oversight of the […]