Warner Bros Discovery (WBD) has announced a “strategic minority investment” in Dubai’s OSN Streaming, a subsidiary of OSN Group. The transaction – reportedly valued at $57 million (€52.6m) for a 30 per cent stake – will be completed in stages and is subject to customary conditions, including regulatory approvals. OSN has continued to evolve its […]
CityFibre, the UK independent full fibre platform, has announced the acquisition of Connexin’s full fibre infrastructure, establishing a material foothold across Hull and East Riding and enabling the expansion of CityFibre’s footprint by up to 185,000 premises. The agreement will see Connexin’s shareholder, Patrizia’s European Infrastructure Fund II, become a minority shareholder in CityFibre. The […]
Endeavor Group, the sports and entertainment giant, has announced the completion of its acquisition by Silver Lake, a specialist in technology investing, in partnership with the Endeavor management team and additional investors. Silver Lake and its co-investors have acquired 100 per cent of the outstanding shares in Endeavor they did not already own, other than […]
The Executive Board and the Supervisory Board of ProSiebenSat.1 Media have approved a proposed agreement with General Atlantic on the acquisition of its minority stakes in NuCom Group (excluding flaconi) and ParshipMeet Group. ProSiebenSat.1 has also signed a binding agreement with a subsidiary of Moltiply Group for the sale Verivox, the consumer energy and household […]
Mediaocean, a partner for omnichannel advertising, has announced that Innovid is the official name for its global ad tech business, following the merger with Flashtalking. Additionally, the company has introduced a new brand identity for Innovid. “Following last month’s merger, we moved quickly to establish a future-forward identity – one that unites our stakeholders behind […]
Zayo, the communications infrastructure provider backed by DigitalBridge and EQT, has entered into a definitive agreement to acquire Crown Castle’s Fibre Solutions business in a transaction valuing the business at approximately $4.25 billion (€3.92bn). Additionally, EQT has announced that the EQT Active Core Infrastructure fund has agreed a deal to acquire Crown Castle’s Small Cells […]
Telco giant Liberty Global has reportedly sent a proposal to Vodafone Group regarding the acquisition of its stake in the Dutch joint venture, fixed-line and mobile operator VodafoneZiggo. Liberty Global has already held negotiations with Vodafone over the last few weeks, according to a Bloomberg report, with a potential deal worth around €2 billion. Liberty […]
Scopely, the Saudi-owned mobile games company, has signed an agreement to acquire Niantic’s games business. The deal, valued at $3.5 billion (€3.21bn), will bring Niantic’s entire team of game-makers and gaming titles Pokémon GO, Pikmin Bloom and Monster Hunter Now to Scopely’s portfolio, among other apps and live experiences. Games already in the Scopely portfolio […]
Sir Peter Beck’s New Zealand-based rocket builder, Rocket Lab, is buying German-based satellite laser specialists Mynaric. Rocket Lab will pay $75 million (€68.7m) in cash and stock and there’s potential for another $75 million in an ‘earn out’ consideration. However, key to the purchase is the statement from Rocket Lab and that its intention is […]
Cinelytic, the AI-powered content intelligence platform for the entertainment industry, has announced its acquisition of Jumpcut Media, a provider of AI-driven IP management and audience analysis tools. “With the addition of Jumpcut’s powerful technology, Cinelytic tools become an even more essential tool for studios, producers, and executives looking to make strategic, well-informed content decisions,” said […]