Mediaocean has closed its acquisition of Innovid, first announced in November 2024, and is now merging it with Flashtalking to create a “global, independent, omnichannel ad tech platform for the world’s top brands, agencies, and publishers”. By harnessing AI, automation, and a massive global dataset, the new entity aims to enhance end-to-end workflows, delivering more […]
United Group, the Southeastern European telco majority-owned by BC Partners, has reached an agreement to sell SBB doo Belgrade, a pay-TV, broadband and fixed telephone services provider in Serbia, to e& PPF Telecom. United Group has also agreed to sell Eon TV International (the holding company of the NetTV Plus business) and its sports broadcasting […]
Fox has acquired Red Seat Ventures, a provider of podcasting support services. Among Red Seat’s clients are Megyn Kelly, whose show streams on YouTube and runs on SiriusXM, and Tucker Carlson, who was ousted by Fox in 2023. Bill O’Reilly, another former Fox star whose cuts were in 2017, is also with Red Seat. Founded […]
Armand Musey, a well-regarded financial and valuation consultant at Summit Ridge Group, speaking on February 5th at the Smallsat Symposium held at Mountain View, California, was blunt in his view of recent mergers involving European satellite operators. He delivered a pessimistic report, saying: “The big, large space companies are entering into a deep, dark desert […]
BT has reached an agreement for the sale of its Irish wholesale and enterprise business unit to Speed Fibre Group. The transaction is subject to customary conditions including competition approval and is expected to complete in 2025. The sale of BT Communications Ireland (BTCIL) includes BT’s domestic network infrastructure, over 400 customers, and associated teams […]
The purchase by global defence specialist Indra Group of Madrid-based satellite operator Hispasat, first announced in January, has been formalised. Indra will take a 89.68 per cent stake from infrastructure company Redeia. The cost is to be €725 million. This means that Redeia has lost some €225 million since it acquired Hispasat in 2019 when […]
Outbrain has announced the closing of its acquisition of Teads, first announced in August 2024, following receipt of all necessary regulatory approvals. The two companies will merge their respective branding and performance offerings to create an omnichannel outcomes platform for the open internet, and will operate under the name Teads. The new Teads will create […]
Warner Bros Discovery (WBD) is making $1 billion (€0.98bn) through the creation of a joint venture that will own and manage its 100 years of film and television music. The sale of the library will raise money for WBD as chief executive David Zaslav seeks to boost the company’s share price and cut its debt. […]
TNT Sports has announced the addition of the full line-up of Eurosport live and non-live content to its channels and platforms in the UK and Ireland effective February 28th – ending Eurosport’s 35 year presence on UK screens. The move will create a single destination for a line-up of live sport that includes Australian Open […]
FullFibre, a wholesale full fibre network provider along with its in-house ISP retail company, BeFibre, and Zzoomm, a growing full fibre business operator, have agreed to merge. The enlarged group will have a large full fibre footprint with some 600,000 properties ready for service and over 65,000 customers. The merged business will seek to accelerate […]