Following the announcement of the acquisition of Vodafone Italia on March 15th, Swisscom notified the transaction to the Italian Authority for Communications (AGCOM) on September 17th. On November 6th, AGCOM cleared the transaction unconditionally. Overall, completion of the Vodafone Italia transaction is on track. Swisscom secured the financing for the purchase price of €8 billion […]
EchoStar’s share price has plummeted 13 per cent as news emerged that TPG (the former Texas Pacific Group) has said that the acquisition by DirecTV of EchoStar’s pay-TV assets was at risk because of EchoStar/Dish bond-holders who were holding out over the terms of a debt exchange offer. There are multiple reports that Dish bondholders […]
News Corp has confirmed that it is in “active discussions” over the sale of Foxtel, its Australian pay-TV unit, as the media group looks at ways to free the full value of all its assets. It ws first reported in August that News Corp was considering offloading Foxtel. Robert Thomson, CEO at News Corp told […]
AMC Networks has reported financial results for Q3, and also announced that is has closed a transaction with BBC Studios which sees it acquired the remaining 50.1 per cent of the BBC America joint-venture that it had not previously owned for $42 million in cash. The company said it closed the transaction for BBC Studios […]
UK Culture Secretary Lisa Nandy has announced plans to broaden the scope of the UK’s media mergers regime, updating it for the digital age to reflect modern news consumption habits and better protect media freedom and plurality. The plans will allow for greater scrutiny in the public interest of deals to purchase UK online news […]
Krafty Entertainment, a London-based production and digital distribution company, has announced its acquisition of a 17.5 per cent equity stake in Sports First TV, the global sports news TV channel. Sports First TV, which launched in March on FAST platforms in North America, was founded by Frank Brown, the former CEO of Viacom International Media/MTV […]
The UK’s Competition and Markets Authority (CMA) has provisionally found that a multi-billion-pound commitment to upgrade the merged company’s network across the UK, including the roll-out of 5G, combined with short-term customer protections could solve competition concerns identified in September 2024 and allow the merger to go ahead. The CMA investigation – led by an […]
Avid, a specialist in software solutions for professional media production, has completed the acquisition of Wolftech Broadcast Solutions, a player in cloud-based multiplatform news planning, production and publishing solutions. The acquisition enables Avid to combine its digital-first, end-to-end media solution with Wolftech’s expertise in story-centric workflow management. Avid says news organisations will consequently be able […]
Samba TV, a provider of TV technology for audience data and omniscreen measurement, has announced its acquisition of Semasio, a provider of contextual targeting and audience data solutions. Samba TV says the acquisition enhances its capabilities in delivering privacy-first targeting across digital and connected TV (CTV) platforms, further solidifying its position as a key player […]
Comcast is considering a fundamental restructuring of its business, exploring the creation of a separate company for its cable TV networks and potentially seeking partnerships in streaming. This shift comes as it struggles with the ongoing decline of cable TV subscribers while chasing profitability in the increasingly competitive streaming landscape. Comcast is contemplating spinning off […]