PIF, Saudi Arabia’s Public Investment Fund, is reportedly exploring the purchase of a minority stake worth around $1 billion in DAZN, the sports-streaming service backed by billionaire Len Blavatnik. If a deal is reached it could increase the fund’s influence in European football as DAZN is a key broadcasting partner for Italy’s Serie A, Spain’s […]
JW Player (JWP), the video streaming and data insights platform, is merging with Connatix, the video delivery and monetisation solution, forming JWP Connatix. By unifying JWP’s broadcast-level live and on-demand streaming, data and workflow capabilities with Connatix’s full stack advertising and content technology, JWP Connatix becomes a comprehensive independent video technology and monetisation platform for […]
Live video and e-commerce company XOSQE has signed an agreement to acquire FAST channel creator and distributor Static Waves Media Group. The newly formed entity will operate under the brand name XOSQE Media. International television distribution veteran Marco Frazier has been named CEO of XOSQE. Arun Maljaars will lead XOSQE Media as CEO, bringing his […]
ShowHeroes Group, a player in digital video advertising and CTV solutions, has announced the acquisition of Vidds, an AI-powered video creation and editing platform, for an undisclosed fee. Founded in 2020 by Ed Thomas and Andrew Walters, Vidds has gained recognition for simplifying and accelerating the video creation process, empowering creators with advanced AI tools […]
Intelsat CEO David Wajsgras confirms the logic behind the decision for SES to buy his business, saying that there had been a tailwind of talk about mergers and consolidation for years, and that the decision to come together was needed in order to be able to compete against the new players in space, not least […]
Mobile operators around the world would like to merge four mobile networks in their respective nations into three. This would improve the business case for investment by eliminating duplicative administration, improving spectrum synergies, and upgrading customers to better networks. Strand Consult has studied mobile industry consolidation since 2000 with the case of South Korea merging […]
UK telcos Vodafone and Three’s response to the UK Competitions and Markets Authority’s (CMA) Notice of Possible Remedies (Remedies Notice) has been published. The pair disagree with the CMA’s Provisional Findings, suggesting the merger will be pro-growth, pro-customer, pro-investment and pro-competitive for the UK. “It is a once-in-a-generation opportunity to transform UK digital infrastructure with […]
It should not be forgotten in the acres of business news coverage over the DirecTV (and TPG) acquisition of DISH Network that in selling DISH, chairman Charlie Ergen is very much giving up his ‘baby’. When his EchoStar 1 satellite was launched on a Chinese Long March rocket in 1995 Ergen was in the launch […]
As heavily rumoured, DirecTV and EchoStar have entered into a definitive agreement under which DIRECTV will acquire EchoStar’s video distribution business DISH DBS, including DISH TV and Sling TV, through a debt exchange transaction. “DirecTV operates in a highly competitive video distribution industry,” said Bill Morrow, Chief Executive Officer, DirecTV. “With greater scale, we expect […]
Gogo and Satcom Direct have announced a agreement under which Gogo will acquire Satcom Direct to create the an in-flight connectivity provider that it says will be “able to satisfy the performance and cost needs of every segment of the global business aviation (BA) and military/government mobility markets”. Under the terms of the agreement, Satcom […]