Football superstar Kylian Mbappé has announced his latest venture, becoming a shareholder, via the entity Coalition Capital, in the German electronics brand Loewe Technology. Founded in 1923, Loewe is a specialist in luxury home entertainment systems, renowned for its televisions and audio systems that blend innovation with sophisticated craftsmanship. With Mbappé’s entry as a shareholder, […]
The long-awaited merger between DirecTV and Dish Network appears imminent and could be announced as early as September 30th, according to a report in the WSJ. If an agreement is reached, the result would be the creation of the largest pay-TV operator in the US. Together, the pair would have some 20 million subscribers. The […]
Liberty Broadband Corporation has communicated a counterproposal to the Special Committee of the Board of Directors of Charter Communications in response to an initial merger proposal sent by the Charter Special Committee. In its counterproposal, Liberty Broadband outlined the terms of a proposed combination of Liberty Broadband with Charter in an all-stock transaction intended to […]
Paramount, in the process of being acquired by Skydance Media, is already initiating its plan to reduce expenses by $500 million. The first round of staff cuts took place in August. Joint CEOs George Cheeks, Chris McCarthy and Brian Robbins said that after the current round, 90 per cent of the planned staff reductions will […]
The European Commission has approved the acquisition of Vodafone Italia by Swisscom under the foreign subsidies regulation in a deal worth €8 billion. Swisscom, the Switzerland-based telco, plans to merge Vodafone Italia with Fastweb, its subsidiary in Italy. “Swisscom has been operating successfully in Italy since the acquisition of Fastweb in 2007. Over this period, […]
The Portuguese Regulatory Authority for Social Communication (ERC) has greenlit Digi Portugal’s purchase of Cabonitel, the parent company of Nowo. This acquisition will indirectly grant Digi Portugal full ownership of Nowo, the country’s fourth largest telecommunications provider with a 5 per cent share and around 270,000 mobile network and around 130,000 fixed network customers. Nowo […]
Sandvine, a provider of OTT Application Classification and Quality of Experience (QoE) solutions, has been acquired by a group of US investment firms that previously were, and continue to be, lenders to the company. In connection with this change of control transaction, the lenders have agreed to reduce the company’s total outstanding debt significantly. Following […]
RTL, the German broadcaster, and Paramount have withdrawn their bid to merge Super RTL, the children’s television network, with Nickelodeon, according to Reuters. The German cartel office said the withdrawal had occurred after it informed the companies that it intended to prohibit the planned merger. Super RTL, belonging to Bertelsmann’s RTL Group, first announced in […]
DirectTV, owned by telco giant AT&T and Charlie Ergen’s DISH Network are reportedly in “early stage” talks to merge their pay-TV businesses. The report from Bloomberg says a successful merger would create the largest pay-TV platform in North America with around 16 million subscribers. There have been talks about a merger between the two players […]
The UK’s Competition and Markets Authority (CMA) has provisionally found the proposed merger between telcos Vodafone and Three to be likely to reduce competition in the sector. In its initial investigation (called a ‘Phase 1 investigation’) which began in January 2024, the CMA found that the merger, which combines two of the four mobile network […]