News Corp is considering selling Foxtel, its Australian cable TV and streaming unit, after receiving an approach. A potential deal, reported by Reuters, would end its involvement in a high-overhead asset that has struggled to adapt to the streaming era. News Corp confirmed it was considering the deal in a trading update in which the […]

LG Display is making its final move to exit LCD production by selling off its Guangzhou, China-based production factory. It is asking about $1.5 billion (€1.37bn) for the site and its facilities. LG Display had already sold in 2022 its Paju, South Korea facility and had made no secret of its wish to exit LCD […]

Kramer, a provider of advanced audio-visual solutions, has announced the acquisition of ZeeVee, a specialist in AVoIP (Audio-Video over Internet Protocol). Kramer says the move aligns with its commitment to invest in AVoIP and position the company at the forefront of technological advancements in this domain. ZeeVee, a founding member of the SDVoE Alliance, brings […]

Romanian telco Digi has secured a deal to purchase Portuguese operator Nowo from Spanish firm Lorca JVCO (a joint venture between Orange and MásMóvil) for €150 million. The acquisition, subject to approval by the Competition Authority and the National Communications Authority (Anacom), marks a significant step for Digi as it expands its operations in Portugal. […]

Acunmedya’s acquisition of 50 per cent of the shares in Sport1 has been finalised. Sport1 Medien, a wholly-owned subsidiary of the Swiss-based media group Highlight Communications, and the international media and entertainment group Acunmedya, based in Istanbul, had agreed in February this year to acquire 50 per cent of the shares in Sport1 as part […]

EVS, a specialist in live video production technology, has announced the acquisition of Portugal based MOG Technologies. EVS says the acquisition enables it to immediately broaden its premium live production ecosystem by expanding its file-based ingest and transcoding capabilities. MOG Technologies’s expertise in cloud technology will bolster EVS’s Balanced Computing strategy, particularly enhancing its content […]

Liberty Latin America and Millicom International Cellular have entered into an agreement to combine the companies’ respective operations in Costa Rica. Under the terms of the all-stock agreement, Liberty Latin America and its minority partner in Costa Rica will hold an approximate 86 per cent interest and Millicom 14 per cent in the joint operations, […]

Dolby has acquired THEO Technologies, a provider of video players, and solutions for low-latency, live delivery of sports and entertainment content. Dolby said that coming together with THEO is its “next step in building solutions for sports and entertainment companies who are looking to create real-time digital experiences for live events that are more interactive […]

DIGI Távközlési és Szolgáltató, a subsidiary of 4iG, has signed a sale and purchase agreement with Canal+ Luxembourg and its Hungarian subsidiaries Eviso Hungary and Canal+ Distribution Hungary, for the acquisition of the Hungarian satellite customer base Direct One, and optionally for the acquisition of its cable television portfolio, depending on the consent of the […]

The Mediapro Studio, the international content creation, production, and distribution company of Mediapro, has announced the acquisition of Fresco Film, a production service company in the fiction market, aiming to enhance its provision of production services for large international projects. Founded in 1972, Fresco Film has specialised in providing production services for high-budget international fiction […]