Skydance Media and Paramount Global have entered into a definitive agreement to form ‘New Paramount’ – a next-generation media and technology leader, through a two-step transaction including the acquisition of National Amusements Inc (NAI), which holds the controlling share stake in Paramount, and subsequently a merger of Skydance and Paramount Global. The transaction combines the […]
Portugal’s competition regulator, Autoridade da Concorrência (AdC), has shot down Vodafone Portugal’s attempt to acquire telecom company Nowo. The AdC fears the merger would hurt consumers by limiting competition in the Portuguese telecom market, by increasing market power for Vodafone and its main competitors (Meo and NOS), creating conditions for coordinated offers among them, and […]
Warner Bros Discovery (WBD) has settled a claim from some shareholders relating to the 2022 merger of AT&T’s Warner Bros and Discovery. They had claimed the $43 billion deal was too preferential to bigger sharedholders. Now, through mediation, the two sides have agreed to a $125 million settlement that will bring the lawsuit to an […]
Paramount has resumed merger talks with Skydance Media just weeks after an earlier deal fell apart at the last hurdle. The renewed bid from Skydance included a higher offer of $177 billion (€162bn) to get the deal done. Shari Redstone, who controls Paramount, abruptly ended negotiations in the first go-around in mid-June. David Ellison, the […]
Simply.TV, a leading content discovery and metadata provider, has acquired InFlow Media to form Europe’s leading metadata company. This marks the second acquisition made by Simply.TV, after the Dutch metadata specialist GVIDI was acquired in 2022. With InFlow Media, Simply.TV will strengthen its customer base in the Nordics, add advanced content discovery technology and welcome […]
Media legend Barry Diller is exploring a bid for Paramount according to NYT reporting. Diller’s digital-media group, IAC, has reportedly signed NDAs with National Amusements, Paramount’s controlling shareholder. The Diller move is the latest in the long Paramount sale/no sale saga. Paramount reached the brink of a deal with Skydance before it abruptly fell apart […]
Following the announcement on June 24th, Telecom Italia Mobile (TIM) has confirmed the completion of the sale of NetCo to Kohlberg Kravis Roberts (KKR), via the transfer to FiberCop (a 58 per cent owned subsidiary of TIM) of TIM’s business unit comprising the fixed network infrastructure and wholesale activities, and the subsequent acquisition of the […]
Dizplai, a media experience company, has announced the acquisition of PickGuru, the free to play gaming platform. PickGuru provides solutions that drive audience and commercial objectives for multi-channel bookmakers, publishers and rights holders. PickGuru’s solutions enable partners to create predictor and fantasy games for their platforms, and drive deeper engagement and commercialisation opportunities. The acquisition […]
Verve, an ad solutions suite for emerging channels, has acquired New York-based Jun Group, a mobile-first digital advertising technology company that delivers intelligent, privacy-first advertising for brands, agencies, and publishers. Jun Group has a 20-year history, boasting a number of relationships with Fortune 500 advertisers in North America. Acquired by Advantage Solutions in 2018, the […]
Canal+ Group, a subsidiary of Vivendi, has increased its stake in Viu – the Hong Kong-based OTT service, in accordance with the terms of the strategic partnership with PCCW Group announced on June 21st 2023. After satisfaction of key business milestones, Canal+ has released the last instalment of its $300 million (€279.79m) staggered investment and […]