In a move designed to deepen and enhance its video delivery and web services capabilities, US Verizon has revealed it is to acquire content delivery network specialist EdgeCast. Verizon Digital Media Services will integrate EdgeCast complementary capabilities to improve further and increase its ability to meet the exponential growth in online digital media content, as […]
Investment bank Morgan Stanley says that a deal to merge US DTH pay-TV operators DirecTV and Dish is unlikely in the near-to-medium term, largely because of regulatory concerns, but that in the longer term. industrial logic and value of a combination will grow, with regulatory obstacles potentially diminishing. In a briefing note, the bank says […]
Any effort by Comcast to acquire Time Warner Cable would face significant hurdles in Washington, according to a Federal Communications Commission (FCC) official. Comcast, the No. 1 US cable provider by subscriber numbers, has been considering a bid for the No. 2 player, Time Warner Cable, which is already being pursued by Charter Communications. Ajit […]
Sky Deutschland Fernsehen, a wholly owned subsidiary of Sky Deutschland, has agreed with Constantin Sport to acquire 100 per cent of its production company PlazaMedia as well as a 25.1 per cent equity stake in Sport1 and Constantin Sport Marketing. The total purchase price will amount to around €57.5 million. Brian Sullivan, CEO of Sky […]
StudioCanal has taken a majority stake in UK independent producer, Red Production Company. Since its creation in 1998 Red has produced some of the UK’s most popular and critically acclaimed drama series including Queer as Folk for Channel 4, and the double BAFTA-winning Last Tango in Halifax, which returns to BBC One for a second […]
Online video platform blinkx has entered into an agreement to acquire Rhythm NewMedia, a mobile video advertising technology platform focused exclusively on smartphones and tablets, for a total consideration of $65 million. Rhythm operates a mobile equivalent of the blinkx ecosystem and enables the company to extend its reach across platforms. Blinkx anticipates that the […]
TV infrastructure specialist Harris Broadcast is buying Imagine Communications. Terms were not revealed but the deal is expected to close in January 2014. The deal will strengthen Harris’s position in the OTT and TV Everywhere markets. San Diego-based Imagine specialises in digital video solutions and which “enables content providers and system operators to deliver bandwidth-intensive […]
Paris-based satellite operator Eutelsat will start meeting with potential lenders on December 4th for its planned borrowing of around €1 billion in financing for its purchase of Mexico’s SatMex satellite operating company. Eutelsat is using its Eutelsat SA holding company to secure the loan and says it has mandated Banca IMI, Crédit Agricole CIB, Mitsubishi […]
Apple has acquired social media search and analytics start-up Topsy. Apple confirmed the acquisition but would not say why it bought the company, which specialises in analysing Twitter data and providing insights into current sentiment on a variety of topics. Apple paid over $200 million for the company, according to reports. “Apple buys smaller technology […]
Reports in the Romanian press claim Discovery Communications is considering an offer for free-to-air broadcaster Prima TV. The Romanian channel group is said to be looking for a buyer, and Discovery is among those interested in buying it from current owner SBS Broadcasting. Discovery has bought up several channels in Europe in the recent years, […]