Vizrt, a provider of 3D graphics and asset management tools for the broadcast industry, has entered into an indicative non-binding term sheet with TV2 Gruppen for the purchase of all of the issued share capital of Mosart Medialab, a Norwegian private company active in the field of development and licensing of newscast automation software. Mosart […]
Dish TV’s founder and CEO Charlie Egren is again making a pitch that his pay-TV business should merge with arch-rival DirecTV. “There’s obviously a business case that [consolidation] makes a lot of sense in the satellite industry,” Ergen, the billionaire chairman and founder of Dish Network, told analysts on the company’s Q3 earnings call. “Whether […]
Spanish infrastructure giant Abertis has taken full control of satellite operator Hispasat. Abertis bought a 16.4 per cent stake through its wholly-owned subsidiary Abertis Telecom. The 16.4 per cent stake was bought from Spain’s state-owned National Institute for Aerospace Technology (INTA). Abertis paid €172.5 million for the stock, and now controls 57.05 per cent of […]
Verizon Digital Media Services has acquired upLynk, a technology and TV cloud company. The exclusive technology of upLynk simplifies the complex issues content owners face by streamlining the process of uploading and encoding TV Everywhere for live, linear and video on-demand content. By using a single adaptive video format across all devices, upLynk simplifies encoding, […]
A proposed merger between two of India’s giant DTH players, Reliance Digital TV and Sun Direct has been called off. Reportedly the talks, only ever at a ‘preliminary stage’ broke down but there were differences over the valuation of the two businesses in regards to their eventual share of the merged company. The initial plans […]
Fox International Channels (FIC) confirms that it has received approval from the Irish Competition Authority to complete the acquisition of Setanta Africa Services, a sports channel bouquet broadcast to over one million homes throughout sub-Saharan Africa. The acquisition is now closed, with FIC holding a 100 per cent stake in the acquired company. Setanta Africa […]
Telefónica has reached an agreement with PPF Group to sell 65.9 per cent of Telefónica Czech Republic, which includes its operations in Slovakia. The total cash consideration for the operation is €2,467 million with €2,063 million in cash payable upon completion of the transaction and a deferred payment of €404 million over a period of […]
Intel seems to have decided to give up on its ambitious OTT TV venture, OnCue, frustrated with the lack of cooperation from content providers, which, in turn, has undermined confidence in the venture from new CEO Brian M. Krzanich. The NYT reports Intel is in talks with Verizon which may lead to a partnership but […]
Vivendi has agreed to buy out Canal Plus France from Lagardere for €1.02 billion putting an end to years of friction over the pay-TV unit’s ownership structure. The cash transaction for the 20 per cent holding in Canal Plus France, mediated by a commercial court in Paris, will terminate all disputes between the two companies, […]
Liberty Global International (LGI) is to sell substantially all of its international content division Chellomedia to AMC Networks. The assets being sold include Chello Multicanal, Chello Central Europe, Chello Zone, Chello Latin America and the broadcast solutions unit Chello DMC. In addition, Chellomedia’s stakes in its joint ventures with CBS International, A+E Networks, Zon Optimus […]