Turkish media giant Dogan Group is making a $742 million bid to buy pay-TV operator Digiturk. Specifically, Dogan is bidding to buy Cukurova Holdings which would give it a 53 per cent stake in the digital pay-TV broadcaster. Digiturk is up for sale insofar as it is the state-owned Savings Deposit Insurance Fund is selling […]
RRsat Global Communications Network, a provider of digital content management and global content distribution service, has confirmed the acquisition of JCA, a London-based provider of content management services. The acquisition is expected to be accretive to RRsat’s earnings within the first full operational quarter post acquisition. RRsat is acquiring 100 per cent of TVP Group […]
Japanese e-commerce giant Rakuten has confirmed that it is to acquire Singapore-based video streaming website Viki in a move that better places it to compete with online services such as Amazon’s LOVEFiLM and Netflix. The deal is reported to be worth $200 million. In recent times, Rakuten has been ramping up its content interests, acquiring […]
Liberty Global shares jumped last night on speculation that Vodafone could use cash from its exit from the Verizon Wireless bid for the cable MSO. Liberty shares rose 4 per cent in late trading when Macquarie Equities analyst Amy Yong speculated that Verizon could use some of the cash to bid for Liberty Global. “Given […]
DNA and Teracom Group have agreed on DNA’s acquisition of PlusTV. The Finnish Competition and Consumer Authority has approved the acquisition and, PlusTV will become DNA’s wholly owned subsidiary. As a result of the acquisition of terrestrial network pay-TV operator DigiTV Plus Oy, or PlusTV, the TV services available through the antenna network will be […]
Vodafone has confirmed it is in talks with Verizon over the sale of its 45 per cent stake in their joint venture, Verizon Wireless. Reports earlier this year suggested that Verizon was looking to buy Vodafone’s stake in Verizon Wireless for about $100 billion. Shares in Vodafone jumped 9 per cent following the company’s announcement. […]
Portugal’s Competition Authority has issued a final decision, stating its agreement to the merger between triple-play provider Zon Multimedia and mobile telephony operator Optimus. The decision confirms the draft decision that includes the commitments made by both parties. Among other things, Optimus will extend the duration of the network sharing agreement with Vodafone Portugal; Optimus […]
The German competition authorities have reported they have no objections to UK mobile phone giant Vodafone plan to take over Kabel Deutschland. “Following a preliminary examination on our part, we’ve assessed that it’s more of a complementary tie-up,” the head of Germany’s Federal Cartel Office, Andreas Mundt, told Frankfurter Allgemeine Zeitung. The dossier would now […]
Telestream, a provider of digital media tools and workflow solutions, has completed the acquisition of leading US captioning software company, CPC. The acquisition adds CPC’s award-winning products to Telestream’s offerings. It also brings deep expertise in captioning, which will benefit the company’s current and long term product strategies. Telestream’s transcoding, workflow automation, live streaming and […]
Rentrak, the specialist in measuring TV everywhere, serving the advertising, TV and movie industries, has acquired iTVX, a global palyer in measuring branded entertainment analytics, insights and research across TV, Movies, Internet and Social Media. iTVX serves some of the largest advertisers, including Chrysler, Nissan, Toyota, Pepsi, Subway and Telemundo, with advanced analytics for branded […]