Advanced Television

M&A

Can a company’s DNA kill it?

Will DNA that doesn’t adapt kill a company? The chemistry of corporations and their leaders is endlessly fascinating to us ‘industry watchers.’ To what extent are companies reflections of their leaders or, conversely, do some companies suck the personality out of managers, demanding everything is done the ‘XYZ’ way? Can you take the DNA of […]

August 19, 2013

Fox takes 5% stake in Vice Media

Vice Media has signed a $70 million deal with 21st Century Fox – giving Fox a five per cent stake in in the company. Vice has grown significantly since its humble beginnings as a free underground music handout to a global media and publishing group dedicated to art, technology, fashion, music and world news. “I […]

August 19, 2013

Court threatens German cable M&A

A higher regional court in Germany has reversed an approval by the country’s cartel office for Liberty Global’s €3.16 billion acquisition of KabelBW, throwing the merger into doubt. The Duesseldorf court ruled that the antitrust regulator will have to look at the case again, to either block it or approve the purchase applying stricter conditions […]

August 14, 2013

Extreme Reach buys DGIT’s TV Business

Extreme Reach, Inc., a video platform for integrated TV, online and mobile advertising, has agreed to acquire the TV business of Digital Generation, Inc, including its advertising distribution business unit, for $485 million in cash. The transaction, which is subject to approval by DGIT’s shareholders, is expected to be accomplished in two steps: DGIT will […]

August 13, 2013

Optus sale scrubbed

Singapore Telecom has decided not to sell its Optus Satellite division despite considerable interest from the market. The company said in statement that it had conducted a full strategic review of its options and had decided “[it is] committed to growing and investing n the satellite business”. It seems that despite the interest from players […]

August 13, 2013By Chris Forrester

Reliance merges India DTH with Sun Direct

India telco giant Reliance Communications is merging its Reliance Digital TV operation with rival Sun Direct. Reliance will hold a 26 per cent stake in the new DTH entity, but will then itself exit the DTH business. As part of an agreement to be unveiled in the next day or so, it is understood that […]

August 12, 2013By Chris Forrester

Slim bids for KPN control

Carlos Slim’s America Movil has made a €7.2 billion bid for the 70 per cent of Dutch telecoms group KPN it does not own, challenging Telefonica’s attempt to buy KPN’s German business. Telefonica last month made an $11 billion offer to buy KPN’s crown jewel, Germany’s E-Plus, disrupting America Movil’s expensive – and on paper […]

August 9, 2013

Optus sale down to 2 bidders

According to unconfirmed reports from Australia, both Eutelsat and SES have dropped out of the bidding to take control of Singapore Telecom’s Optus satellite unit. Intelsat is said to still be interested in acquiring the assets, while the other firm bidder is from a consortium led by Blackstone Group, TPG Capital and Malaysia’s MEASAT. Other […]

August 9, 2013By Chris Forrester

Kantar Media takes stake in SecondSync

Kantar Media, a specialist in audience measurement, has acquired a minority stake in SecondSync, a UK-based social TV analytics company. The move extends the existing relationship between the two companies, who entered into a data sharing agreement earlier this year. The two companies will now work closely together to deliver a range of TV measurement […]

August 8, 2013

AOL boosts video ads with Adap.tv buy

Following rumours mid-July, AOL has confirmed it is to acquire programmatic video advertising platform Adap.tv for $405 million, which AOL says gives it a leading position in premium and programmatic video advertising. Announcing the deal, AOL says that Adap.tv brings it: The only complete global programmatic video technology stack for publishers and advertisers across all […]

August 7, 2013