Paris-based Eutelsat is currently the third-largest in the world (after Intelsat and SES) but is determined to expand. This time last year it expanded to the East acquiring a satellite business that focussed on the Far East and part of Australia. On July 30th it announced it would build a giant satellite (Eutelsat 65 West […]
Further to the June 24th announcement of its agreed takeover bid for German cable MSO Kabel Deutschland, Vodafone has launched a voluntary public takeover offer for the entire share capital of Kabel Deutschland Holding (KDH) through its indirect wholly owned subsidiary Vodafone Vierte. Shareholders of KDH can tender their shares from today (July 30th) until […]
Italian thematic channel producer LT Multimedia has acquired the three Sportitalia TV channels on DTT. Rome-based LT Multimedia produces the Leonardo, Marcopolo and Nuvolari channels, available both on DTT and satellite (Sky Italia). The move follows an auction for the TV assets for the ex-Interactive Group (Maroncelli 9), which was declared bankrupt in December.
Following a day of speculation, communications and advertising companies Omnicom Group and Publicis Groupe have confirmed what they describe as a “merger of equals” to create Publicis Omnicom Group, a best-in-class communications, advertising, marketing and digital services company. The new company will have a combined market capitalisation of $35.1 billion/€26.5 billion. In a joint statement, […]
Cable MSO Liberty Global International (LGI) has further increased its stake in Dutch cable operator Ziggo. In a statement, the Supervisory Board and the Board of Management of Ziggo N.V. noted that according to an 8k SEC filing made by Liberty Global, the stake of Liberty Global in Ziggo N.V. has been raised to 28.5 […]
Cable MSO Liberty Global International is assessing its first-round bids for pay-TV unit Chellomedia, reports the FT, suggesting that second-round winning bids are likely to value the operation at around $1 billion. It is understood that bids have been received from media companies and private equity companies, including Scripps Networks Interactive, Turner Broadcasting System and […]
ITV has acquired 100 per cent of Big Talk Productions and associated companies (Big Talk), the producer of programmes including Friday Night Dinner and Rev as well as movies including Shaun of the Dead and The World’s End. ITV will pay an initial cash consideration and further capped cash payments contingent on Big Talk’s future […]
Negotiations which might have led to Time Warner Cable taking a 25 per cent stake in entertainment video streaming site Hulu have been called off, reports Reuters. It is understood the parties were unable to agree a price for the stake. Hulu’s owners – Walt Disney Co, 21st Century Fox and NBC owner Comcast Corp […]
Turk Telekom confirmed that it had made an offer to acquire 53 per cent of Turkish pay-TV operator Digiturk. However, it is widely reported that other Turkish media conglomerates, including Dogan Holdings as well as Dogus Group, have also expressed interest in Digiturk. News Corp and Liberty Global are also said to be interested. Digiturk […]
CBS-owned outdoor advertising business CBS International is being bought by Platinum Equity LLC. The purchase price is “about” $225 million, and covers the non-American portion of the business. The business has been up for sale since January. The assets cover CBS International’s loss-making advertising contract on London’s Underground subway system. CBS International – which many […]