Just as it seemed the race to purchase online entertainment service Hulu was entering the final straight, its three owners – Fox, Disney and NBCUniversal – have called off their planned sale and announced that they will invest $750 million in the service. The move represents the second time Hulu has been taken ‘off the […]
Liberty Global’s Chellomedia group of channels have been on the sales forecourt since May, and Liberty’s CEO Mike Fries, while declining to comment on individual suitors for the Chellomedia business, has admitted that further consolidation in the European cable sector was “inevitable”. It is widely believed that Scripps Networks is a leading bidder to acquire […]
Liberty Global’s John Malone, speaking at the Allen & Co high profile gabfest at Sun Valley, says that DirecTV and Dish Network should merge. “It would be good, by the way, if DirecTV could combine with Echo or Dish or whatever Charlie calls it now just because scale economics in the media business drives down […]
Also at Sun Valley Malone told Reuters that all US MSOs would benefit from owning the online streaming service Hulu. Yahoo, AT&T and Time Warner Cable, have been linked to bids for Hulu, with US pay TV operator DirecTV said to be ahead of the pack. Malone siad: “On their own, if they were the […]
Bharti Airtel is in talks with US telco giant Liberty Media to sell a stake in its unlisted DTH business, as compulsory digitisation and higher foreign ownership limit drive firms to seek capital and market reach. According to reports, Bharti has informed three private equity firms that it was keen on selling a larger stake […]
A+E Networks has concluded a transaction with AOL to assume full ownership of AETN All Asia Networks, the Singapore-based company formed as a joint venture in 2007. AETN All Asia Networks will be rebranded as A+E Networks Asia. “The transition to full ownership of A+E Networks Asia is a first for our company and marks […]
Three bidders are chasing Hulu’s name and assets according to reports – with suggestions that DirecTV is one of the trio prepared to pay well over $1 billion for the US OTT service. Two consortia are also in the bidding pool. Former News Corp executive Peter Chernin is linking with telco giant AT&T to make […]
It seems Sky Deutschland is entering its second phase of life, at least according to analysts at Berenberg Bank. Senior analyst Sarah Simon already had a ‘BUY’ recommendation on Sky Deutschland in place at €5.35. Now she is raising her guidance even higher, to €6.40 a share, and it seems the market is also talking up […]
Hulu is now in the final straight as far as bids are concerned. One widely-reported bidder, Silver Lake Partners, has pulled out. This final round wrapped on July 5th but the US Independence Day holiday weekend seems to have kept many potential working hard if only ensuring that their cash is lined up. Hulu is […]
Sun Direct is one of India’s regional DTH players initially serving a mainly Tamil audience. With more than 8 million subscribers (as at January 2013) it is now It is about to take control of Reliance Digital TV. Sun will be taking an 80 percent financial stake in Reliance, and full control. A deal is […]