Liberty Global has entered the bidding for Kabel Deutschland potentially tabling a €7.5 billion offer to top Vodafone’s bid last week. The FT reports that Liberty has made a bid of about €85 a share. KDG confirmed that it had “a preliminary proposal” from Liberty. Liberty said the KDG’s statement was accurate but declined to […]
Troubled Belgian outside-broadcast giant Alfacam is being bought out of bankruptcy protection by French media company Euro Media Group. Euro Media Group is backed in part by Belgian investment company Ackermans & van Haaren. Euro Media is already involved with providing broadcast services for live events. Financial details were not divulged but local reports suggest […]
The Australian press is full of reports as to who is likely to end up owning Singapore Telecom’s Optus Satellite fleet of 5 craft. Hong Kong-based SingTel says it wants around $2 billion for the fleet, and there’s a deadline of June 21st for first bids to be submitted. Private equity investors in the form […]
The Indian press is reporting that Reliance Digital TV, an Indian DTH player with 6 million subs, might be selling out to one of India’s regional DTH players, Sun Direct. Discussions are said to be at an advanced stage. Sun Direct has more than 8 million subscribers. If the deal goes through it will leapfrog […]
Global Radio is fighting to keep control of GMG Radio, owner of the Real and Smooth networks, and is submitting an appeal against the competition regulator’s order to sell off stations across the UK. The UK’s largest radio operator, owner of network radio brands including Capital, Heart and Real, intends to make a submission to […]
In an unexpected turn on June 12th, Clearwire declined the rival bid from existing majority owner Sprint Nextel and instead selected the rival Charlie Ergen bid via his Dish Network pay-TV operation. Late on June 12th in a regulatory filing Clearwire urged its stockholders to accept the Dish bid which is worth $4.40 a share, […]
Modern Times Group, the international entertainment broadcasting group, has revealed that MTG Studios has signed an agreement to acquire Digital Rights Group (DRG) from Ingenious Media. The UK independent content distributor representing titles such as Inbetweeners, Singing Bee, Catch Phrase and Don’t Tell the Bride. MTG have taken a 92.4 per cent stake in the […]
Cable MSO Kabel Deutschland has issued a statement saying that it notes recent speculation regarding a potential offer for Kabel Deutschland Holding AG and confirms that it has received a preliminary approach by Vodafone Group PLC regarding a possible offer for the company. “There is no certainty that any offer will ultimately be made nor […]
Rupert Murdoch is about to take his big chance finally to break into the Spanish pay-TV market, according to local reports. News Corp and Telefonica are holding negotiations to acquire the majority of stakes in digital DTH platform Canal Plus, owned by media group Prisa TV, shared by the Spanish telco company Telefonica. Both companies […]
As anticipated by Mike Fries, President and CEO of Liberty Global when participating in the TV Summit at ANGA COM in Cologne, the cable MSO has confirmed that, following shareholder approvals, regulatory approvals and other customary closing conditions, it has completed the previously announced acquisition of UK quad-play operator Virgin Media in a stock and […]