Liberty Global Inc has put its Chellomedia television-channel business up for sale, in a move that it hopes could net between $800 million and $1 billion, reports the WSJ. Chellomedia is Liberty Global’s content division, producing and distributing TV channels in a variety of genres including sports, movies and cooking to roughly 390 million households […]
Charlie Ergen, the chairman of Dish Network Corp has offered to buy bankrupt broadband company LightSquared Inc’s wireless airwaves, says Reuters. Ergen’s offer is said to be valued at $2 billion. LightSquared, which declared bankruptcy in May 2012, was bankrolled by hedge investor Philip Falcone. Falcone’s plans to introduce a new wireless network in the […]
Charlie Ergen’s attempt to buy cellular giant Sprint isn’t a done deal just yet, but Dish Network’s move on Sprint has certainly moved to the next level. Sprint has agreed to permit Dish Network to view “certain non-public information” and to “engage with Dish in discussions and negotiations” regarding the merger proposal made on April […]
Hey, I know that Tumblr isn’t really aimed at me. And, goodness knows, I don’t want to needlessly relieve myself on someone else’s parade. But! But, like most of you, I have a direct interest in big international companies doing well and being well managed, it’s called my pension. Because of the business we’re all […]
SBS Discovery Media has agreed a deal to acquire Swedish channel TV11 from the TV4 Group as it continues to expand its footprint across Scandinavia. The channel will join flagship Kanal 5 and its sister channel Kanal 9 in SBS Discovery’s portfolio of Swedish channels. Jonas Sjögren, CEO of Sweden for SBS Discovery Media, commented: […]
Time Warner Cable is considering taking a stake in US streaming service Hulu, for which owners News Corp and Disney are accepting bids, according to a Bloomberg report. TW Cable would be a fourth owner, alongside NBC Universal, which has a non-controlling interest in the venture in accordance with a condition of its acquisition by […]
Arqiva has acquired Selective Media – the UK-based WiFi media specialist. Arqiva acquired a 50 per cent share in the business as part of its acquisition of Spectrum Interactive last year, but has now acquired the remaining 50 per cent. Selective Media specialises in providing targeted advertising campaigns across the whole of Arqiva’s WiFi network. […]
Baidu, the Chinese language Internet search provider, is buying the online video business of Internet video provider PPS for $370 million to create China’s largest online video platform by number of mobile users and video viewing time. Baidu and PPS expect the transaction to close in the second quarter of 2013, subject to customary closing […]
China’s EKT (Eagle Kingdom Technologies), a supplier of advanced STB solutions and iP4 (iP4.tv GmbH), a developer of advanced STB middleware called solidTV, have joined forces in a merger that sees a seamless integration of the iP4.tv STB middleware and the Advanced Hardware solutions from EKT. The merger allows EKT to offer cost effective solutions […]
Samsung has acquired up MOVL, a company known for smart TV games and its TV app development platform. Samsung acquired the Atlanta-based startup last month but hasn’t been reported until now. Terms of the deal haven’t been disclosed. A MOVL spokesperson released the following statement: “In April 2013, two years after inception, MOVL has officially […]