Manchester United has acquired the one-third minority equity stake in Manchester United Television (MUTV) from BskyB (Sky). MUTV is now a wholly-owned group subsidiary. As part of the club’s long-term digital media plans, Manchester United has made the strategic acquisition of Sky’s stake in MUTV in order to own 100 per cent of the content […]
YouTube owner Google is set to take a stake of close to 10 per cent in Vevo – the music video website founded by Universal and Sony – in a deal worth $50 million. The deal between Google and Vevo, which has not yet been signed, is reported to include the renewal of an agreement […]
Nevion and T-VIPS, pioneers of media transport for broadcasters, service providers and government entities worldwide, have announced that the merger of the two companies is complete. The new company, named Nevion, is committed to preparing customers for the next generation of media transport from acquisition to the home. “After more than 25 years Nevion continues […]
Liberty Global has announced that 9,497,637 ordinary shares and 3,000 warrants were tendered into the voluntary and conditional cash offer from its wholly-owned subsidiary Binan Investments on December 18th 2012 for the outstanding shares and other securities giving access to voting rights of Telenet it didn’t already own. Following acceptance of the tendered shares, Liberty […]
Arris Group is selling approximately 10.6 million shares of its common stock, valued at $150 million, to Comcast Corporation. The sale of the shares to Comcast is part of the previously announced Arris acquisition agreement for the Motorola Home business from Google. As provided for in the Motorola Home business acquisition agreement, the shares issued […]
Discovery Italia, the Italian unit of US media company Discovery Communications, has purchased a 100 per cent shareholding in Switchover Media, an Italy-based TV channel producer. Rome-based Switchover Media operates a total of four free-to-air channels – two aimed at an adult audience (Giallo and Focus) and two for kids (K2 and Frisbee), as well […]
Dominant Spanish telco Telefonica is to sell its 13 per cent stake in satellite operator Hispasat to Spanish infrastructure company abertis and satellite operator Eutelsat for €101 million. The deal sees Telefonica garner a capital gain of €47 million. Abertis paid €68 million for 7.2 per cent of Hispasat, leaving it with 41 per cent […]
SintecMedia, the broadcast management software provider, has acquired an important player in the US broadcast management space. StorerTV, a top North American provider of media program and contract rights management software solutions for the television broadcast and cable industry, is now part of the SintecMedia family. StorerTV clients will now be able to access OnAir, […]
Charlie Ergen’s Dish Network is bidding to buy telco Clearwire. It seems that Dish, in offering $2.2 billion for all of Clearwire’s shares (at $3.30 a share), has beaten existing Clearwire shareholder Sprint Nextel in the race to acquire the telco business. Sprint Nextel takes a different view and said it had no intention of […]
Belgium Satellite Services s.a., (BSS) a major satellite service provider based in Europe announces the completion of acquisition of “Intersat”, one of well known service provider of Internet via satellite in Africa and M.East. With this acquisition, BSS expands its operations and service delivery in Middle East and African markets. Together with Intersat, BSS will build […]