In a move that accelerates its OTT product offering, video solutions provider Accedo has acquired Easel TV, the UK-based provider of advanced streaming technology and digital media solutions founded by media executives Joe Foster and Bill Scott. The acquisition will bring the Easel TV SaaS platform and the Accedo Accedo One SaaS platform under one […]

Boca Raton-based Terran Orbital builds small-to-midsized satellites. Its order book includes 300 satellites for Rivada Networks, it has contracts in place with the European Space Agency (ESA) and NASA’s Space development Agency. In 2023 it introduced a range of seven standardised satellite options for clients wanting a speedy solution for nano, micro, mini and small […]

ITV has sold its entire 50 per cent interest in digital subscription streaming service BritBox International to its joint venture partner BBC Studios for a cash consideration of £255 million (€297.7m). The sale comes as ITV focuses its strategy on its own streaming service, ITVX, and its Studios division. The Board intends to return the […]

Reliance Industries Limited (RIL) is to control a joint venture with The Walt Disney Company that will combine the businesses of RIL’s Viacom18 and Disney’s Star India. RIL has agreed to invest $1.3 billion into the joint venture (JV) for its growth strategy. The transaction values the JV $8.5 billion. Post completion the JV will […]

South Africa’s Takeover Regulations Panel (TRP) has ruled that French media company Canal+, owned by Vivendi, must make a mandatory offer immediately to buy the remaining shares of pay-TV company MultiChoice. Canal+, the biggest shareholder, offered to buy the rest of the company for €2.5 billion earlier this February. It held a 31.67 per cent […]

Freya Investissement, a special investment vehicle jointly owned by iliad and NJJ Holding, has entered into a binding agreement to acquire approximately 19.8 per cent of the share capital of Tele2 from Kinnevik, an investment company focused on digital consumer businesses. Consideration for the transaction will be paid in cash and totals approximately SEK 13 […]

Canal+ Group has increased its stake in Viu, the Asian OTT platform, to 30 per cent, in accordance with the terms of the transaction announced on June 21st 2023. For the French media group, owned by Vivendi, this increase marks a further step in its plan to make Asia its next growth driver, through its […]

Amazon founder Jeff Bezos is said to be the frontrunner to buy United Launch Alliance (ULA), the joint-venture giant rocket business backed by Boeing and Lockheed Martin. ULA wanted up to $4 billion (€3.7bn) for its assets, but reports suggest that the final price might be much nearer $2-2.5 billion. CNBC says that signed agreements […]

The European Commission has approved, under the EU Merger Regulation, the proposed creation of a joint venture by Orange and MásMóvil. The approval is conditional upon full compliance with a commitments package offered by Orange and MásMóvil. The decision follows a prolonged investigation of the proposed transaction. The EC explained that “Orange is a full […]

BT Group has agreed to the sale of the BT Tower for £275 million (€321.2m) to MCR Hotels, which plans to preserve the Tower as an iconic hotel. As the UK heads into an all-digital future, a number of network operations that were traditionally provided from BT Tower are now delivered via BT Group’s fixed […]