Poland’s largest media group Cyfrowy Polsat has agreed to buy online video service ipla for 150 million zlotys ($48.1 million) from a company owned by Cyfrowy’s controlling shareholder Zygmunt Solorz-Zak, it has confirmed. According to Cyfrowy Polsat’s CEO Dominik Libicki, the acquisition complements the company strategy to provide the widest possible distribution of content using […]
Following its suggestion February 20 that networking giant Cisco was looking to sell off its set-top box business – swiftly denied by the company – the New York Post is now reporting that Google is trying to sell the pay-TV set-top box (STB) unit that it will acquire with Motorola Mobility once the $12.5 billion […]
UK based 3D Visual Enterprises has acquired 100 per cent of Meduza Systems LLC, the Irvine, CA based award-winning developer of the 3D cameras, the Meduza TITAN and the Meduza MK1, it was announced today by Chris Cary, CEO of the newly formed combined company, re-named Meduza Systems Ltd. In streamlining the company, the executive […]
Two days ago we were reporting that talks were progressing well on the sale of Malaysia-based Measat, and that Arabsat as well as Eutelsat (and others) were lining up to bid for the satellite assets. Measat handles around 400 TV and 160 radio channels as well as DTH platforms and beams its signals to more […]
The Australian Competition and Consumer Commission has commenced market consultation on the proposed undertaking offered by pay-TV platform Foxtel in respect of its proposed acquisition of Austar, dashing the hopes of those who expected the regulator to give its approval of the deal. “The proposed undertaking has been offered by Foxtel to address the harm […]
Discovery Networks has confirmed the acquisition of a 20 per cent equity stake in Televista, a French pay-TV company specialising in the female lifestyle market. Under this agreement, Discovery becomes a strategic partner to Televista and will contribute to the development of its female lifestyle channels business. Discovery Networks will provide strategic counsel and access […]
Measat, the Malaysia-based satellite operator, is widely reported to be up for sale. Measat’s ‘hot spot’ is at 91.5 deg East and besides its existing modest fleet it also has a new craft on order (Measat 3B) due for launch in 2013. But the most valuable asset of Measat is the orbital slots against its […]
Dutch cable company Ziggo is not in talks with US group Liberty Global, Ziggo’s Chief Executive Officer (CEO) Bernard Dijkhuizen has told a Dutch newspaper. His comments come a day after Ziggo said it was preparing for a listing on the Amsterdam stock exchange and follow months of speculation in the Dutch press that Liberty, […]
Canadian cable MSO Cogeco Cable has sold its struggling Portugal unit Cabovisão to European media and telecoms investment group Altice for €45 million Altice holds stakes in Numericable, Est Videocom, Coditel and Completel companies in France, Belgium and other parts of Europe. The sale was long expected after Cogeco Cable wrote off its entire investment […]
Australian pay-TV operators Foxtel and Austar have agreed to make some of their exclusive content available to Internet Service Providers as part of undertakings to win support from the competition regulator for their A$1.9 billion merger, reports The Australian. It is understood the pair will allow some content to be used by ISPs for IPTV, […]