Australian regional pay-TV provider Austar is to seek court approval to postpone its Shareholder Meetings relating to the proposed acquisition of Austar by Foxtel to the end of March 2012. This will allow time for the Australian Competition and Consumer Commission (ACCC) to finalise its review of the transaction. Further details of the postponement will […]
A Class Action lawsuit from Vivendi investors who bought into the company when it was being run by Jean-Marie Messier some 10 years ago, has been largely dismissed. The action, before US District Judge Richard Holwell in Manhattan, argued that Messier and his CFO at the time (Guillaune Hannezo) made materially false or misleading statements […]
Genexis – a European market specialist in home gateways for fibre-to-the-home – has acquired the CPE (Customer Premises Equipment) business unit of PacketFront. All activities of the business unit will be fully integrated into Genexis and its new subsidiary – Genexis AB – based in Stockholm, Sweden. “This acquisition marks an important step in Genexis’ […]
Genexis – a European market expert in home gateways for fibre-to-the-home – has acquired the CPE (Customer Premises Equipment) business unit of PacketFront. With effect of the 1st of February, all activities of the business unit will be fully integrated into Genexis and its new subsidiary – Genexis AB – based in Stockholm, Sweden. “This […]
Disney has completed its acquisition of UTV, paying $454 million for the shares in the Indian media group that it did not already own. Disney plans to delist UTV from the Indian stock exchange and is creating Walt Disney Company India, a new holding company that will manage UTV alongside its other assets in the […]
Deutsche Telekom and NetCologne have challenged the German antitrust authority’s approval of Liberty Global’s acquisition of Kabel Baden-Wuerttemberg, Boersen-Zeitung has reported. Concessions accepted by the watchdog don’t guarantee market competition for contracts with housing associations, which often reach long-term agreements with cable operators, the German newspaper reports Deutsche Telekom as saying.
There’s a bidding war breaking out to control Turkey’s Calik Holdings, the nation’s second-largest media group with extensive TV and print investments. Calik owns Sabah-ATV, which it bought in 2007 for $1.1 billion. Reports are that Calik is seeking $1.25 billion for its media assets. Already Time Warner’s name is in the frame, as well […]
Intel has signed an agreement with RealNetworks to purchase a significant number of patents from the company, as well as next generation video codec software, for $120 million. Under the terms of the sale, RealNetworks will retain certain rights to continue to use the patents in current and future products. In addition to the sale […]
Not to be confused with the similarly-named IP Vision, which announced January 26th that it had appointed administrators, IPTV service provider Vision IPTV has merged with sister companies to form VISION247. The combination unites four sister companies: Vision IPTV in the provision of IPTV services, Playout247 in providing broadcast services, Soho Data Centre in providing […]
Vision IPTV, Playout247, Soho Data Centre and Connexion Broadcast are now officially operating as one: VISION247. The combination unites the four sister companies, Vision IPTV in the provision of IPTV services, Playout247 in providing broadcast services, Soho Data Centre in providing Data Centre services and Connexion Broadcast in providing worldwide content distribution through hotels and […]