Luxembourg’s M7 Group has acquired Czech and Slovak satellite pay TV platform Skylink. M7 Group, which acquired Dutch service Canal Digitaal, Flemish service TV Vlaanderen and Wallonia operator Télé Sat, is said to have paid around CZK2 billion (€80 million) for Skylink, owned by local investment group J&T. The acquisition gives M7 Group a total […]
Scripps Interactive has completed the acquisition of Virgin Media’s stake in UKTV. In completing the acquisition, Scripps Networks Interactive has acquired a 50 per cent common equity interest in the UKTV partnership and the outstanding preferred stock and debt owed by the partnership to Virgin Media. BBC Worldwide, the commercial arm and wholly owned […]
NAGRA, the Kudelski Group company, has acquired Sigma Systems’ Subscriber Information Service platform (SIS) business. As part of the business partnership, Sigma Systems will continue its product development and deployment support associated with the launch of the SIS business for NAGRA. “NAGRA is committed to enabling advanced advertising capabilities, addressability in particular, for service […]
Pendrell Corporation announced that its subsidiary, Pendrell Technologies is to acquire 90.1% of privately-held ContentGuard Holdings, Inc., a leading inventor, developer and licensor of digital rights management (DRM) and related content distribution patents and technologies. The Company will pay $90.1 million in cash to the current ContentGuard shareholders. ContentGuard and its management team will […]
DISH Network, the number two US DTH platform, has bid for Hulu to add it to a growing portfolio of content delivery platforms that includes Blockbuster. Headed by Charlie Ergen, DISH has reportedly offered more than Yahoo or Amazon with a figure said to top $1.9 billion. However, such is the frenzy for the $500 […]
The Hollywood studio where Atlanta burned in Gone With The Wind, and Citizen Kane was filmed, is up for sale. The Culver Studios, owned over the years by Cecil B DeMille, RKO, Howard Hughes and Lucille Ball’s Desilu operation and was ‘home’ to people like Joseph Kennedy, David O Selznick, and productions such as Peyton […]
China’s leading real-name social networking Internet platform Renren is to acquire 100 per cent of 56.com, a leading user generated content (UGC) online video sharing site in China in a $80 million cash deal. The acquisition is expected to be completed in the fourth quarter of 2011, subject to customary closing conditions. Founded in 2005, […]
Japanese cable services provider Jupiter Telecommunications (J:COM) has concluded an agreement with Sotetsu Holdings on buying a controlling stake in Yokohama Cable Vision, which is owned by Sotetsu. Yokohama Cable Vision (YCV) operates in Yokohama with 260,000 homes passed. J:COM will buy 51 per cent of the shares in YCV and Tokyu will buy 49 […]
Poland’s TVN is in the sights of Time Warner of the US and Vivendi of France according to reports. Time Warner wants to buy TVN directly rather than through Central European Media Enterprises, in which Time Warner owns 31 per cent. TVN, valued at €1.03 billion is controlled by ITI Group, a Polish media company. […]
Cablevision insists it is not selling its Paraguayan subsidiary. Cablevision is owned by Argentina’s Clarin Group. Recent reports have suggested that a sale would be made. The newspapers even quoted the likely sale price ($180m). Possible bidders were named as America Movil or other major local media players. However, Cablevision insists a sale is not […]