Reports suggest that UK commercial network ITV is looking to acquire format specialists Endemol. ITV is also said to be in discussion with Italy’s Mediaset, which is one of three owners of Endemol equity. Endemol itself is heavily indebted with at least $2 billion in debt (some reports put the debt burden at nearer $4 […]
The Pace share price has jumped as the London stockmarket is alive with rumours that the world’s largest supplier of STBs is a firm take-over target and BSkyB, Cisco Systems and private equity firms are reportedly interested in acquisition. Pace’s share price has been highly volatile this past week, at one stage on August 25th […]
Veteran US media analyst Rich Greenfield of BTIG Research, says Google should buy Hulu – though he still refers to the decision to sell as a “mistake of epic proportions”. Hulu, owned by Comcast, News Corp., Disney and Providence Equity, has reportedly extended the deadline for initial bids to this weekend (Aug 26th). Those […]
Liberty Media’s Chellomedia has acquired a 40 per cent stake in Bosnian free-to-air broadcaster OBN. It said that acquiring the stake in the Bosnian market would enable it to create a hub for the launch of pay channels later as infrastructure in the country developed, as well as positioning it to benefit from growth in […]
The SEC filing on Google’s bid for Motorola reveals a $2.5bn break clause if regulators deny the deal – that’s 20% of the value of the bid. The filing also revealed a termination fee of $375 million that Motorola will have to pay to Google if it accepts a better buy-out offer from a […]
To misquote the old joke, Question: where does Googorola; the 800lb offspring of the Google buy of Motorola, sit in the media platform ecosystem? Answer: Anywhere it damn well pleases! Funny? Not really. True? Not really, but maybe a bit. Google has swept all before it in search, online advertising and now mobile, with Android […]
BBC Worldwide has agreed the sale of its magazine business, which publishes titles including Top Gear and Radio Times, for £121 million (€138m). Exponent, owner of online media jobs service Gorkana has acquired BBC Magazines. It is taking over all Worldwide’s non-BBC-branded magazines outright as well as the rights to publish BBC-branded titles including Top […]
In a move which it suggests will “supercharge” its Android ecosystem, enhance competition, and offer “wonderful user experiences”, Google Inc. is to acquire Motorola Mobility – the part of the business which covers converged mobile devices such as smartphones and tablets; wireless accessories; end-to-end video and data delivery; and management solutions, including set-tops and data-access […]
As widely expected, Scripps Networks is to acquire Virgin Media’s stake in UKTV, the joint-venture multi-platform channel operator with BBC Worldwide. Scripps Networks Interactive will pay approximately £239 million to purchase Virgin Media’s 50 per cent common equity interest in the UKTV partnership and also will pay about £100 million to acquire the outstanding preferred […]
Time Warner Cable has agreed to pay $3 billion in cash for Insight Communications. The transaction, subject to approvals, will strengthen Time Warner Cable’s presence in the east of USA presence, adding more than 750,000 subscribers in Indiana, Kentucky and Ohio. Insight is owned by The Carlyle Group, Crestview Partners, MidOcean Partners, members of Insight […]