Michael White, CEO at DirecTV expressed doubts June 9 as to whether US regulators would permit a merger between DirecTV and arch-rival Dish Network. He was speaking in a live interview on Bloomberg TV News. He spoke about the broadcaster’s “clear” strategy for the future, and that they were looking at any possibilities that enhanced […]
Four private equity companies have reached the second round of bidding for the Swedish cable company Com Hem. CVC Capital Partners, Nordic Capital, BC Partners and Cinven are involved in a process which values the company between $2.57 billion and $2.9 billion. Com Hem, which is owned by Providence Equity Partners and Carlyle, is connected […]
News Corp and regulators are said to have agreed in principle a deal on the final obstacles to a full bid for control of BSkyB nearly a year after the initial bid. The FT reports that ministers wanted to hire external lawyers to review the proposed remedy that News Corp has offered in order to […]
Foxtel chief Kim Williams has hit back at claims made May 31 by telco Optus that the pay-TV group’s proposed A$1.9 billion merger with Austar could threaten competitive access to content. Optus CEO Paul O’Sullivan used a keynote speech at a the CeBIT conference to call on the competition regulator to consider creating “must-share provisions” […]
The head of Australia’s second-largest telco says the proposed merger of pay-TV services Austar and Foxtel could raise competition concerns regarding content. According to Optus chief executive Paul O’Sullivan, the Australian Competition and Consumer Commission (ACCC) needs to look carefully at the proposed deal, announced May 26 . “Optus is a company that is frequently […]
Broadband technology specialist Arris Group is in discussions to buy multi-screen video provider SeaChange International, reports The Wall Street Journal, citing people familiar with the matter. It is unclear what price SeaChange will fetch, or if a deal will be reached between the two companies, which have been in off-and-on talks for the past several […]
French pay TV operator Canal Plus and French telco Orange have dropped their plan to form a 50/50 joint venture between Canal Plus’s TPS Star service and Orange’s film and TV series channels, according to reports in French newspapers. A new plan to see Canal Plus buy a minority stake in Orange’s channels has been […]
A possible merger between the USA’s two satellite pay-TV giants DirecTV and Dish Network is a topic that we have already covered earlier this year. Now, however, we have the fresh knowledge that newly appointed Dish Network CEO Joe Clayton also agrees it is a possibility. This is not to say it will happen, of […]
Austar United Communications, the Australian pay-television group majority owned by Liberty Global, has said that a $2 billion takeover bid from rival Foxtel had been pitched at an “appropriate” value. The offer from Foxtel, half-owned by Australian telco Telstra with 25 per cent stakes held by News Corp and James Packer’s Consolidated Media, potentially ends […]
TV One has confirmed the recent sale of one hundred per cent of the Company’s stock to a subsidiary of Nortek, a diversified global manufacturer. The sale includes all TV One related, wholly-owned companies in the US, UK, Taiwan and China. TV One will be included in Nortek’s Technology Products segment and closely aligned with […]