Magnite, the independent sell-side advertising company, has announced the acquisition of streamr.ai, a platform specialising in AI tools that make Connected Television (CTV) advertising accessible to Small and Medium-sized Businesses (SMBs). Magnite will offer streamr.ai’s technology to its ecosystem partners working with SMBs, including agencies, retail media networks, publishers operating buyer marketplaces, and DSPs. The […]
Minute Media, a technology and sports content company, has announced its acquisition of VideoVerse. VideoVerse’s flagship product, Magnifi, an AI-driven SaaS technology platform, enables content owners and rights holders to automatically detect key moments, create highlights in real time, and distribute compelling short-form video content efficiently. With this acquisition, Minute Media says it plans to […]
SWISSto12, an aerospace company and Original Equipment Manufacturer (OEM) of advanced satellite systems and radio frequency products, has announced the acquisition of intellectual property (IP) and key assets from Hanwha Phasor, following Hanwha Phasor’s liquidation, as first revealed in August. SWISSto12 has acquired Ku band active electronically steered antenna (AESA) user terminal technology and assets […]
MFE-MediaForEurope, the TV group controlled by Italy’s Berlusconi family, has announced the final results of the voluntary public takeover offer to the shareholders of ProSiebenSat.1 Media SE. Following the end of the additional acceptance period of the MFE offer on September 1st, MFE has secured a total stake of 75.61 per cent of ProSiebenSat.1 shares through its […]
Canal+ group and French cinema group UGC have entered into exclusive negotiations regarding Canal+ group’s acquisition of a minority (34 per cent) stake in UGC. Following the acquisition of the minority stake, Canal+ would have the option, following agreement with UGC’s shareholders, to take full control of UGC from 2028. UGC is a French cinema […]
The Supervisory Board of ProSiebenSat.1 Media has extended the contract of Group CFO Martin Mildner for another three years until May 2029. Since joining ProSiebenSat.1 in 2023, Mildner has played a key role in strengthening the Group’s financial foundation and driving operational resilience. He has successfully implemented various efficiency initiatives, resulting in leaner cost structures […]
Financial discussions about a potential merger between the two declining DTH operators over North America could be on again. Indeed, those discussions have gone on for years and despite changes in ownership of DirecTV and enthusiasm from Charlie Ergen, founder of EchoStar/Dish Network, have come to nothing. But comments last week within Investor’s Business Daily […]
BT has completed the sale of its Irish wholesale and enterprise business unit to Speed Fibre Group. The transaction, first announced in February and valued at €22 million, has now been cleared by the Irish Competition and Consumer Protection Commission. BT will maintain a presence in Ireland post divestment, with over 300 colleagues serving multinational companies […]
MediaForEurope (MFE) looks set to control of ProSiebenSat.1 after Czech investment group PPF declared it would sell its 15.7 per cent stake – comprising of 36,539,628 shares – in the German broadcaster to the TV group controlled by Italy’s Berlusconi family. The move clears the way for MFE take full control of ProSiebenSat.1, effectively putting […]
The news that AT&T is paying some $23 billion (€19.8bn) for terrestrial cellular spectrum to EchoStar has alerted many analysts to the implied value of EchoStar’s remaining telephony spectrum. Reports are numerous that both Elon Musk – who has long coveted EchoStar satellite spectrum – and AT&T rival T-Mobile could be next in line for […]