Global satellite provider Intelsat is in the lead to buy Canada’s Telesat. According to reports, Intelsat is now the front runner in the bidding battle to buy the Canadian satellite operator, and is seen to be ahead in the process thanks to a complex restructuring which will therefore comply with US anti-monopoly regulations. Eutelsat is […]
German media group ProSiebenSat.1 is considering selling a number of foreign broadcasters, including Dutch Net 5, SBS6 and Veronica according to various reports citing CEO Thomas Ebeling. According to Ebeling, a sale of units is possible depending on an attractive offer or a strategic premium. ProSiebenSat.1 acquired the broadcasters three years ago after its merger […]
Com Hem is up for sale and expected to fetch 13 billion ($1.89 billion) to 18 billion kronor, according to the Dagens Industri newspaper. Swedish telco Telia and Norway’s Telenor are named as the potential buyers, of the private equity owned operator. Telia spun the company off in 2003 in order facilitate its bid to […]
Funds controlled by Australian investment bank Macquarie have again invested in broadcasting and transmission capacity. This time Macquarie has spend €574 million buying Ceske Radiokomunikace, the Czech Republic’s main TV and radio transmission service provider. As regards the Czech purchase, Macquarie has bought 100 per cent of Ceske Radiokomunikace from Falcon Group, itself controlling or […]
Liberty Global has announced an agreement to acquire 100 per cent of the equity of Aster Sp. z.o.o (Aster Cable) from private equity funds of Mid Europa Partners. Poland’s Aster provides video services to 368,000 (including 92,000 digital TV), 177,000 Internet and 70,000 fixed telephony subscribers. Mike Fries, President and Chief Executive Officer of Liberty […]
Australian investment funds managed by Macquarie have increased their holdings in the lucrative satellite and TV services sector. Various Macquarie funds already invest in UK-based Arqiva, and have just bought facilities house Ascent Media, part-owned by John Malone, which has sold its distribution business to Encompass Digital Media for $120m, including $7m of debt. Malone […]
Shortly after announcing a series of measures better to protect against copyright infringement, Google has revealed it is to acquire digital media solutions provider Widevine with the intention of improving access to video content across the web. According to Mario Queiroz, Google’s VP of Product Management, with rapidly improving broadband and wireless speeds, more powerful […]
US-based digital media services provider Encompass Digital Media is to acquire the global content distribution business of Ascent Media Corporation for some $120 million, including approximately $113 million in cash and the assumption of certain indebtedness and obligations totalling approximately $7 million. The deal creates a major global provider of mission-critical outsourced media services to […]
SmarDTV, a Kudelski company, has entered into an agreement to purchase certain assets from French technology company Iwedia including the transfer of all staff from Iwedia to SmarDTV. “We are delighted to announce our acquisition of the Iwedia team and assets” said Eric Chaubert, CEO of SmarDTV. “CI Plus is really building steam across Europe […]
Barry Diller is stepping down as chief executive of IAC/InterActiveCorp, adding it had bought out one of its largest shareholders, John Malone’s Liberty Media. IAC said on Thursday Liberty had sold its entire equity stake in IAC in exchange for $220 million in cash and the Evite and Gifts.com businesses. The online businesses will become […]