Advanced Digital Broadcast Holdings (ADB), has bought Pirelli Broadband Solutions for E30 million – E22 million in cash and 400,000 ADB shares, about 7 per cent of the company which is quoted on the Swiss exchange. Pirelli’s disposal is part of its stated strategy of focusing on its core tyre business. ADB says acquiring Pirelli […]
The Spanish competition watchdog (CNC) has approved the merger between the commercial TV channels Tele 5, controlled by Mediaset and Prisa-owned Cuatro, but has blocked the entry of Tele5 and Telefonica into the Prisa-controlled pay DTH platform Digital Plus. The decision to limit the TV deal is on the grounds that Digital Plus, with Tele […]
Verivue has completed the acquisition of CoBlitz, a provider of Content Delivery Network (CDN) infrastructure solutions for wireline and wireless service providers. The addition of CoBlitz products further extends Verivue’s portfolio of content delivery solutions, providing operators with a broad range of choices for both managed video networks and OTT video services.
This Friday, October 22nd, BSkyB will unveil its Q1 results and a few hours later hold its AGM for the trading year that ended June 30th. It is also likely that James Murdoch, currently chairman of the broadcaster will comment on News Corp’s wish to take full ownership of BSkyB; News Corp currently holds 39.1 […]
Reuters reports Yahoo is being targeted by private equity companies, two years after an unsuccessful bid from Microsoft. AOL and News Corp are reported to have been approached to find out whether they would look to buy Yahoo, presently valued at $20.56 billion.
Turkish DTH broadcaster DigiTurk is 47 per cent held by private equity company Providence Equity Partners. Reports suggest that Providence is looking to exit the business and is having preliminary meetings with a number of potential buyers of its stake. Other private equity companies are reportedly conducting due diligence examinations of the business, while Time […]
Sonic Solutions has completed the acquisition of DivX. The addition of DivX brings widely deployed digital media technologies, an embedded CE footprint of over 300 million devices, a strong consumer brand, and a global market presence to Sonic’s expanding position as a supplier of services and technologies for the distribution of video content over the […]
Univision, the leading Spanish-language television network in the United States, will retain the rights to popular telenovelas produced by the Mexican Grupo Televisa for another 15 years. Televisa will invest $1.2 billion in Univision in exchange for a minimum five percent stake in the company and a new content licensing agreement for the telenovelas and […]
GlobeCast has expanded its facilities in Asia with the addition of a new multi-channel HD playout facility, as well as new staff for post-production and playout services. Thanks to this expansion, new post-production and creative services will also be available from GlobeCast’s Parkview Square facilities. These facilities will expand to house the increased range of […]
Entertainment brands creator and producer FremantleMedia has taken a 60 per cent share in @radical.media, a global transmedia business that creates advertising and branded entertainment content. The deal represents FremantleMedia’s first large scale move into the branded entertainment market, allowing the company to further diversify its revenue sources and to develop new business models. @radical.media’s […]