Satellite builder Terran Orbital, already under considerable pressure from the NYSE because of its low share price, issued a statement (on a Form 8-K) to the SEC on December 11th which formally notifies shareholders that it is conducting a “formal strategic review” of its business. Reports suggest that Terran is seeking a buyer or partner […]
The FCC has approved the transfer of control of Dish Network and its subsidiaries to EchoStar Corp. The FCC, and the bureaux under its supervision (the Office of Engineering & Technology, the Space Bureau, the Wireless Telecommunications) allowed the transfer of its broadcast and transmission licences. The FCC order includes those terrestrial licences for Dish’s […]
ACT Entertainment continues to expand its reach in the AV technology sector with the acquisition of tvONE, a lvideo processing, signal distribution and media playback solutions company headquartered in Cincinnati, Ohio. Among its brands is the Green Hippo line of media servers and digital display products, which tvONE acquired in 2018. The acquisition marks the […]
PadSquad, the high-impact advertising experiences specialist, has acquired patent protected interactive advertising technology assets from Source Digital, a player in Activated Moments in video content and metaverse. The technology enables content recognition within video ads and the real-time delivery of interactive instream video ads. The news comes less than a year removed from Star Mountain […]
The on-off merger between tow Indian entertainment giant, Zee Entertainment Enterprises (ZEEL) and Sony Corp’s India production and broadcasting divisions is again at risk of collapsing. Local reports say that time is running out to conclude the agreement which – if successful – will create a $10 billion media giant. There are many unresolved issues, […]
Digi has reached a preliminary agreement with Orange-MásMóvil to acquire the so-called remedies, the surplus assets from the merger. This move may pave the way for the EU approval of the merger, still under the EC scrutiny and valued at over €18 billion. If acquired, Digi says it will invest around €2 billion over the […]
Premier Sports will be returning to the UK in early 2024, subject to competition approval, having agreed to take back control of the business which was sold to Viaplay Group in July 2022. Premier Sports’ offering of content will continue to be delivered via the same channels on Sky and Virgin. Customers preferring to stream […]
Charlie Ergen is in the process of – in effect – merging Dish Network with sister business EchoStar in a strategy to tap into EchoStar’s cash war chest and in order to further build out Dish’s near-national 5G cellular spectrum in the US. The problem, according to analysts at MoffettNathanson, is that the moves might […]
Broadcom has completed its $69 billion (€63,1bn) buy of cloud computing firm VMware. The deal was scrutinised by regulators around the world ahead of final clearance from China. The approval follows a meeting between Presidents Joe Biden and Xi Jinping at the Apec summit. VMware develops virtualisation software which allows a user to run a […]
Former president of CNN Jeff Zucker is poised to become an unlikely mogul of a British press baron as he nears an agreement to gain control of The Daily Telegraph, the right-leaning UK broadsheet. Sister publication, The Spectator, a conservative magazine and one of Britain’s more prestigious media properties, would also come under the deal […]