Byron Allen has made a $10 billion (€9. 3bn) offer for Disney’s ABC and other linear networks according to Allen Media Group. Station owner Nexstar, which bought the CW Network, also has expressed interest in buying ABC and its stations from Disney. Disney CEO Bob Iger has said that the company’s linear networks, including ABC, […]
Norway-based Schibsted, a family of digital brands, has informed the Oslo Stock Exchange that it now owns a minority stake of 10.1 per cent in Viaplay Group. Streaming and media company Viaplay has more than 45 brands operating in 30+ markets, primarily in the Nordics. It operates the premium streaming service Viaplay, several TV channels, […]
The Qvest Group has strengthened its service portfolio through the acquisition of TeraVolt. The OTT developers and consultants from Hamburg have established themselves in the field of big screen applications, respectively Connected TV, and personalised live sports broadcasting. With the combination of TeraVolt’s specific expertise and comprehensive production know-how, Qvest says it offers its customers […]
iSpot.tv, the TV ad measurement company used by top advertisers, networks and platforms, has announced the acquisition of next-generation measurement and attribution company 605. The deal brings together two independent TV measurement companies with a significant customer footprint across brands, TV networks and streaming publishers. The acquisition of 605 immediately bolsters iSpot’s measurement solutions for […]
Endeavor and WWE have announced the close of their previously announced agreement, valued at $9.3 billion (€8.7bn), and the launch of TKO Group Holdings. TKO brings together UFC, the mixed martial arts organisation, and WWE, an integrated media organisation and a global leader in sports entertainment, to create a new sports and entertainment company serving […]
Eutelsat has issued its documentation ahead of its shareholders meeting on September 28th when their merger with OneWeb will be voted on. They have also named the executive management for the combined business. The merger plans were announced in November 2022 and the deal has now received all its necessary formal regulatory approvals. Shareholder approval […]
Comcast and The Walt Disney Company are to bring forward the start date to decide the valuation of Hulu from January 2024 to the end of September 2023. Chairman and CEO Brian Roberts said Comcast will base the sale of its 33 per cent stake in the joint venture on a valuation of over $30 […]
Endeavor Group Holdings and World Wrestling Entertainment (WWE) have announced that they expect to close the previously announced transaction to form TKO Group Holdings on September 12th, at which time TKO will begin trading on the New York Stock Exchange under the ticker symbol TKO. Endeavor Group – which already owns UFC – and WWE […]
Saudi Arabia’s STC Group has acquired a 9.9 per cent stake in Telefónica, making it the second biggest holder in one of the largest telcos in the world with significant presence in Spain, Germany, the UK and Brazil, for a total consideration of SAR 8.5 billion (€2.1bn). STV Group said the acquisition represents another milestone […]
UK fibre builder, nexfibre, in partnership with Virgin Media O2, has reached an agreement with fibre operator, Upp, to acquire the provider. The acquisition will boost the fibre footprint of nexfibre by 175,000 premises in the East of England and ensure investment and network build in the region continues. The all-cash deal sees Virgin Media […]