The sale of Activision’s cloud gaming rights to Ubisoft substantially addresses previous concerns and opens the door to Microsoft’s acquisition of the games maker being cleared, according to the UK’s Competition and Markets Authority (CMA). While the CMA has identified limited residual concerns with the new deal, Microsoft has put forward remedies which the CMA […]
The much-anticipated $10 billion merger between Zee Entertainment (ZEEL) and Sony’s Indian broadcast assets should complete by December, say reports in India. The plan is for shareholders to get 85 shares of the merged entity for every 100 shares held in ZEEL after the merger. Shares of ZEEL will then be delisted and relisted after […]
British telco investment company Zegona is negotiating with Vodafone of the acquisition of Vodafone Spain in an operation valued at over €5 billion. A possible deal would be subject to agreement on final terms and funding as well as a due diligence. According to Expansion, Zegona was seeking financing for a bid for all or […]
Rivada Space Networks, based in Munich, has been facing something of a challenge lately from China and the threat from what are described as “hostile” interests over the frequencies formerly used by Kleo Connect and which Rivada is lawfully using for its mega-constellation of a total 600 satellites. Rivada has an order with Terran Orbital […]
Studio Ghibli, the celebrated Japanese animation studio founded by Hayao Miyazaki, is to become a subsidiary of Nippon Television Network. The boards of both companies have agreed that the Japanese commercial broadcast network will become Studio Ghibli’s top shareholder, with a 42.3 per cent stake. Financial details were not disclosed. Nippon TV’s Senior Operating Officer […]
The latest allegations to hinder the long-awaited merger between Zee Entertainment and Sony’s India assets are that an ‘approval’ for the merger was illegal. Axis Finance has filed a petition to the National Company Law Appellate Tribunal (NCLAT) that the l National Company Law Tribunal (NCLT) which approved the Zee-Sony merger made its decision in […]
Telia Company has entered into a final and binding agreement to sell 100 per cent of its operations and network assets in Denmark to Norlys at an enterprise value of DKK 6.25 billion (€0.84bn), on a cash and debt-free basis. The valuation is equivalent to 8.9x Telia Denmark’s 2022 reported EBITDA. Telia said the transaction, […]
iKO Media Group (iKOMG) and STN have announced their merger. iKO is a Swiss entity operating a Teleport in Rome, Italy. STN is based in Slovenia. iKOMG and STN say that this strategic partnership will provide added value to the customers of both companies, allowing the use of both companies’ services and abilities to bring […]
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, […]