Advanced Television

M&A

DAZN acquires ata Football

Sports streaming service DAZN has acquired ata Football, the women’s football content platform which is backed by the Miami-based sports investment firm 777 Partners. Founded by Hannah Brown and Esmeralda Negron in 2020, ata Football has partnerships with a number of broadcasters and rights owners and allows viewers to watch matches from the Italian women’s […]

August 16, 2023

Zee, Sony merger winning approval

The doubters who had grave concerns that the long-awaited merger in India of Zee and Sony/Culver Max would ever happen are beginning to change their doubts to support. The combined pair certainly have some considerable muscle. For example, they will offer 75 video channels, two OTT platforms and an impressive studio output. However, Disney’s Star […]

August 15, 2023

BBC sells Maida Vale studios

The BBC has confirmed that its Maida Vale recording studios have now been sold to a partnership between Tim Bevan & Eric Fellner – Co-Chairmen of Working Title, Hans Zimmer and Steven Kofsky. The deal is valued at around £10 million (€11.6m) but the BBC did not disclose the purchase price. Maida Vale Studios has […]

August 14, 2023

Zee, Sony merger gets regulatory approval

India’s National Company Law Tribunal has given its approval to the merger between Zee Entertainment Enterprises (ZEEL) and Sony’s India assets. The Tribunal accepted concessions from Zee and Sony Pictures Networks/Culver Max Entertainment which would reduce some of the regulatory concerns. The Tribunal issued its order approving the merger on August 10th. The merger between […]

August 11, 2023By Chris Forrester

STG acquires Avid in $1.4bn deal

Media and entertainment technology provider Avid has entered into a definitive agreement to be acquired by an affiliate of private equity firm STG in an all-cash transaction valuing Avid at approximately $1.4 billion (€1.03bn), inclusive of Avid’s net debt. Under the terms of the agreement, Avid stockholders will receive $27.05 in cash for each share […]

August 10, 2023

Blue Ant Media, marblemedia merge

International media company, Blue Ant Media and the production and distribution company, marblemedia, have announced the merger of the two companies’ production and distribution operations into one unified studio and rights business. Mark Bishop and Matthew Hornburg will take the helm of this business, serving as co-Presidents and reporting into Michael MacMillan, CEO and co-founder, Blue Ant Media. With hubs in Toronto, New […]

August 10, 2023

Cadent acquired by Novacap

North American private equity firm Novacap has confirmed the successful acquisition of Cadent, a provider of platform-based converged TV advertising solutions. This partnership marks the fourth investment under Novacap’s TMT VI Fund. Cadent has rapidly transformed from an early leader in cable and broadcast aggregation to one of the largest independent platforms for unified audience […]

August 9, 2023

DISH Network, EchoStar to merge

In a move they say creates a global connectivity leader with premier wireless, satellite and video distribution capabilities, DISH Network Corporation and EchoStar Corporation have entered into a definitive agreement for DISH Network to combine with EchoStar Corporation in an all-stock merger at a fixed exchange ratio. The news confirms reports in July 2023 that […]

August 8, 2023

Zee, Sony merger back on with changes

The merger between Zee Entertainment Enterprises (ZEEL) and Sony Pictures Network India is back on track. Local reports say it should complete by around March 2024. However, the merger has beset by numerous challenges – not least allegations of financial misconduct and extremely close inspections by regulators and still running are investigations by the Securities […]

August 8, 2023By Chris Forrester

Lionsgate to acquire eOne

In a move that strengthens its scripted and unscripted television business and expands its presence in Canada and the UK, production house Lionsgate and toy and game specialist Hasbro have signed an agreement under which Lionsgate will acquire the independent content platform eOne in a transaction valued at approximately $500 million (€458m), comprised of cash […]

August 3, 2023