SES issued a somewhat cryptic statement on June 22nd following the collapse of its hoped-for merger with arch-rival Intelsat. The SES statement read: “There are always two parties in a negotiation. It has become clear that a path to an agreement which would be acceptable to SES and Intelsat cannot be found, and so both […]
The troubled merger between Sony India and Zee Enterprises “will go through” according to Zee MD Punit Goenka. He added the merger would happen “whether or not” he was in post as MD of the merged company. Goenka, and his father Subhash Chandra, are the subject of legal actions from India’s Securities and Exchange Board […]
Digital video entertainment specialist Netgem has confirmed the acquisition of Eclair Préservation (EP) and Eclair Digital Services (EDS). EP and EDS have a combined portfolio of over 500 clients in France, both producers and broadcasters, whose works they securely store and digitise, including more than two-thirds of France’s film heritage. The merger with Netgem’s French […]
KC Global Media, the Asian entertainment network and multi-channel operator, has announced the completion of the deal with Asian multinational television channel and anime distributor, Aniplus, to acquire Animax Korea, the popular kid’s entertainment channel in South Korea. The partnership aims to elevate Animax Korea’s offerings while focusing on horizontally integrating its content across Aniplus’s […]
The merger discussions between the world’s two largest satellite operators, SES and Intelsat, are over. Intelsat said a deal, valued at a potential $10 billion (€9.1bn), is now off the table. SES announced June 22nd that discussions regarding a possible combination with Intelsat have ceased. On March 29th, SES had confirmed that the company had […]
BBC Studios has acquired STV, a pan-Scandinavian production company. The acquisition will build on the company’s existing production capabilities and expand its footprint and presence in the region. The BBC said the acquisition is in response to the growing appetite and opportunity for BBC content in the market. Based in Copenhagen with offices in both […]
Sony’s Indian subsidiary remains firmly committed to the long-awaited merger with Zee Entertainment notwithstanding the challenges of regulators and court interventions on two directors of Zee. Sony Pictures Entertainment, in its first official statement on the problems with Zee, said it takes seriously the ban on the two directors (Subhash Chandra and Punit Goenka) and […]
KPN has acquired the Dutch activities of Youfone. Youfone is already active on KPN’s networks with more than 540k Youfone customers already using the mobile and fixed networks in the Netherlands. They will continue to do so after the acquisition. In a press statement, KPN said: “Youfone is a fast-growing and challenging telecom operator with […]
Viasat’s CEO Mark Dankberg, in a letter to shareholders following the acquisition of Inmarsat, has said that the purchase represented a “big step” for the business and that the next move was to thoughtfully integrate two companies into a single cohesive team with common purpose, shared insights, targeted innovation, and trusted service delivery. “We have […]
AsiaSat, the satellite solutions provider, has announced its 100 per cent acquisition of Lightning International Limited, the content distribution and media solutions company based in the UK and Hong Kong. The addition of Lightning into the AsiaSat family is a strategic move to expand the company’s services and extend its clients’ reach to global audiences […]