Local reports out of India say that Sony’s board of directors are increasingly unhappy with the planned merger between their Indian assets and those of Zee Entertainment. One problem came from The Securities & Exchange Board of India (SEBI) which has ruled that ZEEL’s Subhash Chandra and Punit Goenka cannot have seats on the merged […]
KPN has further strengthened its fibre footprint in the Netherlands’ larger cities by acquiring the fibre network of Primevest Capital Partners. This consists of 127k homes passed in urban areas in The Hague, Rotterdam and Eindhoven. The acquisition is in line with KPN’s strategy to expand its fibre network and cover ~80 per cent of […]
In response to recent media speculation, UK commercial broadcaster ITV has confirmed that it is actively exploring the possible acquisition of TV production house All3Media. In a letter to shareholders it said: “There can be no certainty as to whether any transaction will take place, nor as to the terms of any such transaction. A […]
Eutelsat is selling its European retail broadband services. The sell-off includes its holdings in Bigblu Broadband and similar retail operations in the UK, Ireland, France, Germany, Italy, Spain, Portugal, Poland, Hungary and Greece. Eutelsat has struggled to win significant customer acceptance for its retail operations. It has already exited KaSat (EuroBroadband, which it sold 100 […]
Great American Media and Sony Pictures Television’s Pure Flix have completed the previously announced merger to combine the two companies. The successful merger joins Great American Media’s family-friendly linear and FAST channels with the Pure Flix faith and family SVoD service into a consolidated entity. Great American Media retains a majority interest in the merged […]
As heavily anticipated, Vodafone Group and CK Hutchison Group Telecom Holdings (CKHGT) have entered into binding agreements in relation to a combination of their UK telecommunication businesses, respectively Vodafone UK and Three UK. Vodafone will own 51 per cent of the combined business (MergeCo) and CKHGT 49 per cent. From day one, the pair say […]
The long-awaited merger between Zee Entertainment Enterprises Ltd (ZEEL) and the former Sony Pictures Network (now renamed Culver Max Entertainment) is again suffering major challenges. The latest problem came from The Securities & Exchange Board of India (SEBI) which has ruled that ZEEL’s Subhash Chandra and Punit Goenka cannot have seats on the merged company’s […]
The US Federal Trade Commission (FTC) has asked a judge to block Microsoft’s $69 billion (€63.9bn) takeover of video game publisher Activision Blizzard. The US regulator said the deal, which would be the largest in the history of the video games industry, could “substantially lessen competition” in the sector. The move comes a few weeks […]
PC Dreamscape, a portfolio company of the private equity firm GTCR, has entered into an agreement to acquire Mediaocean’s media planning tool, Lumina. Lumina helps improve media plan workflow and visibility between brands and agencies through an end-to-end system. Financial details of the transaction were not disclosed. In tandem with this, and following the […]
Charlie Ergen, the founder and billionaire owner of US pay-TV broadcaster Dish Network, has talked for a couple of years about the “inevitability” of merging with arch-rival DirecTV. Both are losing subscribers at a worrying rate, and common sense suggests that a merger is the only route to saving cash, exploiting synergies and reducing the […]