STV Studios has acquired unscripted television production network Greenbird Media for approximately £24 million (€28m). London-based Greenbird is also a service provider, offering a back-office solution which lets creatives to focus on pipeline development and programme production. STV says the deal accelerates the growth of STV Studios by more than trebling the number of returning […]
France’s Canal+ Group has again upped its stake in South Africa’s MultiChoice pay-TV operation. Canal+ now owns 31.7 per cent of MultiChoice which is itself listed on the Johannesburg Stock Exchange. MultiChoice operates the DStv, SuperSport and Showmax pay-TV options for African viewers. Canal+ is itself controlled by Vivendi. The new stake is up from […]
Antenna Hungária, owner of 4iG Group’s telecommunication portfolio, has signed an agreement with Pro-M for the sale of DIGI Hungary mobile infrastructure – which has announced to the Budapest Stock Exchange. MIS Omega Mobilhálózat carved out from DIGI Távközlési in May this year, owns the tower network, the owned and leased sites with the entire […]
On June 7th, Redge Technologies acquired a controlling stake in Vestigit from the founder and RKKVC fund. The acquisition enables the integration of Vestigit’s advanced AI-based content watermarking solutions into the Redge Media platform to more comprehensively address client needs and global trends in the video content market. Redge Technologies is a leader in OTT […]
Global content and technology company Thomson Reuters has signed a definitive agreement to acquire cloud-native media asset management specialist Imagen. Imagen helps sports organisations, businesses and media companies manage their digital content libraries with fast, secure and controlled access through a highly customisable media management and distribution platform. Imagen also owns Screenocean, a platform that […]
The European Commission is concerned that the merger between Orange and MásMóvil will reduce competition and increase prices. This is the preliminary conclusion of the probe carried out by the EC on the impact on the Spanish telco market. Now the companies may make submissions on how they will mitigate the impact, before the EC […]
India’s troubled broadcast merger between Sony’s India division and Zee Entertainment remains in a precarious position. A planned hearing by India’s Securities Appellate Tribunal (SAT) which should have happened on June 26th was scrubbed. The hearing would have given an opportunity for Subhash Chandra, chairman of Essel Group, and Punit Goenka (pictured), MD and CEO […]
A group of Vice’s lenders led by Fortress Investment Group looks set to take over Vice Media after the consortium’s $225 million (€206.9m) offer for the bankrupt company emerged as the only ‘qualified’ bid, according to a legal filing. An auction scheduled for June 22nd was cancelled and a hearing to approve the sale of […]
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 […]