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 […]
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 […]
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 […]
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 […]
e&, previously known as Etisalat, has acquired a controlling stake in PPF Telecom Group’s assets in a transaction valued at €2.15 billion – with additional earn-out payments of up to €350 million within three years after closing of the deal if PPF Telecom hits certain financial targets. There is a clawback of €75 million if […]
Vice Media, the digital media and broadcasting company, has completed its sale to a group of former lenders led by Fortress Investment Group, Soros Fund Management and Monroe Capital. The sale was announced back in June and is valued at $350 million (€318.9m). A company statement read: “We are very pleased to complete the acquisition […]
ZEASN, a provider of solutions and services for smart homes, has announced the acquisition of Foxxum, a provider of CTV solutions, and rlaxx TV, an international AVoD/FAST streaming service. With this strategic move, ZEASN says the strengths of all three companies are combined, positioning it as the leading independent provider of CTV operating systems (OS) […]
DoubleVerify, a software platform for digital media measurement, data and analytics, has entered into an agreement to acquire Scibids Technology, a specialist in AI-powered digital campaign optimisation. The acquisition of Scibids is a cash and stock transaction valued at $125 million (€113.8m), with additional potential consideration based on certain performance metrics. The transaction is anticipated […]
There was reportedly once an attempted takeover of OneWeb by Chinese interests. An article in the Sunday Telegraph says that the UK’s MI5 security service investigated the China involvement, and this prompted the UK government to step in and buy a major stake in OneWeb. There was also a further complication in that OneWeb is […]
Eutelsat’s full year results – to June 30th – were mixed, with its Broadcast Video division (62 per cent of income) falling y-o-y by 8.3 per cent (like-for-like, or 6.3 per cent as reported). But on the more positive side its fast-growing Mobile Connectivity segment grew 26.8 per cent (like-for-like, or 37.9 percent as reported). […]