Following the sale agreement announced on February 10th, streaming entertainment specialist Netgem and Nordnet have confirmed that the closing of the sale of Netgem’s fibre france business will take effect from April 1st 2023. The transfer to Nordnet of the 10,000 subscribers to the Videofutur Fibre offer will be carried out in accordance with the […]
Aerojet Rocketdyne’s shareholders have approved the move by L3Harris Technologies to buy Aerojet. L3Harris has tabled $4.7 billion (€4.3bn) for the purchase. 99.7 per cent of Aerojet shareholders approved the move. Aerojet Rocketdyne delivers a broad range of capabilities to support hypersonic aircraft, including solid rocket motor boosters, scramjets, warheads and missile defence technologies. “We […]
Digital content agency and media network Little Dot Studios, part of All3Media, has acquired Locowise, a company at the nexus of media and technology specialising in social media reporting, analytics and benchmarking to measure content performance and improve outcomes. Starting with immediate effect, the acquisition will see Locowise move under Little Dot Studios ownership, together […]
Spain’s fourth largest operator multiplay operator MásMóvil has increased its profit by 134 per cent to €444 million in 2022, mainly as a result of the sale of Euskaltel’s broadband network to Basque investors for €850 million. EBITDA stood at €1.19 billion, up 26 per cent. Revenues amounted to €2.89 billion, up 17 per cent, […]
Italy’s top-flight football league Serie A is considering a purchase of Sky Italia. The move is understood to be one of two items being discussed at a meeting of the clubs, according to daily La Stampa. One is the next auction for TV rights and negotiations with investment funds and banks that have offered to […]
The UK’s Competition and Markets Authority (CMA) is consulting on whether undertakings given by British Sky Broadcasting Group remain appropriate or need to be varied, superseded or released. The consultation will review merger undertakings given by British Sky Broadcasting Group plc in 2001 following a transaction in which it increased its shareholding of British Interactive […]
Brussels has postponed its decision over the €19 billion merger between Orange and MásMóvil until April 3rd to have more time to study the deal. The EC is likely to reject the Spanish CNMC’s bid to take control of the case and instead launch its own high-level probe. In February both companies notified the EC […]
Following their merger in August 2022, Information Resources Inc (IRI) and The NPD Group have unveiled a new combined company name and brand identity: Circana. Circana will serve as an advisor on the complexity of consumer behaviour. Through advanced analytics, cross-industry data and expertise, the compnay will aim to provide clarity that helps clients take […]
Paramount Global is considering the sale of a majority stake in BET Media Group, which includes the BET cable network, BET Studios and VH1, according to Reuters. BET drew expressions of interest from Byron Allen, whose Allen Media Group’s assets include The Weather Channel. Tyler Perry, the actor and producer best known for the Madea […]
Swedish streaming service SF Anytime, owned by SF Studios, has acquired the Danish streaming service Blockbuster from Nuuday. By acquiring the right to use the Blockbuster brand and all customer relationships, SF Anytime says it creates a “leading Nordic platform for digital rental and purchase of films to consumers”. The two businesses will continue to […]