French public service broadcasters France Télévisions, M6 and TF1 have decided to close the Salto streaming service. After a number of delays, finally launching in October 2020, Salto currently claims some one million subscribers, who have signed up for an offer that “combines the best of French drama with iconic daily shows and exclusive all-new […]
Direct-to-consumer sports streaming company DAZN has completed its acquisition of Eleven Group businesses and US-headquartered social media creative agency Team Whistle. The company says the acquisition further demonstrates its ambition to become the ultimate global sports destination for fans by combining access to premium rights with a range of other products and services, including gaming, […]
Liberty Global has acquired 1.335 billion shares in Vodafone Group PLC, representing 4.92 per cent of the outstanding share capital (excluding treasury shares). The transaction was principally funded through an attractive non-recourse financing, requiring equity funding from Liberty Global of approximately £225 million (€254m). “We believe, like many others, that Vodafone’s current share price does […]
Viasat’s $7.3 billion attempt to acquire London-based Inmarsat has hit a potential problem following an “in-depth” investigation by the a European Commission (EC), which says it is “concerned that the transaction may allow Viasat to reduce competition in the market for the supply of broadband in-flight connectivity (IFC) services to commercial airlines”. The Viasat/Inmarsat deal, […]
International content services and media processing company ODMedia has announced that Dutch Capital A Investment Partners has acquired a minority stake in the company. Capital A will assist ODMedia’s geographical expansion through a buy-and-build strategy. With the completeness of its service portfolio and preferred status with all the major platforms, ODMedia says it is well-positioned […]
In line with its strategy of refocusing on its core Streaming TV activity for telecom operators (B2B2C), as announced on February 1st, streaming entertainment specialist Netgem has confirmed that it has reached an agreement to sell its consumer fibre operator business in France to Nordnet, a subsidiary of the Orange group. Netgem will continue to […]
Australian Fund Macquarie Capital, the main shareholder in telco Onivia, and French company Ardian, owner of regional telco Adamo Telecom, are both seeking to buy Vodafone Spain’s network that covers 10.5 million households (out of which 7 million are cable deployments and 3.5 million FTTH lines), and is currently valued at €4 billion, according to […]
An investigation by the UK’s Competition and Markets Authority (CMA) has provisionally concluded that Microsoft’s proposed acquisition of Activision could result in higher prices, fewer choices, or less innovation for UK gamers. The provisional findings follow a wide-ranging investigation conducted over the last five months to understand the market and potential impact of the deal. […]
Veset has been acquired by Japanese media technology company, PLAY. Veset will operate as a wholly-owned subsidiary of PLAY and continue to develop solutions for cloud playout and channel management. PLAY uses the best-of-breed video distribution technology and a wide range of associated services to promote digital transformation in the media, content, and enterprise fields. […]
Italian broadcaster MFE-MediaforEurope has ruled out a complete merger with German broadcaster ProsiebenSat.1 for the time being – as well as a takeover bid – but is open to closer cooperation. Controlled by the family of former Italian Prime Minister Silvio Berlusconi, MFE has built a potential stake of 29.9 per cent in its rival […]