The EW Scripps Company board of directors has unanimously decided to reject the unsolicited acquisition proposal submitted by Sinclair in November, to acquire all of the outstanding shares of Scripps that it does not already own. The Scripps board said that “following a careful review and evaluation in consultation with its financial and legal advisors”, […]
Orange has signed a binding agreement with Lorca to acquire full ownership of MasOrange, Spain’s leading telco in terms of customer base, through the acquisition of the remaining 50 per cent stake in its Spanish joint venture for a price of €4.25 billion in cash. This announcement confirms the non-binding agreement that was announced earlier […]
ProSiebenSat.1 Media has confirmed it is selling its online weather portal, wetter.com, to Funke Mediengruppe, the German newspaper and magazine publisher. The transaction of the wholly owned subsidiary from the Commerce & Ventures segment is structured as an asset deal, under which the wetter.com workforce will transfer to the new owner through a transfer of […]
Pinterest, the AI-powered visual search and discovery platform, has entered into a definitive agreement to acquire tvScientific, a connected TV (CTV) performance advertising platform. Pinterest will consequently combine its audience intent signals with a CTV engine, so marketers can measure how TV lifts the results of their performance ad campaigns. Pinterest reaches 600 million monthly […]
Film4, the feature film division of Channel 4, has announced the appointment of Cate Kane as Senior Commissioning Executive. Kane will join the creative team in January 2026 and report to Farhana Bhula, Director of Film4, alongside Senior Commissioning Executive David Kimbangi. Kane joins Film4 from MUBI where she was most recently co-Head of Global Acquisitions […]
Safran has entered into a definitive agreement with Kingswood Capital Management (Kingswood) for the sale of Safran Passenger Innovations (SPI), Safran’s in-flight entertainment and connectivity solutions division. SPI generates approximately $460 million in revenue and employs around 740 people across three sites – two in the US and one in Germany. Kingswood said it will […]
Cadent, a predictive advertising company and a portfolio company of Novacap, has acquired VuePlanner, a specialist in YouTube video ad planning, optimisation and measurement. “This acquisition fortifies Cadent’s commitment to building a truly unified platform, one that reflects today’s converged media landscape and evolving consumption habits,” commented Nick Troiano, CEO, Cadent. “With VuePlanner, Cadent is […]
The battle for control of Warner Bros is hotting up, but Pivotal Research Group, a New York-based equity investment house, has firmly downgraded its view on Netflix from ‘Buy’ to ‘Hold’. Analyst Jeff Wlodarczak summed up its position saying it is concerned that short-form content (from the likes of TikTok, Instagram, X, YouTube and Snap) […]
Journey, the multidimensional experience agency, has acquired the UK-based Dimension Studio, a creative technology company specialising in virtual production for film and episodic TV, animation, location-based entertainment and live experiences. Journey aims to redefine the experiences that connect people, brands and culture. From immersive storytelling at the Empire State Building, to reimagining opera in The Adventures of Kavalier […]
Paramount has made an all-cash offer to for Warner Bros Discovery (WBD) at $30 per share, gatecrashing the Netflix deal. It claims its offer is “superior” to the offer from Netflix, and its proposed transaction is for the entirety of WBD, including the Global Networks segment. Paramount said its “strategically and financially compelling offer to […]