Uniguest, a player in digital engagement technology to multiple end markets, has announced the acquisition of MediaStar Systems (formerly Cabletime), an IP video and digital signage provider to the professional AV industry. Founded in 1984 and based in Newbury, UK, MediaStar Systems develops IPTV and digital signage software and hardware solutions. MediaStar technology allows its […]
ITV Studios has acquired a majority stake in the Australian production company, Lingo Pictures. Led by Helen Bowden and Jason Stephens, Lingo Pictures will be ITV Studios’ first-ever Australian scripted label. Bowden and Stephens will continue to head up the business based in Sydney. As part of the wider ITV Studios Group, Lingo will sit […]
Games developer Spry Fox is joining Netflix, becoming its sixth in-house games studio. Spry Fox is an independent studio focused on cosy, original games. The company has seen success with titles including Alphabear, Cozy Grove and Triple Town (pictured) and Netflix said the addition will help accelerate its creative development in another beloved genre and […]
Elon Musk has completed his $44 billion (€44.3bn) takeover of social media platform Twitter after several months of legal wrangling. The buyout saw the immediate exit of the firm’s top bosses – including its chief executive, chairman and finance chief. Musk, officially the world’s richest man, has acquired 100 per cent of Twitter, turning the […]
Comcast is contemplating selling off its Sky Deutschland pay-TV division. Numerous reports, including Bloomberg, suggest that Comcast is considering the sale of business in Germany, which is weighing down its European operations in the most recent quarter, people familiar with the matter said. The US broadcaster is working with an adviser as it studies a […]
Specialist corporate finance advisory firm, Shaw & Co, has launched the latest of its in-depth sector reports designed to offer business leaders a sector overview and benchmarking tool to aid decision-making and assist in their investment planning. The report, The Shaw Report – Technology Media & Telecoms Industry Annual Review October 2022, covers the Technology, […]
Canada’s industry minister has said he will not approve the planned C$26 billion (€19.1bn) merger between multiplay telcos Rogers Communications and Shaw Communications but suggested a revised agreement may be possible. In a statement, François-Philippe Champagne, Minister of Innovation, Science and Industry, noted that later in the week, the parties to the transaction will begin […]
ESPN has sold a majority interest in X Games, the global action sports franchise it founded in 1995 that made household names of skateboarders, snowboarders, BMX riders and freestyle motocross athletes. As part of a multiyear agreement, MSP Sports Capital, a New York City-based private equity firm with investments in McLaren Racing Limited and four […]
Jean-François Fallacher, CEO of Orange Spain, has said that the telco’s merger with MásMóvil should be approved without conditions, on the grounds that Spanish market is highly competitive, and that the operation will not have a negative impact on competition. The Spanish telco market currently has eight operators with revenues of over €100 million. “It […]
Broadcast and telecoms infrastructure provider Cellnex Telecom has agreed the disposal of a package of approximately 1,100 sites with Wireless Infrastructure Group (WIG), in accordance with the Final Undertakings proposed by Cellnex and CK Hutchison and accepted by the Competition and Markets Authority (CMA) in May 2022 prior to the closing of Cellnex’s transaction with […]