Bouygues, RTL Group, Groupe TF1 and Groupe M6 have decided to call off their plan to merge the TF1 and M6 groups announced on May 17th 2021. The decision comes after the parties appeared at the hearings France’s Autorité de la concurrence (Competition Authority) Collège (board) on September 5th and 6th 2022 to argue in […]
Straight after Walt Disney Company CEO Bob Chapek said he’d exercise his right to buy out Comcast’s 33 per cent stake in SVoD pioneer Hulu sooner rather than later, Comcast CEO Brian Roberts said he’d buy the streamer outright “if it were for sale”. Both companies have ‘put’ options to offer to buy the other […]
Viasat and Inmarsat have received the UK government’s approval for their proposed merger. The UK’s Secretary of State for Business, Energy and Industrial Strategy (BEIS) has announced that the transaction does not pose a risk to the UK’s national security. In March 2022, the companies committed to economic undertakings with BEIS, which underlined their pledge […]
Intelsat’s new CEO David Wajsgras spoke to delegates at the Euroconsult Paris World Satellite Business Week and said that Intelsat was looking at transformation on multiple levels. Intelsat is now fully emerged from bankruptcy although also surrounded by rumours that there could be a merger with arch-rival SES. Wajsgras joined Intelsat in April. He told […]
French media company Canal+ has raised its stake in South African pay-TV operator MultiChoice to 26.26 per cent, up from 20.12 per cent in July 2022, when MultiChoice advised that Canal+ had acquired an additional interest in the ordinary shares of the company. In a regulatory disclosure, MultiChoice said that it remained committed to acting […]
Tremor International, a specialist in video, data, and connected TV advertising, has announced the closing of its previously announced acquisition of advertising platform Amobee in a deal worth $239 million (€239.1m). “We are pleased to complete the strategic Acquisition of Amobee, which we anticipate will increase our global market presence, significantly enhance and expand our […]
German commercial broadcaster ProSiebenSat.1 Group is acquiring the outstanding 50 per cent of the shares in streaming service Joyn from Warner Bros Discovery. The joint venture was established with Discovery in 2017 and has been operating under the name Joyn since 2019. From day one, Joyn has focused on a strong, free and thus advertising-financed […]
TelevisaUnivision, the Spanish-language media and content company, has announced the completion of its acquisition of Pantaya, a streaming platform in the US for Spanish-language movies and series. “The strategic acquisition of Pantaya marks an important milestone in our ongoing digital transformation, bringing together highly complementary streaming assets and building upon TelevisaUnivision’s global streaming service, ViX […]
Activist investor Dan Loeb seems to be backing off his call for Disney to spin-off ESPN. Loeb’s Third Point hedge fund bought a $1 billion stake in Disney this summer, and called for ESPN to be spun off to reduce Disney’s debt. Now The Walk Disney Company CEO Bon Chapek has told Disney’s InHhouse Con: […]
Vertigo Films has agreed a deal with International studio Federation to take a majority stake in the company. Vertigo’s credits include popular TV shows Britannia and Bulletproof, box office hits StreedDance 3D and The Sweeney and award-winning film such as Monsters and Bronson. Federation is a production and distribution company that champions independent European studios. […]