Netflix has revealed plans to acquire Animal Logic, the Australian animation studio. Netflix said the acquisition will support its ambitious animated film slate, building on films like Over the Moon, Academy Award-nominated Klaus and the recently released, record-setting The Sea Beast. Animal Logic has been producing award-winning design, visual effects and animation for over 30 […]
A US judge has ordered that Twitter’s lawsuit against Elon Musk will go to trial in October, despite Musk’s request for a delay. Musk backed out from his $44 billion (€43.1bn) bid to buy Twitter in early-July, prompting the social media company to sue him. Twitter is hoping that the court will order Musk to […]
South Korean streaming platforms TVing and Seezn are set to merge in a bid to fend off international streamers such as Netflix – which plans at least 25 Korean originals this year. CJ ENM, behind global game show format I Can See Your Voice, is the controller of TVing, while Studio Genie, the media subsidiary […]
Virgin Media O2 has made an offer to acquire telco rival TalkTalk that is reportedly in the region of £3 billion (€3.54bn). Virgin Media O2, which is jointly owned by Telefonica and Liberty Global, is said to have submitted a bid for Salford-based TalkTalk in recent weeks to test the waters for a potential full […]
Canadian cable giant Rogers Communications suffered a major outage on July 8th that lasted some 19 hours and affected Toronto, Ottawa and Montreal. Now the Canadian government is getting involved and reports that the planned merger between Rogers and rival Shaw is at risk. The Canadian government has ordered an investigation into the meltdown that […]
Nordic streamer Viaplay in reportedly in talks to acquire pay-TV channel Premier Sports as it seeks to bolster its sporting rights ahead of its UK launch later this year. Viaplay is aiming to agree a deal as soon as this month, according to Bloomberg. Premier Sports operates in the UK, where it broadcasts live football […]
Zappware, a developer of end-to-end digital TV platforms, and iWedia, a provider of tier 1 software solutions for connected TV devices and Android TV pioneer, will join combine to create the Zappware Entertainment Group International (ZEGI) with head offices in Zurich, Switzerland. Reinhart Interactive TV, owner of Zappware, recently spun-out of NextPlay Technologies and joined […]
The Australian Competition & Consumer Commission (ACCC) has said will not oppose the proposed acquisition of 51.4 per cent of Media Innovations Holdings Pty Ltd (Fetch TV) by Telstra Corporation. Telstra and Fetch TV both supply content aggregation services through set-top-boxes. Telstra supplies Telstra TV with eligible Telstra retail broadband services and Fetch TV supplies […]
Gaming giant Nintendo has announced that it has entered into an agreement to acquire 100 per cent of the outstanding shares of Dynamo Pictures. Completion of the acquisition is expected to close on October 3rd, after which Dynamo Pictures will be known as Nintendo Pictures. Dynamo Pictures is previously for its work on the Pikmin […]
Sport streaming service DAZN is in talks to acquire online rival Eleven Sports. Discussions are at an advanced stage according to the FT, but there is no guarantee of a deal being agreed. DAZN, owned by billionaire Len Blavatnik, is working aggressively to acquire more content rights and move into new markets at a time of […]