MEDIAGENIX, a global media solution provider with Media Business Management Platform WHATS’ON, has announced the acquisition of BeBanjo, a technology company that streamlines the editorial and operational aspects of video distribution services with its Movida product suite. The combined companies say they aim to strengthen each other in delivering content-centric business management software to the […]
MediaForEurope (MFE), controlled by the family of Silvio Berlusconi, will certainly look at Channel 4 when it is put up for sale, its CFO Marco Giordani has declared. The UK government plans to sell Channel 4, but the necessary legislation still needs to be passed and it faces stiff opposition. But if it does go […]
Tencent’s share price in Hong Kong fell back 1.5 per cent on June 28th, but Prosus NV stock jumped 10 per cent on the Amsterdam market while shares in Naspers (on the Jo-berg market) rose 13 per cent on the decision by Naspers to buy back its own stock for cancellation. Prosus/Naspers CEO Bob van […]
South African multinational Naspers, which is Tencent’s largest shareholder, has reversed its previous decision not to sell shares in what is China’s most valuable business. Naspers, which owns a 29 per cent stake in Tencent via the Dutch-based Prosus media business, said on June 27th that it would start selling “small” numbers of ordinary shares […]
Equity analysts at Credit Suisse have asked a key question in a fresh report and pondering whether a merger between the world’s two biggest satellites operators, SES and Intelsat, both based in Luxembourg, would pan out. Their answer is a simple: you bet it would. The bank’s report (European Satellite: Scaling Up) suggests that there […]
Investment management body Canada Pension Plan Investment Board (CPP Investments) has agreed to terms with Digital 9 Infrastructure (D9) to sell its entire stake in UK broadcast and comms infrastructure provider Arqiva. CPP Investments first acquired an approximate 48 per cent stake in Arqiva in 2009, making this one of the Fund’s longest-standing investments in […]
Actor Idris Elba is reportedly in talks to take part in a bid for Channel 4. Elba is said to be discussing a joint bid with Marc Boyan, a media entrepreneur who is the founder of marketing company Miroma Group, according to a report in The Sunday Times. The UK government announced plans to privatise […]
Private equity firms Bain Capital and Nextalia SGR have agreed to acquire sports and entertainment technology provider Deltatre from Bruin Capital. Deltatre offers OTT streaming solutions enabling direct-to-consumer content distribution via the Internet as well as data, graphics and live broadcast solutions. Deltatre’s clients include some of the largest sports organisations in the world, including […]
Fourteen TV stations have submitted bids for four national frequency licences by the June 20th deadline, according to local media reports citing sources from Serbia’s Regulatory Body for Electronic Media (REM). The list is led by the current holders of the four commercial TV licences that expire in August, namely Pink, Happy, Prva and B92. […]
Satellite operator Viasat says that, at its Special Meeting of Stockholders, it received the necessary stockholder approvals for the proposed acquisition of Inmarsat. Viasat continues to expect the transaction to close in the second half of calendar year 2022, subject to the receipt of certain regulatory approvals and clearances and the satisfaction of other customary […]