Global distribution group, Blue Ant International, has acquired 100 per cent ownership of UK-based Drive Media Rights. Blue Ant says the deal represents its ongoing expansion in the UK and commitment to growing its pre-sale capacity, while charging the distributor’s network within the creative community. As part of the deal, Drive’s Managing Directors Ben Barrett […]
LiveU, a specialist in live video streaming and remote production solutions, has announced the acquisition of its longstanding channel partner, Pacific Live Media (PLM) as part of its strategy to get closer to its customers in key markets. The announcement follows last year’s acquisition of LiveU UK partner Garland Partners as the Company increases its […]
Jesse Norman MP, a former government minister and Chair of the UK parliament’s Culture, Media and Sport Committee in 2015-16, has criticised the proposed privatisation of publicly-owned broadcaster Channel 4. In a letter expressing no confidence in Prime Minister Boris Johnson, he said: “Privatisation of Channel 4 is an unnecessary and provocative attempt to address […]
South Africa’s IHS Towers will shortly be the nation’s largest operator of cellular and radiocommunications towers. IHS is completing the purchase of MTN’s portfolio of 5,701 towers in a deal valued at Rand 6.4 billion (€383.3m) liabilities of some Rand 4.6 billion. The deal sees IHS take 70 per cent of the eventual combined business […]
MásMóvil and Orange Spain are seeking a €6.5 billion loan to complete their merger by the end of the month. Their merger will give rise to the second largest telco operator in Spain with an enterprise value of €20 billion, shared 50/50. BNP Paribas is leading the financial operation to get the loan along with […]
The UK’s Competition and Markets Authority (CMA) has confirmed it is investigating the anticipated sports joint venture between Warner Bros Discovery and BT Group. The CMA is considering whether it is or may be the case that this transaction if carried into effect, will result in the creation of a relevant merger situation under the […]
Canadian multiplay telcos Rogers Communications and Shaw Communications have agreed to not proceed with closing their proposed merger until either a negotiated settlement is agreed with the Commissioner of Competition or the Competition Tribunal has ruled on the matter. As a result, there is no need for the Tribunal to hear the Commissioner’s application for […]
Nordic multiplay telco Telia Company has completed the divestment of 49 per cent of its tower business in Sweden, to Brookfield and Alecta, as all regulatory approvals have been received. On January 27th, 2022, Telia announced the sale of 49 per cent of its tower business in Sweden to Brookfield and Alecta at a price corresponding […]
RTL Group has closed the transaction to sell RTL Croatia to Central European Media Enterprises (CME). The transaction, which was first announced on February 14th 2022, was approved by the Croatian competition authority on May 27th 2022. “The sale of RTL Croatia is in line with our strategy to lead TV consolidation in Europe,” stated […]
Streaming service Starz will definitely be sold this summer, according to a statement from owners Lionsgate – with the financial and other considerations wrapping by the end of the year. Lionsgate acquired Starz in 2016 and paid some $4.4 billion (€4.09bn) at the time. “We are engaged in a robust and productive process with our […]