At the presentation of the 2022 Q1 results, M6’s shareholders have overwhelmingly approved the proposed merger with fellow French commercial media group TF1, to form a Bouygues-TF1 entity. The M6-TF1 association, which will create to a French media giant in terms of channel distribution, advertising and audiovisual rights, is set to close in early 2023, […]
Following his earlier declaration of intent to acquire the social media giant, Twitter has confirmed that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion (€41bn). Upon completion of the transaction, Twitter […]
GatesAir, a global player in wireless, over-the-air content delivery solutions for radio and TV, has announced that Thomson Broadcast has signed a definitive agreement to acquire GatesAir from an affiliate of The Gores Group. The transaction is subject to certain regulatory filings and is expected to close in the second half of 2022. Details of […]
Modern Times Group (MTG) has successfully closed the transaction to divest ESL Gaming to Savvy Gaming Group. ESL Gaming is therefore no longer part of MTG and will be reported as ‘Discontinued operations’ in the group’s financial results for Q1 2022 and will be deconsolidated from Q2. MTG says it will now continue its growth […]
Software and data platform VideoAmp has acquired media investment optimisation provider Elsy to scale and accelerate adoption of its measurement and currency solution. Elsy boasts holistic and measurement agnostic platform integration capabilities, which VideoAmp says will supercharge its technology and proprietary software stack. Founded in 2015, New York-based, Elsy, enables advertisers, agencies and publishers to […]
DigitalReef, a global mobile marketing technology company, has completed the acquisition of connected television (CTV) advertising software platform Column6. This acquisition provides DigitalReef expanded capabilities and expertise in programmatic advertising and streaming media ad management throughout the Americas. “Column6 has built a powerful ad server and unified auction working with the largest CTV platforms and […]
Elon Musk has offered to buy Twitter, suggesting in a US Securities and Exchange Commission filing that he is the right person to “unlock” the social media platform’s “extraordinary potential”. Musk says he would pay $54.20 (€50) a share for Twitter, valuing it at over $40 billion, but that if his offer was not accepted, […]
Alex Mahon, chief executive of Channel 4, has mounted a strong defence of the broadcaster following the UK government’s announcement that it plans to privatise the channel, describing it as “a thriving national asset with a business model that has never been in better health”. Writing for The Sunday Times online, Mahon says the reaction […]
The owners of TalkTalk, the UK broadband provider, have received tentative approaches about a potential £3 billion (€3.59bn) sale of the company amid a flurry of international telecoms industry consolidation. Vodafone has been plotting an offer for TalkTalk in recent weeks, according to Sky News, whilst Sky itself – owned by Comcast – is also […]
Discovery and AT&T have closed their transaction to combine the WarnerMedia business with Discovery. The new entity, Warner Bros Discovery, will begin trading on the Nasdaq with the start of trading on April 11th, under the new ticker symbol ‘WBD’. Warner Bros Discovery will create and distribute the world’s most differentiated and complete portfolio of […]