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 […]
Video software provider Synamedia has acquired Quortex, the privately-held provider of a cloud video delivery platform. Financial details were not disclosed. With this acquisition, Synamedia says it will enhance its cloud Video Network capabilities, complementing its VIVID Workflow as-a-Service (WaaS) with a set of solutions for OTT content processing, disaster recovery, long-tail content processing for […]
Elon Musk is backing out of his proposed $44 billion (€43.5bn) acquistion of social media site Twitter, alleging multiple breaches of the agreement. Musk made his movie back in April, sayng he wanted “to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating […]
Italian Group Media for Europe (MFE), owned by Silvio Berlusconi, will hold 82.92 per cent of Mediaset Spain after waiving the minimum acceptance threshold standing at 85 per cent. The Group – already owner of 55.69 per cent of the Spanish company – plans to take Mediaset Spain out of the Stock Market when the […]
The Play Group (part of the iliad Group) has acquired 92.5 per cent of shares in Redge Technologies. The residual 7.5 per cent of share capital remains with Przemysław Frasunek, CEO and Co-Founder of the company. Redge Technologies is the leader in OTT and edge computing technologies in Central Europe. Its flagship technology, Redge Media, […]