As private equity firm Providence Equity Partners completes its acquisition of cloud-based managed Wi-Fi solutions provider Airties, it has been confirmed that Tony Ball, former chairman of Kabel Deutschland and CEO of BSkyB, and current Senior Advisor of Providence Equity Partners, will serve as new Chairman of the Airties board. Philippe Alcaras will continue to […]
Equativ, the independent ad monetisation platform, has announced its strategic investment in Nowtilus, the digital video personalisation company that facilitates broadcaster and publisher transitions to digital streaming. After the recent announcement of its rebranding, shifting away from Smart to Equativ to settle the complete integration of its unified proposition, this move is the latest in […]
Xperi, owner of TiVo, has acquired OTT and hybrid TV solutions provider Vewd Software for $109 million (€106m) through a mixture of cash and debt. Vewd solutions ship in more than 30 million connected TV devices annually. Furthermore, the transaction gives Xperi access to an installed European footprint of approximately 15 million devices that can […]
The acquisition of the majority of the capital of Euronews by Alpac Capital, announced in December 2021, has been finalised, following the approval of the investment by the French Ministry of the Economy, Finance and the Recovery. Alpac Capital is an investment fund manager based in Portugal, owned by Pedro Vargas David and Luís Santos. […]
US businessman and investor Peter Chernin has bought US division of Red Arrow Studios from ProSiebenSat.1 and rolled them into Chernin Entertainment to become part of The North Road Company – a global content studio unveiled earlier this year. Chernin paid $200 million (€196.3m) for Red Arrow’s US companies including Kinetic Content, Left/Right, 44 Blue, […]
UK-based 108 Media has acquired a majority stake in Singapore-based animation studio Robot Playground Media (RPM). Co-founded and run by Ervin Han and Bernard Toh, RPM is one of is a creative studio specialising in developing and producing premium multicultural animation IP for clients such as Warner Bros, Disney Southeast Asia, Discovery, MediaCorp, StarHub and […]
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 […]