Advanced Television

M&A

Bank: SES/Intelsat merger worthwhile?

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 […]

June 28, 2022

Digital 9 Infrastructure acquires Arqiva stake

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 […]

June 27, 2022By Colin Mann

Idris Elba eyes Channel 4 bid

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 […]

June 27, 2022By Nik Roseveare

PE firms to acquire Deltatre

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 […]

June 24, 2022

Serbia: 14 bids for 4 national TV licences

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. […]

June 22, 2022From Branislav Pekic in Rome

Shareholders approve Viasat’s move on Inmarsat

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 […]

June 22, 2022By Chris Forrester

KKR bids for Deutsche Telekom tower business

A trio of investors, KKR & Co, Global Infrastructure Partners and Stonepeak Partners, have combined to bid for a controlling stake in Deutsche Telekom’s (DT) cellular towers subsidiary, according to Bloomberg. However, they are not alone in the bidding war. A consortium of Canadian investment firm Brookfield Asset Management and Cellnex Telecom has also made […]

June 21, 2022By Chris Forrester

Telefónica, Canal+ merger probe

Spanish regulatory body CNMC has opened a case probing a possible breach of the Telefónica and Canal+ merger conditions. Telefónica could have broken one of the obligations imposed on the company to approve the merger operation in 2015; providing information to CNMC about its premium TV offers to guarantee that third parties can match it. […]

June 17, 2022From David Del Valle in Madrid

Analysis: Potential Netflix/Roku synergies

Noting reports that Netflix may be mulling a bid for streaming platform operator Roku, Toby Holleran, Research Manager, Ampere Analysis, identifies one obvious barrier for Netflix in that it would need to raise the cash to fund such an acquisition, given that it already carries $15 billion (€14.4bn) of long-term debt, and total liabilities of […]

June 16, 2022By Colin Mann

Limelight completes acquisition of Edgecast

Limelight has completed the acquisition of Edgecast from Yahoo. The combined company will operate as Edgio. A press release from Edgio said that its solutions will “combine the power of the world’s best performing edge platform with the most complete set of capabilities for web applications, APIs and video content – continuing on its strategy […]

June 16, 2022