Viasat of California is in the process of buying London-based Inmarsat for some $7.3 billion (€6.9bn). SpaceX is formally complaining to the FCC and says that Viasat has violated FCC rules and should not be given permission to control another company’s assets. Jeff Bezos’s Kuiper Systems is also complaining to the FCC over the Viasat/Inmarsat […]
ITV has agreed to acquire a majority interest of 79.5 per cent in Plimsoll Productions, an independent producer of natural history and factual programming, for a cash consideration of approximately £103.5 million (€120.2m), valuing Plimsoll at an Enterprise Value of £131 million. Founded in Bristol in 2013, the producer is behind series including Tiny World […]
Entertainment technologist Technicolor is launching its new brand, VANTIVA, in the wake of the proposed spin-off of Technicolor Creative Studios (TCS) announced in February. The new brand will be comprised of the Connected Home and DVD Services operations. By the end of the third quarter, subject to shareholder approval, VANTIVA will also become the new […]
In a move that expands its capabilities across the advertising workflow, video advertising workflow and delivery specialist, Peach, has acquired Cape, a SaaS creative and campaign automation platform allowing teams to collaborate and efficiently publish to digital and social destinations. Michiel Blonk and Eelco Van De Wiel co-founded Cape in 2019. The company has grown […]
CleverTap, the retention cloud, has completed the acquisition of San Francisco based Leanplum, a multi-channel customer engagement platform. With this acquisition, CleverTap has strengthened its footprint in the US and Europe. CleverTap says it will combine the product stack of both organisations and extend its solutions and technology to all its customers and prospects worldwide. […]
MediaForEurope (MFE – the renamed Mediaset) has upped by 16 per cent the cash part for its bid for its own Spanish-listed subsidiary Mediaset Espana. MFE said that the share consideration was unchanged and claimed that Mediaset Espana was now recommending MFE‘s improved offer. MFE said it would offer 4.5 of its ordinary A shares […]
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 […]