German commercial broadcaster ProSiebenSat.1 has sold a web-hosting business, myLoc, to Italian cloud services provider WIIT for around €50 million The move is seen as part of its diversification strategy and designed as part of its streamlining of its non-essential elements to focus more on its entertainment assets. With five data centres and a business […]
A Chapter 11 bankruptcy reconstruction allows the affected business to accept or reject some of the contracts and leases that were in place prior to the bankruptcy. OneWeb has delivered to its bankruptcy court a long list of contracts, some it will be happy to respect or amend but others it wants to be rejected. […]
MarketCast has announced the acquisition of Deductive, the data science team that supports some big names in media and consumer electronics, including Comcast, Vizio and Discovery. Formerly called Dativa, Deductive provides data science services to help its clients find meaning from the granular datasets being captured by today’s media platforms and connected devices. MarketCast says […]
Quibi, the short-video platform founded by US media proprietor and former Disney executive Jeffrey Katzenberg, is considering various strategies – including a potential sale – after a spluttering start has resulted in a failure to meet subscriber targets. According to a WSJ report, as well as a sale, options on the table also include raising […]
Integrated Media Company (IMC), a TPG platform dedicated to the new media ecosystem, has signed a definitive agreement with DAZN Group to acquire a majority stake in Goal, the digital football brand. Under the partnership, Goal will enrich its football coverage and additionally create digital opportunities enhancing the fan experience, advertiser proposition, and overall popularity […]
Microsoft has confirmed announced plans to acquire ZeniMax Media, the parent company of Bethesda Softworks, one of the largest, privately held game developers and publishers in the world. Creators of best-selling gaming franchises including The Elder Scrolls and Fallout among many others, Bethesda brings a portfolio of games, technology, talent, as well as a track […]
Broadcast facilities company Arqiva, reporting its end-of-year numbers (to June 30th), says its revenues were down 11.2 per cent although much in line with expectations. The company has sold its Telecoms business to Cellnex (for £2 billion) which “will sharpen [our] focus on broadcast and utilities sectors,” says Arqiva. The decline in group revenues (to […]
Mediawan’s move to acquire distribution and production group Lagardère Studios has been given a green light from the French Competition Authority. The company’s founding trio – Pierre-Antoine Capton, Mathieu Pigasse and Xavier Niel – have also been authorised to get a full and joint control on Mediawan, having previously owned a 20 per cent stakes. […]
Unified cross-platform measurement specialist TVSquared has appointed seasoned industry executive Bob Ivins as Chief Strategy Officer (CSO). Ivins is widely recognised for pioneering data-driven advertising, and promoting better transparency and collaboration throughout the TV ecosystem. As CSO, Ivins will help TVSquared continue to revolutionise the industry to ensure that advertisers can measure the impact of […]
The Switch, the platform for the production and global delivery of live video, has announced the relocation of Senior Vice President of Sales Nicholas Castaneda to the UK to drive its continued growth in international markets. Castaneda is now based in The Switch’s Central London office and will spearhead further expansion in Europe, the Middle […]