Broadcast entertainment creator Banijay has announced the acquisition of Tipico Group, a specialist in sports betting in Germany and Austria, subject to regulatory approvals expected by mid-2026. At the end of the transaction, Banijay Group will hold about 65 per cent of the combined Betclic and Tipico entity, valued at €9.4 billion. Although the deal […]

LBG Media, the youth-focused on-line publisher and video broadcaster, has reported a 10 per cent annual revenue increase to £92.2 million, and said it had enjoyed “strong” US growth. Investment analysts at Berenberg Bank said the company’s numbers were in line with market expectations. “The Direct business continues to deliver – it outperformed our expectations […]

Analysts at investment bank Berenberg have reinstated coverage of satellite operator SES in a timely fashion and assuming a successful acquisition of Intelsat. Berenberg says it expects SES to extend its competitive advantage once it closes its acquisition of Intelsat later this year. Berenberg also believes SES will benefit from a rapidly changing geopolitical landscape […]

LBG Media is a UK-based multi-channel digital entertainment business, with a massive global audience. It claims an audience reach of more than 1 billion and enjoyed 128 billion views last year thanks to its LADbible, SPORTbible, and Unilad series of sites. LBG says it is now the world’s all-time “most viewed and engaged publisher on […]

Investment bank Berenberg has downgraded satellite operator SES from ‘Buy’ to ‘Hold’. The bank has also reduced its share price target from €7.20 to €6.80. The bank’s report says that it believes that the operator’s cash warchest, made up of the receipts of the $3 billion from the FCC as compensation for releasing certain C-band […]

A report on satellite operator SES from investment bank Berenberg maintains its ‘BUY’ recommendation, but the report has cut the bank’s share price target from €9.20 to a much more modest €7.20. The SES share price on November 28th was €5.40. The Berenberg report, Rebase done; Now on to returns, says it expects SES too […]

October 31st saw Eutelsat’s share price create a new all time low of just €3.97. The day opened with a value of €4.22 and there was a downward slide to just €4, although a late rally pushed the price per share up to €4.03, an overall fall on the day of five per cent. The […]

The SES share price is in the doldrums. The past few days has seen its shares trading at about €5.60. However, a report from analysts at Berenberg Bank suggests there’s positive news ahead. The bank says that with about $3 billion coming in around 10 days from now, the FCC’s C-band compensation scheme gives SES […]

Investment bank Berenberg, in a report to clients on the likely financials from satellite operator SES due on August 3rd, is urging SES to announce a buyback of shares. SES is due to receive about $3 billion (less 18-19 per cent tax) at the end of the year as its compensation from the FCC for […]