Rostelecom, Russia’s national telecommunications operator, is to create a media joint venture with the All-Russia State Television and Radio Broadcasting Company (VGTRK), Russia’s leading producer of pay-TV channels for cable and satellite broadcast. The JV will be made up of VGTRK’s Digital Television and Rostelecom’s subsidiary NKS-Media. The main aim of the JV is to […]

JB&A and Piksel together announce a strategic channel partnership to expand market reach in video management, distribution, and monetisation solutions. JB&A is now an official Sales Partner of Piksel’s portfolio of solutions and services, in particular the Piksel Video Platform. “We are very excited to have partnered with JB&A, who now joins our existing roster […]

Presto Entertainment, a new service originating from a proposed Foxtel and Seven West Media joint venture, would see a massive library of subscription video on demand (SVoD) television content provided for Presto subscribers in early 2015. The proposed service would compete with Netflix, which recently announced plans to launch in Australia in March 2015. The […]

TeliaSonera and Telenor have entered into an agreement to merge their Danish operations into a new joint venture where the parties will own 50 per cent each. The new joint venture will create a robust mobile operator that is able to increase investments in networks to the benefit of our customers. “We are making a […]

Discovery Communications and Sony are reportedly to end their India joint-venture in the face to new regulations. Media regulator TRAI has forbidden the bundling of TV channels to more than one broadcaster. The 12-year joint venture, Multi Screen Media Discovery, in which Sony holds the lion’s share (74 per cent), is separating and each former […]

AMC Networks the global entertainment company behind acclaimed series The Walking Dead, Mad Men, and Rectify, is paying $200 million for a 49.9 per cent share of the BBC AMERICA channel.  The agreement is structured as a long-term equity joint venture, with BBC Worldwide retaining 50.1 per cent. AMC Networks will have operational control of […]

21st Century Fox and funds manager Apollo Global have revealed their agreement to create a leading global multi-platform content provider, bringing together Endemol, Shine Group and CORE Media. Under the terms of the agreement 21st Century Fox and Apollo will jointly manage the newly created group, with each owning 50 per cent. The group’s businesses […]

Indonesian pay-TV operator Indonusa Telemedia is setting aside $150 million for a satellite project. Indonusa is owned by Trans Corp and markets itself as Transvision. A July 16 half-year report said the broadcaster is anticipating 800,000 subscribers by the end of this year, helped by English Premier League football. Currently the broadcaster uses Telkom-1 (108 […]

Redbox Instant, the streaming video service operated by US telco Verizon and movie and game rental kiosk specialist Outerwall, is to close down on October 7th as the venture has not been as successful as anticipated. The service was launched in early 2013 in competition with services such as Netflix, Amazon and Hulu Plus. “The […]

Interactive TV and associated technologies specialist Strategy & Technology (S&T) and multi-platform live streaming and catch-up TV service provider Simplestream have reconstructed their two joint ventures – Synapse TV Ltd and VuTV Ltd – to be wholly owned by S&T, who will continue to run and develop the businesses, both of which are currently focused […]