Category archives for: Joint Venture

Sony and Panasonic scrap OLED partnership

Sony and Panasonic are scrapping their OLED display TV panel joint-venture “alliance”, blaming technical challenges and production costs. The pair will independently focus on building 4K/Ultra-HD LCD panels.  Both companies have faced heavy losses within their TV divisions, and local reports quote spokesmen for both businesses saying that LCD-based 4K displays show greater promise.  The OLED j-v was announced in […]

Grass Valley partners with Magic Hour

As part of an on-going commitment to generate further momentum and growth within its customer base in France and North Africa, Grass Valley has formed a strategic reseller agreement with Magic Hour (which includes Magic Editing) for the distribution of Grass Valley products and services across both regions. France-based Magic Hour will manage the distribution for the entire breadth of […]

Sky, Telecom Italia in Olympics and IPTV accord


Telecom Italia and Sky Italia have reached an agreement that will allow the telco’s mobile and broadband customers to access Sky’s dedicated Winter Olympics channels and watch them on smartphones and tablets over 3G and LTE networks. The two companies have also signed a letter of intent to study the feasibility of a next-generation IPTV platform. The agreement initially cover […]

India DTH consolidation plans


Three major DTH operators in India’s giant pay-TV market are in talks to form a joint-venture, according to local reports.  The plan is to see content and programming costs trimmed and see increased carriage fees coming from India’s broadcasters. The three companies are: Dish TV, Videocon d2h and Airtel Digital TV, and are in discussions to set up a JV […]

WorldPay and PayWizard team up

WorldPay, a global player in payment processing, risk and alternative payments, and PayWizard, a platform that provides subscriber management and billing for multi-screen media, have announced an agreement to integrate WorldPay’s payment processing capabilities with PayWizard’s subscriber management functionality. The integration will provide merchants with improved customer services, enhanced payment flexibility and quicker time-to-market. PayWizard clients will gain access to […]

Discovery and Viacom joint sales in Netherlands

Discovery Networks Western Europe and Viacom International Media Networks have announced a strategic partnership in the Netherlands to launch a joint sales house called BrandDeli.  The new company is 50 per cent owned by both companies and will be launched on November 1st 2013. BrandDeli will replace both Discovery and Viacom’s existing local ad sales businesses in the Dutch market […]

Shazam in $40m América Móvil boost


Media engagement company Shazam has announced that America Móvil, the largest telco in the Americas, controlled by Carlos Slim, the world’s richest man, has invested $40 million in the company, with the pair formalising a strategic business collaboration for the Americas. The investment will help accelerate Shazam’s ongoing growth in music, continued expansion into television and the development of innovative […]

RTL strikes BroadbandTV strategic partnership


European entertainment network RTL Group has formed a strategic partnership with Vancouver-based online video company BroadbandTV. RTL Group’s initial investment of €27 million for a 51 per cent stake is part of a planned series of investments in the company. The business partnership between the two companies creates a new platform for RTL Group’s digital strategy and allows the management […]

Time Warner in China investment initiative


Time Warner Inc and China Media Capital, China’s leading investment fund focused on media and entertainment, have formed a strategic investment partnership. The news was revealed in the western Chinese city of Chengdu, where business leaders convened for the 2013 Fortune Global Forum. The partnership aims to capitalise on China’s rapidly expanding media sector as digital devices proliferate and China’s […]

Teleste partners for Chinese cable market

Teleste has reached agreements with the government cable operator of Gansu Province and Shanghai OTEC Information Technology. As a result, Teleste will have 10 per cent ownership of a joint venture owned by the three parties. The agreements also cover sales development of the Chinese cable market as well as commencing a local manufacturing facility. In step with the digital […]

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