Category archives for: Joint Venture

India DTH consolidation plans

india

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

Shazam

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

RTL

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

jeff

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 […]

Minerva, Accedo partner for resale

Minerva Networks, a provider of software solutions for the delivery of television services, and Accedo, a specialist in TV application solutions, have formed a partner and global resale agreement. Accedo will become a Minerva preferred partner for app stores and applications, and Minerva will resell Accedo’s application services worldwide. Service providers will be able to seamlessly integrate Accedo’s application solutions […]

Discovery, TF1 finalise agreement

French media group TF1 and Discovery Communications have wasted no time in finalising the agreement announced December 13 and are moving forward to build a three-tier strategic alliance across Eurosport, four pay-TV channels and production. Following a favourable opinion from the employee representative bodies, the partners December 21 confirmed the signature and closing of their strategic alliance agreement: The acquisition […]

Discovery confirms SBS Nordic deal and TF1 negotiations

discovery

Discovery Communications has confirmed a definitive agreement with ProSiebenSat.1 Group to purchase the company’s SBS Nordic operations for a total enterprise value of approximately €1.325 billion. The acquisition of SBS Nordic includes 12 television networks in Norway, Sweden, Denmark and Finland, among other assets, and further solidifies Discovery’s long-term growth in the strong Nordic TV markets. The company also confirmed […]

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