Category archives for: M&A

US consumers oppose Comcast/TWC merger

Opponents of the Comcast-Time Warner Cable merger have submitted just under 600,000 public comments to the Federal Communications Commission in recent months urging it to reject the proposed deal. The announcement was made just days before the FCC’s December 23rd deadline for submitting reply comments on the merger. The comments calling on the FCC to reject the merger were gathered […]

Murdoch to buy true[X] media

21st Century Fox is set to buy the company that provides online publishers and advertisers a marketing platform for premium content in digital and on demand environments. true[X] is expected to remain a stand-alone business, but will work with Fox Networks Group to create engagement between brands and consumers on Fox’s digital platforms. “The connections between brands and consumers have […]

BT’s EE bid raises regulatory concerns

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BT’s £12.5 billion (€15.8bn) offer for the possible acquisition of UK mobile business, EE from Deutsche Telekom and Orange has raised a number of regulatory issues, which according to Matt Howett and James Robinson, analysts at consultancy firm Ovum, are not insurmountable given current market dynamics. They note that the competition issues raised by BT’s acquisition attempt of EE will […]

BT confirms exclusive EE negotiations

UK telco BT has announced that, further to its statement on November 24th 2014, it has entered into an exclusivity agreement with Deutsche Telekom and Orange in relation to BT’s possible acquisition of all of their UK mobile business, EE, a move that significantly enhances its ability to provide a quad-play offering. The period of exclusivity will last several weeks […]

Hearst buys into Dreamworks Teen YouTube channel

Hearst Corp has acquired a 25 per cent stake in Dreamworks’ YouTube teen network, Awesomeness TV, for $81 million. Hearst Corp is a publisher of newspapers such as the San Francisco Chronicle and Houston Chronicle and Hearst magazines. and also operates TV channels. Under the deal, Awesomeness TV, which has a subscriber base of over 114 million, will get immediate […]

Liberty, Searchlight acquire Choice Cable TV

Liberty Global has announced that, together with investment funds affiliated with Searchlight Capital Partners, it has entered into an agreement to acquire 100 per cent of the parent of Puerto Rico Cable Acquisition Company, Choice Cable TV, the second largest cable and broadband services provider in Puerto Rico. Choice’s operations will be combined with Liberty Cablevision of Puerto Rico and […]

Vodafone Spain-Ono to axe 1,000 jobs

Vodafone Spain is reportedly set to dismiss 1,000 workers over the coming months as a result of its acquisition of Spanish cable provider Ono earlier this year. Combined the two companies currently have around 6,000 workers, with Vodafone accounting for 3,500 employees and Ono the remaining 2,500.  The aim is to implement this measure by the end of the first […]

Skyview completes IMT acquisition

Integrated Microwave Technologies (IMT), a specialist in advanced digital microwave systems serving the Broadcast, Sports & Entertainment and MAG (Military, Aerospace & Government) markets, has announced that its acquisition by Skyview Capital has been successfully completed. Skyview Capital announced that it has signed an agreement to acquire IMT from the Vitec Group on November 3rd 2014. Specific financial terms of […]

Bidders circle Poland’s TVN

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Poland’s TVN should be in the hands of new owners by early January, according to local reports. Current owners ITI Group and Canal Plus are looking to sell their entire 53 per cent stake in the business. TVN CEO Markus Tellenbach is quoted as saying that the broadcaster has 10-12 interested parties in the line up of potential bidders, and […]

Sky Bet sold to CVC for £800m

Sky has sold its online betting and gaming business, Sky Betting & Gaming (Sky Bet), to CVC Capital Partners (CVC) in a deal which values Sky Bet at £800 million (€1.018bn). The sale releases the value for Sky that has been created in Sky Bet, and enables the enlarged Sky to focus on pay-TV across the five markets in which […]

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