Investment analysts at Wells Fargo bank say in a note to clients that Comcast will likely prevail in the bidding war for the assets of Sky. The bank also suggests there’s plenty of benefit still to flow to existing shareholders in Sky and prices the possible final payment level of £14.50 per share (Sky is […]
With ownership of TV programming rights becoming a vital asset in the international TV market, production company mergers and acquisitions have continued to rise over the past five years. This type of activity has grown at a 19.4 per cent compound annual growth rate (CAGR), increasing from 42 deals in 2013 to 102 deals in […]
Following recent DoJ clearance in the US and other regulatory acceptances, Discovery Communications has confirmed the successful completion its $14.6 billion (€12.4bn) acquisition of Scripps Networks Interactive. Moving forward, the combined company will be officially known as simply: Discovery, Inc. “Today marks another critical milestone for Discovery, as we become a differentiated kind of media […]
Anevia, a provider in OTT and IPTV software solutions, has announced an agreement to acquire French-based video compression software expert Keepixo. Specialising in the development of video compression software for TV operators, Keepixo’s existing solutions, sold to more than 150 clients worldwide including ZDF, Altibox and Media Broadcast, enable live or near-live broadcasts for multi-screen […]
Following the December 2017 announcement by the Australian Competition & Consumer Commission (ACCC) that it had decided to not oppose the proposed merger of FOX SPORTS and Foxtel after finding the transaction would not substantially lessen competition, News Corp and Telstra have signed definitive agreements to combine Foxtel and FOX SPORTS Australia, which they say […]
20th Century Fox has invested nearly €6 million to buy a 4 per cent stake in Italian TVoD platform Chili, reports local daily Il Sole 24 Ore. Milan-based Chili is a transactional service which offers a digital catalogue of over 50.000 films and TV series, which can be streamed or downloaded on various devices (Smart […]
While the market digests what might happen next in the bidding war now taking place over Sky’s European assets, one savvy observer says perhaps it is time to look at Canal Plus, which is suggested to be “undervalued”. Laurie Davison, media analyst at investment bank Deutsche Bank, says that the various bids for Sky prove […]
Technicolor has confirmed it will enter into an exclusive agreement pursuant to which InterDigital, a mobile technology research and development company, commits to acquiring its Patent Licensing business. Technicolor will maintain its Research & Innovation organisation to assert its strong competitive technological differentiation for its operating businesses while engaging in funded research with InterDigital. Commenting […]
Following the news that Comcast has made a bid for Sky, a number of industry observers have shared their thoughts on its implications for the pay-TV sector with advanced-television.com. According to MoffettNathanson’s Craig Moffett, for Comcast shareholders, there is a mix of good and bad in the announcement of a topping bid for Sky. “Unfortunately, […]
Entertainment technology and audience insights specialist TiVo has revealed it is exploring a range of strategic alternatives to realise long-term shareholder value. These options range from transformative acquisitions that would accelerate its growth, to combining the business with other leading players, to becoming a private company. The Company has engaged LionTree Advisors to assist the […]