Portugal’s National Communications Authority (Autoridade Nacional de Comunicações [Anacom]) has rejected the proposed acquisition by global telecom operator Altice of Portuguese media company Media Capital. The regulator stated that the deal may create “significant barriers to effective competition in the various electronic communications markets”. According to Anacom, “given the size of the parties involved in […]

Sony Pictures Networks India (SPNI) has completed its acquisition of the Ten Sports channels owned by Zee Entertainment Networks (ZEEL). Sony paid $366.3 million overall and the latest payment obligation concludes the transaction. The final amount paid is also $18.7 million less than first announced. The difference is because a building in Dubai, leased by […]

Aerospace giant Northrop Grumman is paying $9.2 billion (€7.7bn) to buy satellite builder Orbital ATK in an all-cash deal.  The transaction is expected to close early next year. Orbital ATK makes rockets as well as satellite and space components. It also has a military side to its business supplying missile and armaments. Indeed, 27 percent […]

James Murdoch told the RTS Cambridge Convention that 21st Century Fox’s takeover of Sky would be a boost for Britain as it tackles Brexit. The Fox CEO dwelt on the importance of scale in today’s media market and warned regulators should not block the €20 billion takeover of Sky. The bid has been referred to […]

That sounds like some kind of fairy tale – and maybe that’s right; an old media magician tries to weave one last spell with a company named after a wild rural animal. Just as it looks like he’s going to succeed, along come the politicians and regulators with their ‘non-fanciful’ concerns over his commitment to […]

A report in the Sunday Times suggests that the enthusiasm for buyers to acquire UK mast and transmission company Arqiva is fading fast. The report says that Singapore’s GIC sovereign wealth fund has withdrawn from the £6 billion auction, which “leaves just one solid bidder in the frame — Canadian property empire Brookfield,” said the […]

FremantleMedia has acquired a majority stake in the brand new Australian drama company Easy Tiger Productions. The high-end scripted indie will be led by producer Ian Collie, who will take up the position of Managing Director. Collie co-founded Essential Media in 2006 and rapidly built its drama division into one of Australia’s foremost creators and […]