Advanced Television

M&A

SK Telecom to acquire CJ HelloVision

Korean telco SK Telecom is to acquire the country’s largest cable MSO CJ HelloVision as it seeks to extend its involvement in the media platform business. SK Telecom will take over a 30 per cent stake for 500 billion won (€400m) in CJ HelloVision from its parent firm CJ O Shopping, with plans to buy […]

November 2, 2015By Colin Mann

Telestream acquires PandaStream

Telestream, a provider of video transcoding and workflow automation solutions, has announced the acquisition of Cloud-based encoding provider, PandaStream. The result of a comprehensive investigation of key suppliers in the cloud-based encoding market, the acquisition accelerates Telestream’s strategy for providing cloud services to complement its on-premise solutions. As a direct result of this acquisition, Telestream […]

November 2, 2015

Pélisson to head TF1

Gilles Pélisson, 58, will succeed TF1 Chairman and CEO Nonce Paolini and take up office on February 19th, one day after TF1 releases its 2015 results. Pélisson is the former CEO of Euro Disney and French hotel group Accor. Pélisson has been an administrator at TF1 since 2009 and knows the Bouygues Group from the […]

October 29, 2015From Pascale Paoli-Lebailly in Paris

BT/EE deal provisionally cleared

The UK’s Competition and Markets Authority (CMA) has provisionally cleared dominant telco BT’s anticipated £12.5 billion (€15.8bn) acquisition of mobile operator EE. The CMA inquiry group had been looking at how the tie-up would affect competition in a number of different areas of the telecoms sector. As well as looking at how the merger might […]

October 28, 2015

Cisco to acquire 1 Mainstream

Cisco’s has confirmed intent to acquire 1 Mainstream, a privately held company that offers a cloud-based video platform to launch live and on-demand OTT video services to a variety of devices. “Acquisitions are a foundational element of Cisco’s build, buy, partner, invest and co-develop approach to innovation,” Rob Salvagno, vice president of corporate development at Cisco. […]

October 28, 2015

Altice meets targets, completes Cablevision funding

Altice confirmed its annual profit target despite slowing Q3 sales at its French cable and mobile operator. Operating profit at the group rose by 13 per cent from the same quarter last year to €1.53 billion on a “pro forma” basis, which smooths out the impact of acquisitions on the group’s results. Sales slid 2.9 […]

October 28, 2015

Ericsson completes Envivio acquisition

Ericsson has announced the completion of the acquisition of Envivio.  The transaction was completed through a merger of its indirect wholly-owned subsidiary, Cindy Acquisition Corporation, with and into Envivio. Envivio, survives the merger as a wholly-owned subsidiary of Ericsson. The merger follows the successful completion of the tender offer by Ericsson for all shares in […]

October 28, 2015

MTG disposes of Russian pay-TV interests

MTG has simultaneously signed and completed the sale of its Russian and international pay-TV channel businesses for a total consideration of $45.5 million. The Russian channel business comprises factual, movie and sports channels, while the international channel business comprises pan-regional factual channels and the TV1000 movie channels. These transactions do not include MTG’s other entertainment […]

October 26, 2015

Liberty Global eyes CWC acquisition

British multinational telco Cable & Wireless Communications CWC) and cable MSO Liberty Global have confirmed they are in discussions regarding a possible shares and cash offer for CWC. Under British takeover rules, the company has until November 19 to decide whether to make a formal bid for Cable & Wireless. In a regulatory Statement, CWC […]

October 23, 2015By Colin Mann

VideoJug acquires Bladonmore assets

VideoJug Networks, the online TV group whose channels include Scoff, Pose and Decobliss has boosted its team, through the acquisition of the film and online assets of Bladonmore Europe, a specialist communications consultancy. VideoJug Networks has more than 40 million monthly network views across a range of owned channels. In recent months, it has also […]

October 23, 2015