ARRIS’s $2.1 billion (€1.96bn) acquisition of Pace, which it had hoped to close in late 2015, may not occur until late December or the first quarter of 2016, according to the company. In a statement providing an update on the status of the required merger-control clearances in connection with the pending Pace transaction, ARRIS says […]
Global beauty company Coty has entered into a definitive agreement to acquire digital marketing firm Beamly. Beamly’s main focus is on driving audience growth and engagement for consumer brands in digital media. While Beamly is active across all digital media including online video, its core capability suite centres around social media, where it has consistently […]
Online and mobile commerce giant Alibaba Group has made a non-binding proposal to the board of directors of multi-screen entertainment and media company Youku Tudou to acquire all outstanding shares of Youku, including shares represented by American depositary shares (ADSs, each representing 18 ordinary shares of Youku), that it does not already own for $26.60 […]
Digital video distribution and monetisation network Rightster has commenced a formal strategic review of the options open to the Company to maximise value for Rightster shareholders. The strategic review will be wide-ranging and the Rightster Board will consider all strategic options available to the Group including a strategic partnership, acquisition(s) to increase the scale of […]
Citing substantial harm to competition and consumers, DISH Network has petitioned the Federal Communications Commission (FCC) to deny the proposed merger of Charter Communications and Time Warner Cable. The petition to deny outlines, among other things, the critical role that high-speed broadband plays in the video industry and the potential for the merger significantly to […]
The Federal Communications Commission should hold its review of the proposed merger between Charter Communications, Time Warner Cable and Bright House Networks in abeyance until it completes the long-delayed 2010 and 2014 quadrennial reviews of broadcast ownership rules, the National Association of Broadcasters (NAB) – the premier advocacy association for America’s broadcasters – has said […]
Liberty Global and the global venture capital firm, e.ventures, have invested £7 million (€9.45m) in Bigballs Media, the digital production company and owner of football-based YouTube channel Copa90. The deal gives Liberty a 14 per cent stake in the business and values Bigballs Media at £50 million. It also gives Liberty the option to increase […]
The Basque country-based Regional cable company Euskaltel has completed the acquisition of the Galician cable operator R for €1.19 million, including a €300 million debt. The operation gives birth to a large regional cable group in the north of Spain – with the companies retaining their own brands – with a network of 725,000 km […]
Italian thematic channel producer Giglio Group has acquired M-Three SatCom, a Milan-based provider of services and solutions for the broadcast sector. M-Three Sat-Com operates two satellite teleports (in Milan and Rome), a fleet of outside broadcast units for production and transmission, and a fibre optics infrastructure able to reach points of access and media centres […]
Broadcast station M&A volume reached $3.04 billion (€2.72bn) in the third quarter of 2015 according to SNL Kagan. Radio reached $422.1 million while TV registered deals worth $2.61 billion. The total is more than twice the combined amount registered in the previous three quarters. Year-to-date, at the end of September, radio registered a total of […]