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Vietnam: Turner APAC takes stake in POPS

Turner Asia Pacific has announced an investment in POPS Worldwide, which sees Turner take a significant minority stake in the Vietnamese digital media and creator network. This investment represents an…

Ericsson hires banks for media units sale

Ericsson hires banks for media units sale

Ericsson has hired Morgan Stanley to explore a sale of its media solutions business, and Goldman Sachs to look at off-loading its broadcast and media services unit. The business units…

Orange to sell down BT stake

Orange plans to reduce its stake in British rival BT Group from 4 per cent to as little as 1.33 per cent, according to a company statement. Shares in BT,…

RTI-Mediaset takes 100% of Mediaset Premium

Italian broadcasting group RTI-Mediaset has acquired an 11.1 per cent stake in Mediaset Premium from Telefonica. As a result of the transaction, RTI-Mediaset now holds 100 per cent of the…

Ofcom report on Fox/Sky deal submitted

Ofcom report on Fox/Sky deal submitted

Ofcom has submitted a public interest report to the Government on the proposed acquisition of Sky by 21st Century Fox. On March 16th 2017, the Secretary of State for Culture,…

MTG acquires Kongregate games

MTG is acquiring 100 per cent of US games publisher and developer Kongregate from current owner GameStop Corp. for an Enterprise Value of $55 million (€49.3m). The transaction is subject…

Telstra mulls Foxtel stake sale

Telstra mulls Foxtel stake sale

Telstra chairman John Mullen has confirmed that the telco will maintain its access to Australian pay-TV platform Foxtel’s content under a new ownership structure for the pay-TV group, which is…

Astro Malaysia denies move on Reliance

Datuk Rohana Rozhan, CEO of pay-TV operator Astro Malaysia, says she knows nothing of the market rumours suggesting that the company is making a bid for India’s Reliance Digital TV.…

CETel to acquire Onlime’s Managed Satellite Services

CETel, a global satellite communications and network service provider, announces the acquisition of Onlime’s Managed Satellite Services for an undisclosed amount. This acquisition is a further milestone in CETel’s growth…

BCA approves Telenet’s SFR BeLux acquisition

The Belgian Competition Authority (BCA) has approved the planned takeover of Coditel Brabant SPRL and its subsidiary Coditel (together, “SFR BeLux”) by Telenet Group for €400 million. Under the brand…