Following on the press and financial speculation French media giant Vivendi attempted to cool the rumour-mill surrounding its potential acquisition of Sky’s three European pay-TV operations. A Vivendi senior spokesman “vehemently” denied that they had any plan to acquire Sky and Arnaud de Puyfontaine, chairman of Vivendi’s management board, stressed there was no bid. Sky […]
A Nigerian Federal High Court has forbidden pay-TV operator DStv from implementing new prices. The court issued an interim restraining order following a Class Action movement by local citizens. In March DStv hiked its prices by an average 20 per cent across the board – effective April 1st – and this prompted the action, with […]
French media giant Vivendi is said to be considering a bid to acquire all of the Sky-branded European pay-TV broadcasters. Reuters have reported ‘early stage discussions’ and analysts at investment bank Exane BNPO-Paribas state that the rumour has been bouncing around for a few weeks. Exane has run some numbers and – assuming a 25 […]
Telefonica is reportedly in talks for Al Jazeera to take a significant stake in Canal Plus to ease regulatory concerns from the CNMC and give green light to Telefonica’s takeover of the Spanish pay-TV platform. In May, Telefonica agreed to purchase the 56 per cent stake in Digital+ owned by Prisa for €750 million before […]
The news that Vivendi might be seeking to buy the trio of Sky Europe broadcasters has prompted considerable activity on the London stock market in Sky shares. Sky’s share price rocketed from Tuesday’s closing price of £10.23 to an April 8th morning ‘high’ of £10.63 (and a new 12-month ‘high’) before slipping back after profit […]
The pay-TV market has been struggling with increasing customer churn and maintaining ARPU, and is forecast for only 3.7 per cent CAGR through 2020, according to ABI Research. In contrast, OTT video continues its strong growth, and should see around 26 per cent total revenue growth in 2015, with 24 per cent CAGR through 2019. […]
The annual report from India’s Telecom Regulatory Authority (TRAI) praises the nation’s subscription TV business, stating that its latest data shows that India is now the world’s third-largest TV market after China and the US. According to TRAI of some 270
Indian pay-TV operator Videocon d2h is now listed on the NASDAQ exchange. Claimed to be India’s fastest-growing DTH operator, the listing came about following the $453 million investment by Harry Sloan and Jeff Sagansky (via their Silver Eagle Acquisition Corp) into Videocon d2h. In a statement Silver Eagle says this is the first Indian media […]
Bharti Airtel’s DTH pay-TV division (Airtel Digital TV) is reporting that its Indian subscribers have topped the 10 million mark, and this has been achieved within 6 years of the division’s start up. Shashi Arora, CEO – Airtel Digital TV said, “At Airtel Digital TV, we strive to empower our customers with superior television viewing […]
Discovery Communications has confirmed the completion of its acquisition of a controlling interest in Eurosport France to consolidate further Europe’s leading sports entertainment group. Discovery increased its interest in Eurosport France to 51 per cent from 20 per cent as part of a larger strategic partnership with TF1 Group that began in December 2012. In […]