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DAZN seeks investment to secure future

DAZN seeks investment to secure future

OTT sports platform DAZN is trying to secure its financial future, with owner Len Blavatnik exploring options to raise funds for a business that has significantly suffered by the postponement…

NENT AGM approves 10% shares buy-back

Nordic Entertainment Group (NENT) reported that at its AGM on May 19th, shareholders voted to approve a 10 per cent repurchase of the company’s shares. NENT operates video streaming services…

OneWeb sale a real-life Game of Thrones

The bankruptcy and sell-off of mega-constellation OneWeb’s assets has become extremely interesting. Analysts at Quilty Analytics were on the case and suggesting that the auction now has 30 interested parties…

Openreach ‘not for sale’

Clive Selley, BT Openreach’s CEO, has told staff in a memo that rumours a large stake in the company is on the block are not true. The rumours had seen…

Branson sells 20% of Virgin Galactic

Richard Branson has sold more than 20 per cent of his Virgin Galactic SpaceShipTwo space tourism and satellite launching project. The stake is held by Branson’s Vieco 10 holding company…

Thaicom Q1 revenues down 26%

Thailand’s Thaicom satellite operator saw revenues tumble 26 per cent during Q1 this year, but helped by foreign exchange benefits ended the quarter in profit. Thaicom’s net profit for Q1/2020…

SpaceX not interested in OneWeb assets

Widespread reports last week suggested that Elon Musk’s SpaceX had conducted an examination of OneWeb’s assets, which is currently in Chapter 11 bankruptcy liquidation. Musk, in a Tweet, has denied…

Liberty Global, Telefónica to merge UK operations

Liberty Global, Telefónica to merge UK operations

As recently rumoured, and following confirmation that talks were taking place, Liberty Global and Telefónica are to merge their UK operations in a 50-50 joint venture that brings together Liberty’s…

Bidders emerge for OneWeb assets

Whilst all the details aren’t yet known, there are serious names who have entered bids for some or all of OneWeb’s assets. By the May 4th deadline, at least six…

Sky Studios takes stake in Longboat

Sky Studios, Sky’s Europe-wide development and production arm, has acquired a minority stake in Longboat Pictures, an independent production company specialising in TV drama. Longboat Pictures was founded last year…

Private equity funds eye Italy’s Serie A

Private equity funds eye Italy’s Serie A

Private equity funds CVC Capital Partners and Blackstone are eyeing Italy’s top football league with increased interest. Its current TV rights deal expires in 2021. CVC is reportedly ready to…

Viasat Consumer, Canal Digital JV named ‘Allente’

The previously-announced combination of Viasat Consumer, Nordic Entertainment Group (NENT Group)’s satellite pay-TV and broadband-TV business, with Canal Digital, Telenor Group’s satellite pay-TV business, into a new joint venture company…

WarnerMedia completes LatAm HBO-branded services acquisition

WarnerMedia completes LatAm HBO-branded services acquisition

WarnerMedia has finalised its acquisition of Ole Communications’ minority stakes in both HBO Ole Partners and HBO Brasil Partners, the joint ventures between WarnerMedia and Ole Communications, and now owns…

Perspective: Telefónica, Virgin Media tie-up is seismic shift

Following the news that Telefónica has confirmed the current discussions with Liberty Global regarding a potential integration of their respective UK telecommunications businesses, O2 UK and Virgin Media; Natasha Rybak,…

Virgin Media, O2 merger talks confirmed

Virgin Media, O2 merger talks confirmed

A filing made by Telefónica to the Spanish media regulator May 4th confirms that its O2 cellular operator in the UK is in formal talks with Liberty Global-backed Virgin Media.…

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