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Canal+ owns 12% of Multichoice

Canal+ owns 12% of Multichoice

Groupe Canal+ has confirmed that it has crossed the 10 per cent threshold in share capital of MultiChoice Group. As of October 28th, Groupe Canal+ owns 12 per cent of…

RTL Group sells shareholding in BroadbandTV

RTL Group has completed the sale of its entire shareholding in Vancouver-based BroadbandTV to BBTV Holdings for €102 million (C$158.8million). RTL Group says the sale is consistent with its three-priority…

Bezos to buy CNN?

Jeff Bezos has already bought the Washington Post newspaper, but amidst rumours that AT&T is looking to dispose of less important assets, it is reported that Bezos might use some…

Euskaltel increases profits and subs in Q3

Euskaltel increases profits and subs in Q3

Virgin Telco’s expansion has driven Euskaltel to a significant growth with a Q3 profit to September 30th of €52.1 million, up 24.5 per cent. In the third quarter, Virgin Telco…

Akamai acquires Asavie

Akamai Technologies, the intelligent edge platform for securing and delivering digital experiences, has acquired Asavie, whose global platform manages the security, performance and access policies for mobile and internet-connected devices.…

Ateme takes majority stake in Anevia

Following the announcement earlier this month of the signature of the final agreements between Ateme and the main shareholders of Anevia, the companies have now announced the completion of a…

ProSieben sells Windstar

ProSieben has sold its Windstar Medical subsidiary for €280 million. While the disposal was not unexpected, the sale price as some €30 million better than expected. The buyer is Oakley…

Telestream acquires EcoDigital

Telestream has confirmed its acquisition of EcoDigital (formerly known as Front Porch Digital). Telestream, a portfolio company of Genstar Capital, is a vertical market software business focused on the video…

Cinedigm to acquire The Film Detective

Cinedigm has agreed to acquire The Film Detective, acontent distributor and streaming channel company focused on classic film and television programming. The acquisition is subject to agreed upon closing conditions,…

MP criticises UK’s OneWeb purchase

A UK opposition MP has savaged the UK government’s involvement in satellite company OneWeb, currently in Chapter 11 bankruptcy reorganisation. The UK is putting at least £400 million into the…

DoJ thwarts Dish/DirecTV merger

The US Department of Justice (DoJ) has ruled out any sort of merger between Charlie Ergen’s Dish Network and arch-rival AT&T’s DirecTV. The two pay-TV giants are both losing subscribers…

CVC consortium closes in on Serie A stake

CVC consortium closes in on Serie A stake

Italy’s Serie A has started exclusive talks with a consortium of private equity funds to sell a 10 per cent stake in the Newco that will manage the TV rights.…

PPF Group completes CME acquisition

PPF Group has announced that its fully owned subsidiaries have completed the acquisition of Central European Media Enterprises CME). PPF now holds full control of CME’s operations in the Czech…

Bank: “Love is in the air” for ProSiebenSat.1

Investment bank Berenberg says that with the closing of the acquisition of the Meet Group, ProSiebenSat.1 now has an online dating business that has the potential to deliver broad-based revenue…

CMA seeks review of Virgin, O2 merger

CMA seeks review of Virgin, O2 merger

The UK’s Competition and Markets Authority (CMA) has made a request to the European Commission to refer the proposed merger of Virgin Media and Virgin Mobile with O2 to the…

Bids coming in for DirecTV

Reports from the US say that pay-TV giant DirecTV, owned by telco AT&T, is definitely up for sale and that some bids are already being submitted. The New York Post…

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