Advanced Television

M&A

Sony, Apollo team to target Paramount?

US private equity group Apollo Global is considering hooking up with Sony Pictures Entertainment to make a joint takeover bid for Paramount Global to rival the deal on the table between controlling shareholder Shari Redstone and Skydance, the film studio. The potential of the bid is at an early stage, according to reports. If a […]

April 19, 2024

Ofcom outlines mmWave spectrum auction

Ofcom has provided updates on how the media regulator will make spectrum available in the 26 GHz and 40 GHz bands – known as millimetre wave (mmWave) spectrum. This spectrum can carry large amounts of data and has the potential to improve mobile speeds in busy areas, such as train stations, football stadiums and concert […]

April 16, 2024

Viasat opens London HQ

Satellite communications specialist Viasat has officially opened its International Business Headquarters in London. As part of Viasat’s focus to streamline operations and drive synergies to better serve its global mobility and government customer base, the company says it has reached another important integration milestone. Viasat acquired UK-based Inmarsat in 2023 and the London office will […]

April 12, 2024By Colin Mann

Harmonic sinks on video about turn

Harmonic stock was down 17 per cent earlier this week as the company announced a change of CEO and a U-turn on the decision to sell its video business. Nimrod Ben-Natan, a 28-year product veteran at the company, will step up, replacing Patrick Harshman, who is set to retire as president and CEO in June. […]

April 10, 2024

Prysmian to acquire Warren & Brown

Prysmian, a specialist in the energy transition and digital transformation, has signed an agreement to acquire Warren & Brown Technologies, the Australian player in telecommunication network connectivity products. Prysmian says the acquisition “represents a strategic milestone for both companies, combining Prysmian’s expertise in Digital Solutions technologies with Warren & Brown’s resources, capabilities and strength in […]

April 10, 2024

Canal+ makes buyout offer for MultiChoice

Canal+ has made an all-cash mandatory offer to acquire all the shares of South African broadcaster MultiChoice that it does not already own for SAR35 billion (€1.73bn), both companies have confirmed. That offer at SAR125 per share follows an indicative offer of 105 rand made by Vivendi-owned Canal+ on February 1st, which MultiChoice rejected on […]

April 8, 2024

Televisa acquires AT&T’s Sky Mexico stake

Mexican telco Grupo Televisa has reached an agreement with AT&T for the acquisition of its participation in Sky Mexico, by which the company would become owner of 100 per cent of Sky’s capital stock. As part of this agreement, the transaction price would be paid by the company in 2027 and 2028. The transaction is […]

April 8, 2024

Mediagenix acquistion expands footprint in US

Mediagenix, a specialist in content life cycle solutions, has acquired the media programme management solution of record for broadcast networks and cable companies across the US. As part of the transaction, Mediagenix has acquired 55 new customers and 11 employees from its strategic partner, the market specialist in broadcast inventory and revenue workflow management. The […]

April 8, 2024

Euroconsult, SpaceTec Partners form Novaspace

Space consulting players, Euroconsult and SpaceTec Partners, are merging to create Novaspace, which will serve as a specialist in professional services dedicated to the space industry. Euroconsult has a 40-year legacy in consulting, market intelligence and executive summits; and SpaceTec Partners brings two decades of experience in management consulting, including strategy, innovation advisory and market […]

April 5, 2024

Skydance closing in on Paramount

Film studio Skydance is reportedly in advanced, exclusive negotiations to acquire Paramount in a deal valued around $26 billion – $27 billion. Skydance CEO David Ellison is said to have been meeting with Shari Redstone – whose family’s privately owned cinema group holds 77 per cent of Paramount’s voting stock – and has also met […]

April 4, 2024