Broadcasting giant Comcast is spinning off almost all of its cable channels into a new company, including MSNBC, seen by many as a liberal news channel. The others in the bundle include CNBC, USA Network, Oxygen, E!, SYFY and the Golf Channel. It seems Elon Musk, now with a foot in the door of the […]

Brightcove, the streaming technology company, has entered into a definitive agreement to be acquired by Bending Spoons, a provider of digital technology products, in an all-cash transaction valued at approximately $233 million (€222m). Under the terms of the agreement, Brightcove shareholders will receive $4.45 per share in cash for each share of Brightcove common stock that […]

A number of suitors have been studying the merits of a takeover bid for ITV, the UK’s dominant terrestrial commercial broadcaster, after a prolonged period of share price weakness and renewed questions about its long-term strategic outlook. Sky News reports that, in recent weeks, an array of “possible bidders” have held early-stage discussions about teaming […]

The planned merger between two US pay-TV satellite broadcasters is definitely off – at least for the moment. A deadline set by DirecTV passed without fresh discussions or progress happening. The blame for the decision falls on Charlie Ergen’s Dish/EchoStar and its bond (debt) holders. Under the complex merger deal, which would have created the […]

Proximus Group has signed a binding agreement with InfraRed Capital Partners to sell 100 per cent of the shares of Proximus Luxembourg Infrastructure (PLI) for a total consideration of €108 million (including cash on the balance sheet) to InfraRed’s European Infrastructure Income Fund 4 (EIIF4). PLI is the first independent TowerCo entity in Luxembourg and […]

Two leaders in addressable ads are getting together as Mediaocean acquires Innovid. Mediaocean will pay $3.15 per share making an enterprise value of $500 million (€474.9m). The acquisition is expected to close in early 2025. Together, the combined organisation will provide an array of solutions including ad delivery, creative personalisation, measurement and optimisation across channels, […]

Bharti Enterprises has completed acquisition of a 24.5 per cent stake in UK’s BT Group from Patrick Drahi. The stake was sold via Altice UK in two parts, the second of which is now completed. Drahi is under pressure to sell off assets as his Altice Group grapples with €60 billion debt and the fallout […]

Ancora Holdings Group, a significant shareholder of Harmonic, has released a presentation detailing what it believes is an opportunity for significant near-term value creation: The Unrealized Value Creation Opportunity at Harmonic. Ancora said it plans to engage in a “constructive and open dialogue” with Harmonic to gauge the Board of Directors’ willingness to evaluate the […]

Broadband connectivity company and cable operator Charter Communications and Liberty Broadband Corporation have entered into a definitive agreement under which Charter has agreed to acquire Liberty Broadband in an all-stock transaction. Under the terms of the transaction, holders of each class of Liberty Broadband stock will receive 0.236 of a share of Charter common stock […]

Following the announcement of the acquisition of Vodafone Italia on March 15th, Swisscom notified the transaction to the Italian Authority for Communications (AGCOM) on September 17th. On November 6th, AGCOM cleared the transaction unconditionally. Overall, completion of the Vodafone Italia transaction is on track. Swisscom secured the financing for the purchase price of €8 billion […]