Italy’s Rai Way is making a joint binding offer with F2i for Italian digital terrestrial multiplex operator Persidera. The Persidera unit, which owns and manages five DTT multiplexes, is being sold by Telecom Italia (TI) as part of Vivendi’s plan to obtain EU antitrust approval for gaining control of TI. A report from investment bank […]
MTG has signed an agreement to sell its 95 per cent shareholding in Nova Broadcasting Group in Bulgaria to PPF Group, the investment company controlled by Petr Kellner. The transaction values 100 per cent of the business at an enterprise value of approximately SEK 1,830 million (€185m). The proceeds will be used to invest in […]
Unfortunately for me, I support a football team who often have the nil end of a score line and often, frankly, they play so badly they are lucky to get nil. If Sky and BT were in a pay-TV performance league there would be a lot of places between them: Sky headed for the Champions […]
French media company TF1 Group has reported a Q4 profit of €64 million, down from €67.8 million a year ago. Total Q4 revenue was €658.3 million, down from €636 million year on year. During its earning call, TF1 confirmed its ambition to deliver growth in revenue from activities other than advertising on its 5 unencrypted […]
A London High Court Judge has approved a legal challenge by global citizens movement Avaaz against Ofcom, calling to question the regulator’s decision that Fox and the Murdoch family could be trusted to fully control Sky. Honourable Mr Justice Morris ruled that Avaaz’s case against Ofcom’s ‘fit and proper’ ruling in the Fox/Sky bid is […]
China’s Orient Hontai will now control Spanish media company Mediapro after acquiring a 53.5 per cent stake in the company for around €900 million. The Chinese private equity firm has acquired the stake from the shareholders: Torreal, another private equity company with a share of 23 per cent; the Mexican broadcaster Televisa with 19 per […]
Programming distribution company DRG has taken an equity stake in Double Yellow Television, a TV production business with some of the UK’s highest rated shows within its portfolio including Ant and Dec’s Saturday Night Takeaway, The Royal Variety Performance, Parkinson and The BAFTA Awards. They also executive produced NBC’s number one series in the US, […]
Liberty Latin America, a telco with operations in Chile, Puerto Rico, the Caribbean and other parts of Latin America, has entered into a definitive agreement to acquire 80 per cent of Costa Rican cable operator Cabletica, which is part of Televisora de Costa Rica, in an all cash transaction. Cabletica is being valued at an […]
TDC said a consortium of pensions companies PFA, PKA, ATP, and Macquarie Infrastructure and Real Assets has made an offer of DKK 50.25 per share and it will recommend it to shareholders. The offer is subject to its merger with MTG’s Nordic Entertainment and Studio Business not going ahead. The offer will not be conditional […]
Marketing and media analytics consultancy Ebiquity has entered into an agreement for the disposal of its AdIntel business to Nielsen Media Research, a subsidiary of Nielsen Holdings, a global measurement and data analytics company. The consideration is £26 million, payable in cash on completion, and subject to adjustments for working capital. Michael Karg, CEO Ebiquity, […]