A number of potential suitors are eyeing US entertainment studio Lionsgate, according to reports originating in Deadline. Lionsgate is the producer of blockbuster franchises including The Hunger Games series as well as hit TV series including Mad Men and Orange is the New Black. Lionsgate purchased premium channel Starz in 2016 for $4.4 billion, a […]
MTG has signed an agreement to sell its 75 per cent shareholding in TRACE to TPG Growth. The transaction values 100 per cent of the business at an enterprise value of €40 million and closing is subject to regulatory approvals. TRACE is part of MTG’s International Entertainment operations. Jørgen Madsen Lindemann, MTG President & CEO […]
A media investment consortium, which already owns AB Groupe and Apocalypse documentary producer CC&C, is set to extend its TV drama production activities with the acquisition of three more French companies. The Mediawan group formed by producer Pierre-Antoine Catton, Iliad Telecom founder Xavier Niel and Lazard France head Matthieu Pigasse, intends to acquire 80 per […]
India’s Dish TV pay-TV broadcaster is in the middle of acquiring rival broadcaster Videotron d2h. However, various businesses in the Videocon Group are cash-strapped and subject to insolvency proceedings. The merged businesses would have some 29 million subscribers. Dish TV has already notified India’s various regulatory bodies and the Bombay Stock Exchange that the transaction […]
January 12th sees Sky close its share register as far as the 10 pence special dividend is concerned for shareholders trading in Sky shares. This means that today (January 11th) is when Sky’s shares go ‘ex-dividend’ as far as shareholder pay-out is concerned for this past year’s trading. This has prompted equity analysts at investment bank […]
Swedish multiplay telco Tele2 and multiplay broadband operator Com Hem have agreed to merge, creating a leading integrated connectivity provider. The Merger will be implemented by Tele2 absorbing Com Hem. The pair say the combination of two highly complementary businesses will create a leading integrated operator by combining an award-winning mobile network with the fastest […]
The RTL Group has acquired United Screens, the leading multi-platform network (MPN) in the Nordic countries. The investment sees the RTL Group expand its footprint as the leading European media company in online video. Since its foundation in late 2013, United Screens has shown excellent growth. Based on a hand-picked premium selection from many of […]
An analyst report suggests that tech giant Apple could be preparing a bid for SVoD giant Netflix. Analysts at Citi claim that there is a “40 per cent chance” that Apple could buy Netflix as a consequence of increased cash reserves following President Donald Trump’s corporate tax cuts. Apple would also get a huge cash […]
Concurrent has closed the previously-announced sale of its content delivery and storage business to Canada-based Vecima Networks for $29 million (€24m) in cash. Effective immediately, the Company has changed its name to “CCUR Holdings”. It will continue to trade on the NASDAQ market under the symbol “CCUR”.
Reports from Wall Street suggest that entertainment technology and audience insights specialist TiVo might be in play. Numerous reports say that private equity buyers are looking at TiVo and its valuable royalty assets. December 29th saw its share price rocket by 11.4 per cent to $14.05 (€11.67) although this price remains well down on its position […]