In a move that sees it focus the business as pure-play sell side software platform, video monetisation software company Tremor Video has agreed to sell its buyer platform to Taptica International, a global mobile advertising technology platform, for total consideration of $50 million, subject to adjustments set forth in the acquisition agreement. Transaction Highlights Tremor […]
According to media news outlet Deadline Hollywood, AT&T is considering selling of some assets after its $85 billion merger with Time Warner closes. One of the possibilities is the disposal of CNN, which Deadline says is under consideration for a sale, with US ‘big three’ network CBS being a potential buyer, although gossip suggests that […]
Sky News is reporting that UK communications giant Arqiva has appointed four investment banks to advise it on either a London stock market listing, or a complete sale. Sky says the banks are Barclays, Goldman Sachs, HSBC and JP Morgan. The news confirms numerous market rumours these past months that the company’s current owners (a […]
A couple of months ago, Japanese media conglomerate SoftBank was attempting to engineer a merger between Intelsat and would-be satellite operator OneWeb. Intelsat’s debt-burden stymied that deal. Now SoftBank is reported to be behind a merger between US cellular telco Sprint, and Charlie Ergen’s DTH operation DISH Network. Shares in Sprint jumped 10.3 per cent […]
The Spanish Government wants to keep the country’s DTT licences in the hands of Spanish companies. Consequently, the Administration has blocked the entry of Viacom, owner of The Paramount Channel, into the DTT business as a shareholder by banning the sale of a 25 per cent stake in a DTT licence from Vocento to the […]
NEP Group, a global provider of outsourced broadcast and live event production solutions, has acquired Bexel Global Broadcast Solutions, a subsidiary of Vitec Group. Headquartered in Pittsburgh with offices in 21 countries, NEP says its addition of Bexel strengthens its position as the worldwide broadcast services leader, and expands its ability to provide a comprehensive, […]
Sony Pictures Television Networks has reached an agreement to acquire a substantial majority stake in Japanese anime distributor Funimation, subject to regulatory approvals and certain other closing conditions, valuing the company at approximately $150 million. Gen Fukunaga, CEO of Funimation, will retain a minority stake in the business and remain CEO. With a catalogue that […]
Suggesting that the combination will accelerate growth across linear, digital and short-form platforms around the world and create a global leader in real life entertainment, Discovery Communications and Scripps Networks Interactive, have signed a definitive agreement for Discovery to acquire Scripps in a cash-and-stock transaction valued at $14.6 billion (€12.44bn) or $90 per share, based on Discovery’s July 21st closing price. The purchase price […]
The proposed merger between two of India’s DTH pay-TV giants, Dish TV and Videocon d2h is close to being concluded. India’s National Company Law Tribunal has given the plan its approval. The next stages are for the two companies concerned to seek the approval of India’s Ministry of Broadcasting, which while not being a foregone […]
Viacom is reported to have dropped out of talks to buy Scripps Networks Interactive. Industry trade magazine Variety, for example, is reporting that the decision – although not confirmed by any of the parties – leaves the road clear for Discovery Communications to pursue a deal with Scripps. The current picture is that Discovery and […]