Advanced Television

M&A

Sky bid: Broadcasting grandee warns of Sky News closure risk

David Elstein, chairman of openDemocracy.net and a former head of programming at BSkyB, has written a powerful – and 5,000-word – analysis piece for openDemocracy and examining the possible outcome of the Fox bid for Sky, and paying particular attention to the prospects for Sky News. The UK’s Culture Secretary, Karen Bradley has set this […]

July 12, 2017

CME divests Croatia, Slovenia operations for €230m

Media and entertainment company Central European Media Enterprises Ltd. (CME) has agreed to sell its leading broadcast operations in Croatia (Nova TV) and in Slovenia (POP TV) to Slovenia Broadband S.à r.l., a subsidiary of United Group B.V, subject to certain closing conditions, including regulatory approvals. The transaction – which CME says will assist in […]

July 10, 2017By Colin Mann

Arqiva attracts more suitors

Last week it was a Canadian pension fund and a Holiday Camp business that looked like the front runners to wrap a purchase of British television and cellular transmission company Arqiva. Now the waters are definitely muddied with talk that there’s another batch of would-be buyers now interested in Arqiva. Initial bids must be entered […]

July 10, 2017By Chris Forrester

Liberty Interactive acquires HSN

John Malone-owned digital commerce business investor Liberty Interactive is to acquire the 62 per cent of  interactive multichannel retailer HSNi it does not already own in an all-stock transaction. “We are excited to announce the acquisition of HSNi. The addition of HSN will enhance QVC’s position as the leading global video eCommerce retailer. Every year […]

July 7, 2017

Australia: Watchdog consults on Ten bid

The Australian Competition and Consumer Commission (ACCC) is seeking views on the potential joint bid for Ten Network by bodies controlled by Lachlan Murdoch and Bruce Gordon, in particular, how it might affect competition in Australian media and advertising, as well as any effects on what TV programming. In an issues letter released on July […]

July 7, 2017

Axel Springer eyes Sport1

German media giant Axel Springer is in exclusive talks to buy TV channel Sport1 from Constantin Media according to reports. Axel Springer is bidding in excess of €80 million for the sport platform, which consists of TV, radio, mobile and Internet offerings. Sky is said to have dropped out of the running.

July 6, 2017

Encompass expands into Eastern Europe

Encompass Digital Media, a global technology services company delivering end-to-end video solutions, is expanding its operations into Eastern Europe with the acquisition of MTG’s facility in Riga, Latvia. Encompass will provide managed services including media management, playout, VoD, OTT and downlink for all existing channels. “We are very excited to be expanding our footprint into […]

July 6, 2017

Canada’s PSP leads charge to buy Arqiva

Canada’s PSP Investments, with around C$136 billion (€92bn) of assets under management, is reportedly leading a handful of potential buyers for the UK’s Arqiva, which holds a near monopoly on broadcast and transmissions for British terrestrial TV companies. Arqiva is also a major player in the supply of connectivity for many of the UK’s cellular […]

July 3, 2017By Chris Forrester

Fox Sky bid set for further competition scrutiny

Karen Bradley, the UK Secretary of State for Culture, Media and Sport, has said she is minded to refer the bid by Fox to acquire the remaining shares in Sky that it does not already own to the Competition and Markets Authority (CMA), but will take representations until July 14th before making her final decision. […]

June 29, 2017By Colin Mann

Sky, Fox… no big deal

The UK Culture Secretary Karen Bradley has made her pronouncement on the Fox bid for Sky. It didn’t include the words grass, or long, or kick. But that was what it meant. The May government (otherwise known as ‘Maybe it’s a government, Maybe it isn’t’) has enough problems right now without dealing with this particularly […]

June 29, 2017