Talpa Holding has bought a 67% share in SBS broadcasting from Finnish publisher Sanoma. This gives Talpa full ownership of SBS stations SBS6, NET5, Veronica and SBS9 as well as a new Dutch multimedia company with investments in television, radio, print and online. Talpa is the vehicle for John de Mol, founder of Holland’s Endermol […]
EU Competition Authorities have reportedly given the greenlight for 21st Century Fox to acquire full control of Sky plc. The acquisition, agreed last December, has also been referred to Ofcom by Karen Bradley, the UK Secretary of State for Culture, Media and Sport. The regulator now has 40 working days to decide whether the bid […]
The Financial Times is reporting that there may be challenges ahead for the proposed takeover by 21st Century Fox of Sky’s European assets. The risks focus on the recent problems at 21stC’s Fox news division with a slew of problems, not least recent allegations of sexual impropriety at Fox News, which – says the newspaper […]
MGM is to acquire all of the interests in premium pay-TV network EPIX of fellow partners Viacom, Lionsgate and Paramount for approximately $1.032 billion (€0.970bn), based on a total value for the company of $1.275 billion (inclusive of $75 million of distributions to the partners). Viacom and Lionsgate currently own 49.76 per cent and 31.15 […]
Verizon Communications will introduce a new division called Oath this summer, around the time the telecommunications giant expects to close its deal to combine its AOL unit with Yahoo! internet assets. The new unit will oversee more than 20 brands reaching more than a billion consumers, AOL Chief Executive Officer Tim Armstrong said. He didn’t […]
Sky is to acquire social content producer Diagonal View, known for its popular online channels, including Alltime10s and The Football Daily, as well as creating innovative campaigns for some of the world’s leading brands. The acquisition will broaden Sky’s engagement with a younger, digital-first audience, while also enabling Sky Media to offer greater brand-safe digital […]
Arianespace has been restructured into a simplified ‘joint-stock’ company complete with a revision of the rocket launcher’s governance, operational and legal structure. The move comes some three months after Airbus-Safran Launchers invested into Arianespace, and as a result now controls 74 per cent of the its share structure. Stephane Israel, CEO of Arianespace SAS and CEO […]
Akamai Technologies has entered into an agreement to acquire SOASTA, a specialist in Digital Performance Management. The acquisition is intended to give Akamai customers greater visibility into the business impact of their website and application optimisation strategies. The all-cash transaction is expected to close early in the second quarter. “Akamai has long been associated with […]
Intertrust Technologies Corporation has acquired the assets of Kiora Media to expand the reach of its media distribution products. Founded in 2010, Kiora Media built a unique content distribution platform that allows service providers to reliably distribute media content in places with limited broadband infrastructure; this includes geographies with poor connectivity, on airplanes, trains, automobiles […]
Part of Ericsson’s restructuring may see it pull it out of media services, as a new streamlining strategy from CEO Börje Ekholm sees it refocus on three segments: networks, digital services and the Internet of Things (IoT). According to reports the company’s Managed Services arm will be shaken up to focus on automation, but its media and […]