Satellite operator Asia Broadcast Satellite (ABS) which has been up for sale since – at least – July of 2016, remains on the sales forecourt although there are reports that final bidders are lining up. However, a rumoured potential sale by its owners, private equity company Permira, to Shenzen-based China Communication Technology (CCT), and initially […]
Viacom International Media Networks,the entertainment conglomerate, has taken a minority stake in Israeli channels provider Ananey Communications Group. The deal sees the two companies build on their current relationship: Ananey already licenses Viacom brands such as Nickelodeon, Comedy Central and MTV in Israel. Financial details were not disclosed. “This deal will deepen our partnership with […]
German commercial broadcaster ProSiebenSat.1 Group is continuing to internationalise its online video business and is building up a strategic partnership with its European media partners TF1 Group (France) and Mediaset (Italy) in the field of multi-channel networks (MCN). Both media corporations are investing in ProSiebenSat.1’s premium MCN – Studio71 – by way of a capital […]
Three well-established – and award-winning – Virtual Reality content providers have merged. Virtual Content Group (VCG), a conglomerate of international VR companies, formed recently from the merger of France’s Cow Prod, Germany’s INVR.SPACE and Australia’s 3D Content Hub, has announced its launch and winning of two Lumière awards from The VR Society. Utilising the forming […]
French media software solutions company NETIA ha announced that its sole shareholder Globecast (part of the Orange group) has sold all its shares in the company to two French media entrepreneurs, Anthony Savelli and Vincent Benveniste. The acquisition was made via Radio Act SAS, their consulting and services agency. Both businessmen exceed 25 years of […]
Back in 2014 Google’s parent company, Alphabet, bought Skybox Imaging for a reported $500 million (€473.5m). It renamed the enterprise Terra Bella. Bloomberg is reporting that the business is now up for sale. Terra Bella, based in Mountain View, California, specialises in extremely high-resolution Earth observation images. Founded in 2009, the business uses 1080p satellite […]
Disney CFO Christine McCarthy has seemingly cooled speculation that Disney would pursue an acquisition of Netflix or Twitter. Speaking at the Citi Internet, Media and Telecommunications Conference, McCarthy called Pixar, Marvel and Lucasfilm the “tentpoles” of Disney’s M&A strategy in response to a question about whether investors could expect a “transformative” acquisition from Disney in […]
Mexico’s giant multimedia broadcaster Televisa will increase its stake in Univision. Univision is the main Spanish-language network broadcaster in the US. Normally, the FCC regulator limits the stake that can be held by any foreign broadcaster in a US network to 25 per cent. Televisa had asked the FCC to be permitted to increase its […]
Satellite Solutions Worldwide Group (SSW), the global communications company specialising in rural and last mile broadband, has agreed a new commercial contract with one of its key suppliers of satellite capacity, SES Techcom Services. The contract means improved commercial terms on existing business, plus new satellite broadband capacity to support SSW’s strong ongoing sales in […]
French newspaper Les Echos is reporting that French broadcaster AB Groupe is up for sale. The report says that executives of AB Groupe are already in talks with potential buyers. AB Groupe was originally a music production company formed by Jean-Luc Azoulay and Claude Berda (hence the ‘A-B’) but since 1987 has launched a wide […]