Multinational telco and media company Altice is to sell its Belgium and Luxembourg multiplay business, Coditel Brabant, to Telenet Group BVBA, a direct subsidiary of Telenet Group Holding for €400 million in cash. In addition, Altice Group will provide transitional services. The transaction will be subject to regulatory review by the Belgian authorities. After a […]
A+E Networks has committed to a major expansion of its footprint in South Korea via a partnership with entertainment media powerhouse, IHQ, in which it will acquire a strategic stake. In addition, A+E will purchase two local channels – FoodTV and TVIS – which, via a partnership with IHQ and its majority shareholder, D’Live, will […]
Italian broadcaster Mediaset has said that in light of French media group Vivendi’s conduct in respect of its acquisition of shares in the company and failed cooperation agreement, it has submitted a complaint to the Italian communications authority the Autorità per le Garanzie nelle Comunicazioni (AGCom) calling for urgent, even provisional, intervention the body. In […]
Nasdaq-registered China Digital TV has sold its Conditional Access division, Network Broadcasting platform and VoD business. An EGM has approved the sale to existing senior management. In a somewhat complex reverse takeover restructuring China Digital through the sale of all of the Company’s indirectly-held equity interests in Beijing Super TV Co., Ltd., (“Super TV”), which […]
Audience measurement specialist Nielsen is buying media and entertainment metadata provider Gracenote from the Tribune Media Company for around $560 million (€539.5m). Nielsen says the deal means it acquires the data and technology that underpins the programming guides and personalised user experience for major video, music, audio and sports content. The acquisition extends Nielsen’s footprint […]
Opera Software ASA has sold a controlling stake in Opera TV for to Moore Frères & Company, an investment run by former Viacom execs and focused exclusively on the tech, media, and telecom industries. Opera TV is an independent developer of cloud and embedded software for OTT deployment and major customers are companies such as Sony, Samsung, TiVo, Verizon, […]
Sony Pictures Entertainment has acquired 5 per cent of Milan-based VoD platform Chili for €3 million, according to a report by Italian news agency Adnkronos. Sony thus becomes the third US majors to become a shareholder of the Italian VoD platform after Warner Bros Pictures and Paramount/Viacom. After launching in Italy in 2012, the platform […]
Despite having earlier intimated that its intentions were limited to securing a 20 per cent stake in Italian broadcaster Mediaset, French media group Vivendi is ramping up its negotiating position relative to the disagreement between the two parties following a failed pay-TV cooperation. Vivendi has confirmed that its Management Board met has decided, with the […]
Some British politicians are calling for 21st Century Fox’s bid for Sky to be blocked – and not just delayed, but completely thrown out. Former Labour party leader Ed Milliband and senior Liberal Democrat figure Vince Cable (a former UK business minister in the Cameron government) are saying that little has changed since a 2012 […]
Energy group SE, the owner of Danish cable operator Stofa, has agreed to purchase the Danish Boxer TV arm from Sweden’s Teracom Group.. SE will acquire Boxer TV’s 280,000 customers, strengthening its position in the country’s pay-TV market. SE Group president Niels Duedahl said that the acquisition will make SE “even stronger” in the Danish […]