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 […]
Wall Street has picked up on rumours that CBS boss Leslie Moonves has recently visited Japan and held talks with Sony bosses about bringing media production powerhouse Sony Pictures Television (SPTV) into his CBS media conglomerate. CBS is denying that a Sony-related visit took place. The rationale is that while an expected ‘merger’ between CBS […]
Liberty Media Corporation has received all required approvals from all appropriate anti-trust authorities in connection with its pending acquisition of Formula 1. Closing of the Acquisition remains conditioned upon (i) approval by Liberty Media’s stockholders of the issuance of LMCK shares in connection with the Acquisition at a special meeting scheduled for January 17, 2017 […]
Akamai has acquired Cyberfend, a specialist in bot and automation detection solutions for web and mobile environments, in an all cash transaction. “With the introduction of Bot Manager earlier this year, Akamai helped change the way online businesses deal with the bots and other automated agents that visit their sites,” explained Stuart Scholly, senior vice […]
MTG has completed the sale of its free-TV broadcasting and production businesses in Ghana and Nigeria to Econet Media Group for an undisclosed consideration. The previously announced sale of MTG’s free-TV broadcasting business in Tanzania to the same buyer is pending local regulatory approval and is expected to close in Q1 2017. The sales reflect […]
Less than a week after the pair confirmed that an offer had been made, Twenty-First Century Fox has reached an agreement with Sky plc on the terms of a recommended pre-conditional cash offer by 21st Century Fox for the fully diluted share capital of Sky which 21st Century Fox and its affiliates do not already […]
Vivendi has speedily built up a 20 per cent stake in Silvio Berlusconi’s Mediaset broadcasting empire. Berlusconi’s family are reported to be resisting the take-over move, and the Italian state says it is “on alert” to the French move. Equity analyst Sami Kassab at Investment bank Exane-BNP/Paribas, in a note to clients December 15, says […]
Liberty Media Corporation has entered into agreements with certain third party investors to commit $1.55 billion (€1.46bn) in subscriptions for newly issued shares of its Series C Liberty Media common stock (LMCK) at a price of $25.00 per share in connection with its acquisition of Formula 1. The third parties are Coatue Management, the D. […]
Barely two days after suggesting that such an outcome was likely, and a day after it confirmed that it had crossed the 5 per cent and 10 per cent thresholds of Italian broadcaster Mediaset’s share capital, media group Vivendi revealed December 14 that it had crossed the 15 per cent threshold and reached the 20 […]