Stéphane Richard, CEO of French telco giant Orange, speaking at an event in Morocco, said that if Canal Plus was up for sale – which it isn’t – he would consider making a bid. “If Canal Plus were up for sale tomorrow, Orange would definitely look into it. Obviously,” Richard told reporters on the fringes […]
French media conglomerate Vivendi confirmed December 7th that it now held 25.15 per cent of games developer Ubisoft (and 22.92 per cent of Voting Rights). Vivendi, in its declaration filed December 7th with the Autorité des Marchés financiers, the French securities regulator, and published by the AMF on its website, has specified its objectives over […]
According to equity analysts at investment bank Exane-BNP/Paribas, the French media conglomerate Vivendi is busy buying up ordinary shares in Telecom Italia (TI). The bank says that since November 23rd Vivendi has nought 118 million shares in the Italian telco. This takes Vivendi’s stake in TI up from 23.15 per cent to 24.19 per cent. […]
Following Sky’s example, having invested €4 million in French OTT platform Molotov last September, French TV transmission services company TDF has taken a minority stake in the freemium and pay TV channel distributor. TDF, which has been a key player into the development of the French DTT channels, has struck a strategic deal with Molotov […]
Chinese telecommunications company Beijing Xinwei Technology Group is to buy Israeli satellite communications company, Spacecom, for $190 million (€177m), according to Israeli press reports, unconfirmed by the company. A Statement from the company issued to advanced-television.com said: “Spacecom wishes to inform the public that merger talks with Luxembourg Space Telecommunication S.A., a Luxembourg company and […]
Music streaming service Pandora Internet Radio is on the verge of being bought by US pay-radio operator SiriusXM. A CNBC report notes that Pandora’s share price rose last week almost 16 per cent on the news of the probable sale, and adding that Pandora’s directors were happy to have discussions with SiriusXM. SiriusXM’s chairman Greg […]
Rupert Murdoch’s News Corp has taken full control of the Australian and New Zealand versions of the Sky News 24/7 news broadcaster. News Corp has reportedly paid between A$20-25 million for the shares in the business that he did not already own via BSkyB. The other stakes were held by channels Seven Network and Shertip/Nine […]
The TF1 group has announced the acquisition of a majority interest in the capital of MinuteBuzz, French millennials’ favourite social platform with 9 million subscribers and 2 billion videos viewed in 2016 to date.. This deal will unlock editorial and commercial synergies between TF1 group entities and MinuteBuzz. The challenge is to address the demand […]
A week ago Essel Group-backed Indian DTH broadcaster Dish TV agreed a merger plan with rival Videocon d2h. Now it has emerged that Dish will buy an additional 5 per cent of Videocon from the high-profile Dhoot family. The extra bundle of shares takes Essel to a 41 per cent ownership (from 36 per cent) […]
Operative Media, a global player in digital advertising business management solutions for major media companies, has revealed that the company will be acquired by SintecMedia, a portfolio company of Francisco Partners. The combined company brings together TV and digital ad management for media companies and publishers worldwide. Operative’s management team, including Lorne Brown, the company’s […]