Italian broadcaster Mediaset is seeking an Italian court order for the seizure of 3.5 per cent of France’s Vivendi, in the latest chapter of the dispute between the two media groups. This comes after both Mediaset and its holding company Fininvest in August filed law suits for damages against Vivendi over allegedly failing to respect […]
Multinational cable, fibre, telecommunications, content and media company Altice has agreed to acquire an aggregate number of 23,072,805 SFR Group shares in private off-market transactions (representing 5.21 per cent of outstanding SFR Group shares). In consideration for these acquisitions, Altice will deliver to the sellers an aggregate number of 36,916,488 common shares A which it […]
MTG has entered into an agreement to acquire 35 per cent of InnoGames, a global online games developer and publisher, from Eight Roads Ventures and the Company’s founders. The transaction is based on an Enterprise Value of €260 million for 100 per cent of the company. MTG has an option to acquire a further 16 […]
Google has acquired FameBit – “a technology platform company that helps creators and brands find and work with each other through sponsorships and paid promotion”. Digital creators can set up profiles using FameBit’s software. Then, via a web-based marketplace, brands can search for potential matches among thousands of creators, based on various criteria such as […]
Vincent Bolloré’s investment company is increasing its stake in Vivendi SA to 20.4 per cent as the billionaire shows great confidence in the French media conglomerate trying to revive its TV business and expand in video games and telco operations. Bolloré Group is set to hold around 29 per cent of voting rights in Vivendi […]
Verizon Communications is pressing for a $1 billion discount off its pending $4.8 billion deal to buy Yahoo the New York Post reports.The Yahoo deal team is pushing back hard against negotiating the price down, the paper said. Last month Yahoo said at least 500 million of its accounts were hacked in 2014 and in […]
Twitter has told suitors it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on October 27th , according to Reuters. Twitter shares sank nine per cent after Google parent Alaphabet was reported by Recode to have ruled out a bid. Recode also says Apple is not in the […]
Netflix stock surged over 4 per cent on the Nasdaq last night as Wall Street speculation swirled about an imminent approach from either Apple or Disney with Disney being strongly tipped over the weekend. About 15 million shares changed hands, double the average. CNN’s media reporter Paul La Monica claimed there was a consensus emerging […]
An unconfirmed report (from the ‘Directors Talk/Betaville’ blog) says that troubled satellite operator Avanti Communications is “on the verge of securing an agreement for a sale”. The report says that 60 per cent of Avanti’s 2016 bondholders (notably MAST Capital and Solus Alternative Asset Mgt, which between them own 26 per cent of Avanti’s equity) […]
The head of one of Germany’s important regions, Bavaria, is suggesting that the nation’s two publicly-funded broadcasters, ARD and ZDF, should merge. The proposal comes from Horst Seehofer who is Minister-President of the Bavarian regional government, and also acting head of the German Federal Republic, and head of Germany’s CSU parliamentary party. As equity analysts […]