Over two years after suggestions were first raised that it was first suggested it was interested in such a move, and following heightened speculation in recent days, Liberty Media Corporation and CVC Capital Partners have confirmed that Liberty Media is to acquire Formula One from a consortium of sellers led by CVC. The deal, involving cash […]
Rovi has closed its $1.1 billion acquisition of TiVo, and the new company will become TiVo. Tom Carson, president and CEO of the newly combined business, said the deal “passed with flying colors” during shareholder meetings and said company will now move forward to act on assumptions that went into the integration planning phase. “The […]
From 360-degree movie trailers to the emergence of 4K TV services from Web and telecom players, global analyst firm CCS Insight, has revealed its expectations for the TV industry and the main highlights ahead of this year’s IBC event in Amsterdam. According to Paolo Pescatore, director of multiplay and media at CCS Insight, given the […]
The weekend’s Italian Formula One Grand Prix saw heightened speculation that Liberty Media’s planned acquisition of the sport was a ‘done deal’, with an announcement expected as early as Tuesday September 6. Senior sources close to the deal suggest that all terms have been agreed and all that remains is the formality of signing. The […]
In addition to announcing its plans to overhaul its organisational structure, multinational cable, fibre, telecommunications, content and media company Altice is to simplify the Group’s ownership structure and enhance its organisational flexibility through an exchange offer for the outstanding 22.25 per cent of shares in telco subsidiary SFR Group not currently owned by Altice. Altice […]
Multinational cable, fibre, telecommunications, content and media company Altice has revealed its intention to strengthen further its industrial and operational strategy following its transformation into a leading transatlantic communications and media group with the closing of the acquisition of Cablevision. Altice plans to make its core strategic, operational and technical capabilities available to its subsidiaries […]
Telestream, a leading provider of digital media tools and workflow solutions, announced the acquisition of UK-based Quality Control (QC) technology specialist, Vidcheck. Established in 2009, Vidcheck is recognized as a leading developer in automated QC solutions within file-based production workflows. Its system solutions are used by broadcasters, facilities and content owners worldwide, such as ITV, […]
The Swedish State has approved Com Hem’s SEK 1,330 million (€144m) acquisition of pay-TV operator Boxer TV-Access AB, a wholly-owned subsidiary of Teracom Boxer Group AB. Com Hem now awaits the Swedish Competition Authority’s approval before the acquisition can be completed. Boxer is a pay-TV operator in the DTT network in Sweden with approximately 500,000 […]
Israel-based satellite operator Spacecom is likely to be bought by China’s Xinwei Group for $285 million. But the deal is dependent on SpaceX launching Spacecom’s latest satellite into orbit on Saturday morning, September 3rd. The lift-off is scheduled for 3am (Florida time) when a two-hour window opens for the launch of Amos-6, a much-needed satellite […]
Sony Pictures Networks India (SPN) has revealed that SPN and its affiliates have entered into definitive agreements to acquire TEN Sports Network from Zee Entertainment Enterprises Limited (ZEE) and its subsidiaries for $385 million (€345.4m). Completion of the acquisition is subject to regulatory approval. The acquisition will add South Asia’s leading sports network to SPN’s […]