Amazon’s video game streaming service Twitch has bought gaming news and social media company Curse, giving Twitch access to 30-million visitors to Curse’s websites, video and social media channels and desktop app. Terms were not disclosed. “We’ve long been fans of Curse, which is an innovator in the games industry with a strong culture built […]
Australian broadcaster Seven has invested in UK production company Slim Film + Television – responsible for shows including include BBC2’s Legacy and Channel 4’s The Art of Foley. It was founded in 2011 by Simon Crawford Collins (Spooks, Ashes to Ashes, Hustle). Seven has previously invested in UK indie 7 Wonder. Simon Crawford Collins, Founder […]
Online news site Gawker Media has been sold to media firm Univision for $135 million (€119.7m) in a bankruptcy auction. The sale comes after Gawker filed for bankruptcy protection in June to avoid paying damages when it lost a $140 million invasion of privacy lawsuit brought by Hulk Hogan after the site published a sex […]
TPG Capital, the global private equity fund of leading alternative asset firm TPG, is to acquire two US regional broadband services providers, RCN Telecom Services, LLC (RCN) and Grande Communications Networks LLC (Grande), in separate transactions from ABRY Partners (ABRY) for $1.6 billion (€1.43bn) and $650 million, respectively. TPG will combine the assets to create […]
Pinewood Studios, the home of many international blockbuster films and movie classics, is to be acquired in a deal that values the company at £323.3 million (€383.7m). Further to the announcement on 28 July 2016, the boards of Bidco and Pinewood are pleased to announce that Bidco has satisfied its financing pre-condition and accordingly Bidco […]
Channel 4’s former head of specialist factual David Glover and Dragonfly’s joint MD Mark Raphael have established a new independent production company 72 Films, which is being backed by the BBC’s commercial and international arm, BBC Worldwide. BBC Worldwide has taken a 15 per cent shareholding in the indie and in return will receive global […]
The Walt Disney Company is acquiring a 33 per cent stake in BAMTech, a technology services and video streaming company previously formed by Major League Baseball (MLB). As part of the transaction, BAMTech was separated from MLB’s broader digital business, MLB Advanced Media (MLBAM). Under the terms of the transaction, Disney will pay $1 billion […]
Canada’s Entertainment One (eOne), the owner of children’s TV character Peppa Pig, has rejected a £1 billion takeover offer from ITV, saying it undervalued the London-listed TV and film production and distribution company. “The board of eOne has reviewed the proposal and has unanimously rejected it on the basis that it fundamentally undervalues the company […]
Charlie Ergen’s DISH Network has raised a net $2.73 billion (€2.46bn) in new Convertible Notes, with a 3.375 per cent rate due for repayment in 2026. Dish says the funds will be used for general purposes and “which may include wireless and spectrum-related strategic transactions”. The exercise had already been announced on August 2nd, but […]
SpeedCast International has bought Eutelsat-backed Malta-based WINS (Wideband Interactive Network via Satellite), which specialises in satellite communications for the maritime, aviation and energy industries. One of the WINS core offerings is satellite broadband connectivity to ferries and cruise ships in and around the Mediterranean, which is marketed as ‘GalaxSea’. Australia-based SpeedCast paid €60 million for […]