Disney’s ABC is extricating itself from the partnership with Univision Communications on Fusion, which they launched in late 2013. Effective immediately, Univision takes over ABC’s role in distribution and sales and has sole editorial control. Univision is forming the Fusion Media Group, which includes Fusion, El Rey, The Root, The Onion, A.V. Club, Clickhole, StarWipe, […]
Novra Technologies and International Datacasting Corporation (IDC) have announced that their Board of Directors have approved a merger agreement for IDC to merge with Novra. Under the terms of the Merger Agreement, Novra will acquire 100 per cent of the issued and outstanding common shares of IDC for total purchase consideration of approximately $1.9 million. “The […]
The UK government is to order BBC to sell its 50 per cent stake in cable and satellite programmer UKTV, according to the Sunday Times, which usually has impeccable links with government “sources”. It is understood that John Whittingdale, the Culture, Media and Sport Secretary, will make provision for such a sale in a White […]
The initial enthusiasm over the planned Vivendi acquisition of Mediaset’s Premium pay-TV services has cooled a little, at least as far as equity analysts at Deutsche Bank (DB) are concerned. While admitting that their examination makes a “finely balanced” case, the bank is still not upgrading its advice to clients to ‘BUY’ from ‘HOLD’ for […]
UK’s ITV is considering a bid for Canada’s Entertainment One. Preliminary talks have taken place with the Peppa Pig producer about a potential deal, according to the FT. Shares in the Canadian company opened up 6.8 per cent on April 14th, while ITV shares were flat. Entertainment One became a takeover target when it was […]
The E.W. Scripps Company has acquired multi-platform satire brand Cracked, which informs and entertains millennial audiences through a high-traffic website, mobile apps, original digital video, social media and a popular podcast. Cracked is an advertising-supported business with the scale to deliver impact for brands seeking to reach millennial consumers. Scripps and Cracked’s current owner, Demand […]
The UK publisher of the Daily Mail newspaper is in talks regarding a bid for the struggling US Internet company Yahoo. A spokesman has confirmed discussions are happening, but are “at a very early stage”. The WSJ reports that the Daily Mail and General Trust (DMGT) was discussing an offer with private equity firms. Yahoo […]
Following weeks of speculation, and heightened rumours that a deal was imminent, Vivendi has confirmed that it has entered into what is described as an important binding strategic and industrial agreement with Italian broadcaster Mediaset. The two companies have agreed to develop an industrial partnership at international level to, on one hand, jointly develop various […]
Canal+ Group, through its subsidiary THEMA, is to acquire Alterna’TV, a Miami-based content distribution company from Eutelsat Americas. Alterna’TV is a content distribution platform that provides principally Latin American channels to cable and Internet TV operators in the United States. It currently reaches over ten million subscribers across the Americas. The transaction includes a long-term […]
Various press reports suggest that Hutchison is close to signing a £3 billion capacity agreement as part of its plan to buy the O2 cellular network from Telefonica. The reports say that Sky will pay around £2 billion for 20 per cent of the capacity, and Virgin Media will pay to acquire a 10 percent […]