Exane-BNP/Paribas suggests Qatar’s sovereign fund is looking to reduce exposure and that Vivendi could be a potential buyer/partner of its sports rights and marketing operation beIN Sports. The bank’s rationale is that Qatar’s fund, which last week decided to curb its US news losses by shutting down its Al Jazeera America unit, might be looking […]
The Stop Mega Cable Coalition has been launched with the goal of raising awareness about what it suggests are “the substantial harms” that Charter Communication’s proposed acquisition of Time Warner Cable and Bright House Networks could cause for the cable TV and broadband markets. Chief among those concerns is the fact that the merger would […]
IBM has acquired Ustream, a provider of cloud-based live video streaming services. The move will extend the IBM Cloud platform to help enterprise clients unlock the value of video, a rapidly-evolving digital media and data asset. Financial terms were not disclosed. Ustream provides cloud-based video streaming to enterprises and broadcasters for everything from corporate keynotes […]
SAM has revealed it is acquiring Mantrics, the Italian workflow and asset management specialists. Mantrics is a privately-held joint venture, established in 2008 by Digital Video and Video Progetti. SAM has already developed a powerful position in the MAM and workflow management arena with Momentum, launched in 2014. The core technology behind Momentum was originally […]
Spain’s Telefonica is reportedly interested in buying AT&T’s pay-TV assets in Latin America, with an enterprise value of over €9 billion, in an attempt to strengthen its presence in the continent. AT&T bought the Latin America assets as part of its acquisition of DirecTV last year. The business includes satellite and cable television services in […]
Ericsson has announced its intention to acquire FYI Television, the entertainment metadata and rich media content supplier based in Grand Prairie, Texas. Ericsson says the acquisition will strengthen Ericsson’s already industry-leading position in broadcast and media services. FYI Television accumulates and distributes TV entertainment content and linear scheduling data from over 9,000 TV networks daily, […]
Love him or hate him – and, like most, I have a chronically schizophrenic attitude – you have to hand it to Keith Rupert Murdoch. If at first you don’t succeed, try, try again: 84 years-old, three marriages down, let’s just give it one more (bets anyone?) go. Ripper. I for one don’t want to […]
Dominant telco BT has welcomed the UK’s Competition and Markets Authority’s (CMA) decision to approve its acquisition of triple-play operator EE, unconditionally without remedies. The CMA’s decision paves the way for BT to complete the acquisition of EE in the coming weeks and to incorporate the business into the wider BT Group in the months […]
The decision to axe the Al Jazeera America will cause significant losses at the channel, expensively launched on the back of the $500 million purchase of Current TV – a purchase that is still subject to an ongoing series of lawsuits between former vice-president Al Gore and his partners, and Al Jazeera itself. Al Jazeera […]
In a move that it describes as “transformational” and which significantly enhances its content portfolio, Canadian integrated media and content company Corus Entertainment is to acquire Shaw Media, the television broadcasting division of Shaw Communications from the telco in a C$2.65 billion (€1.70bn) cash and stock deal. The transaction will give Corus ownership of all […]