Italian pay-TV operator Sky Italia has signed an agreement with Viacom International Media Networks for the acquisition of Nuova Società Televisiva Italiana, a company that operates the MTV Italia channel. Financial aspects of the transaction were not disclosed. The free-to-air TV channel is available on position 8 on the national DTT netork in Italy. The […]
Multinational cable and telecommunications company Altice, founded by telecoms entrepreneur Patrick Drahi, has acquired 1,298,398 shares in French cable telco Numericable-SFR for some €64.6 million. Altice’s March 2015 acquisition of Vivendi’s 20 per cent stake in the operator gave it a 70.4 per cent holding. The additional block represents some 0.3 per cent of Numericable-SFR’s […]
Further to Viacom International Media Networks’ (VIMN) deal with Sky Italia for the sale of its MTV Italia DTT channel to the pay-TV operator, it has extended its partnership with Sky, further enriching its offering of TV channels and multimedia content for Italian audiences. As part of a new multi-year arrangement with Sky Italia, Viacom […]
Australian entertainment streaming service Quickflix has requested that the Australian Securities Exchange (ASX) allow it to remain in a trading halt as it continues negotiations regarding a “potential corporate transaction with an international party which may result in an acquisition”. In its request to the ASX, Quickflix says is expected that the voluntary suspension will […]
NBCU poised to make investments in BuzzFeed and Vox, seeking to appeal to younger viewers who are abandoning traditional media, according to the NYT. NBCU, owned by Comcast, is reported to be close to investing $250 million in BuzzFeed, known for its trending quizzes and lists, with recent forays into news reporting. The deal would […]
Cable MSO Liberty Global has acquired 138.7 million shares in UK commercial broadcaster ITV plc, thereby increasing its existing stake to a total of 398.5 million shares in ITV or approximately 9.9 per cent of ITV’s ordinary shares outstanding. Liberty Global has at the same time nentered into a hedging transaction with respect to the […]
Civolution, the specialist provider of technology and solutions for identifying, managing and monetising content, has sold its TV Analytics and TV Synced Ads business Teletrax to data science company 4C, enabling company management and its R&D resources to focus entirely on content protection through its NexGuard forensic watermarking business The acquisition of the Teletrax business […]
Banijay Group and Zodiak Media have agreed terms to unite their complementary catalogues and production units. With combined revenues of around $1 billion, the merger creates one of the world’s biggest independent production and distribution companies and the largest not controlled by a media group. Stéphane Courbit is set to be named Chairman and Marco […]
According to a report from Futuresource Consulting, the recent €550 million acquisition by Technicolor of the Cisco set-top box and related home broadband equipment business, reflects a common trend in a shrinking, yet substantial, $20 billion global STB market place, claiming (at least) 13 per cent of the global STB market place and a combined […]
Italian media company Prima TV has expressed an interest in acquiring a stake in Italian channel producer Giglio Group, ahead of its listing on the Italian Stock Exchange. Giglio Group has been present in Italy for over 10 years with the channels Music Box, Yacht & Sail, Play.me, Acqua and, internationally, with the Nautical Channel […]