The UAE’s broadband and sat-phone operator Thuraya is up for sale. There’s even a prospective buyer lined up in the shape of satellite giant Inmarsat. The problem is the two are very wide from reaching an agreed sale price. While Thuraya has been on the sales forecourt for some time, the asking price – of […]
US cable group Liberty Global wants to distribute ITV’s most popular programmes across Europe, but sees the UK commercial broadcaster as too “pricey” to acquire outright, its chief financial officer has suggested in an interview with the FT. “ITV looks awfully pricey,” CFO Charlie Bracken commented. “We’re not going to invest billions of dollars in […]
France’s Altice has confirmed it is planning to sell Portuguese cable TV operator Cabovisão. Speaking to journalists in Paris, the co-founder of Altice, Armando Pereira, said that his company may sell Cabovisão, to ensure that Portugal’s Competition Authority gives the green light for the purchase of telecommunications operator PT Portugal. Altice group is planning to […]
Telstra is set to acquire Globecast Australia, a provider of media services for broadcasters in Australasia. The acquisition is subject to ACCC review prior to completion. Telstra Group Managing Director Global Sales, Martijn Blanken, said the acquisition would deliver on Global Enterprise and Services’ strategy of developing deeper capabilities in media services for our customers […]
Scripps Networks Interactive has agreed to pay €584 million for 100 per cent of shares in N-Vision which on completion, directly and indirectly through Polish Television Holdings, will hold approximately 52.7 per cent interest in Polish broadcaster TVN S.A. Scripps Networks Interactive will assume both the debt on level of Polish Television Holding and TVN of […]
Dailymotion, the online video portal owned by French telco Orange, is set to hold talks to sell a 49 per cent stake to Hong Kong-based telecom giant PCCW. PCCW has reportedly made an offer valuing the video site at about €250 million. The deal would bring in a long-desired foreign partner for the French company […]
DVR specialist TiVo has completed its purchase of the Aereo assets, such as they are, including Aereo’s trademarks and client lists. The purchase price was about $1 million. The deal has been approved by a New York Federal bankruptcy court which was handling the company’s closure. TiVo gets the trademarks and client list, while RPX […]
As widely anticipated, UK commercial broadcaster ITV has confirmed it is to acquire Talpa Media B.V., the entertainment show producer behind worldwide hit formats, including The Voice, The Voice Kids, Utopia, I Love My Country and Dating In The Dark for an initial cash consideration of approximately £355 million (€500m). ITV says the acquisition is […]
Mike Fries, CEO of Liberty Global, told delegates at Cable Congress that the US was just “embarrassing” on Net Neutrality. He said he had no idea what problem regulators thought they were trying to fix and that European authorities had a more sophisticated approach. “No one wants to block anyone, but we have to able […]
British multinational advertising and public relations company WPP has agreed to acquire a minority stake in Swedish over-the-top television service FlowNetwork. The company delivers its programmes via the Internet, which supplies Sweden’s regional newspapers with technology and content. Newspapers served by FlowNetwork include Norrköpings tidningar, Folkbladet, Motala Vadstena Tidning, Norrländska Socialdemokraten, Östgöta Correspondenten, Norrbottens-Kuriren, Västervik-Tidningen, […]