Prague-based PPF Group has acquired a 9.1% stake in German broadcaster ProSiebenSat.1 Media. The international investment group, that’s also the parent company of CME, said: “PPF is looking forward to liaising with the management and supervisory board of ProSieben in this digitalisation process. PPF is an active investor in the telecommunications, media, and technology (TMT) […]

The total mergers and acquisitions (M&A) value in the global technology, media, and telecom (TMT) sector during 2022 saw a year-on-year (YoY) nosedive by 33 per cent from $1.26 trillion in 2021 to $841 billion in 2022, according to data and analytics company GlobalData. An analysis by the company reveals that ‘cloud’ and ‘internet advertising’ […]

Accedo, the video experience specialist, has acquired the assets of eyecandylab, a provider of extended reality (XR) solutions. eyecandylab’s products and solutions help customers leverage the potential of new innovative use cases for XR. Michael Lantz, CEO, Accedo, commented: “We are thrilled to be joining forces with eyecandylab. Our strategic roadmap and vision of the […]

Ahead of the European Commission’s closed-door hearing on the Microsoft-Activision merger in Brussels, Communications Workers of America (CWA) President Chris Shelton has sent a letter to Margrethe Vestager, Executive Vice President of the European Commission, urging her to consider seriously the positive impact the merger could have on the video game labour market, as workers […]

It takes someone with the self-confidence born of being born into one of the founding families of second-generation television to call out that the third-generation simply isn’t working. James Dolan is the chair of AMC Networks, the content spin-off of Cablevision, one of the founding father companies of the US, then global, cable and pay-TV […]

The consolidation of the European telecom companies has been a topic of discussion for many years, and while there are potential benefits to such consolidation, there are also several significant challenges that must be overcome, according to data and analytics company GlobalData. “Investors, carrier management, and the EU have identified Europe’s relative weakness when competing […]

French public service broadcasters France Télévisions, M6 and TF1 have decided to close the Salto streaming service. After a number of delays, finally launching in October 2020, Salto currently claims some one million subscribers, who have signed up for an offer that “combines the best of French drama with iconic daily shows and exclusive all-new […]

Direct-to-consumer sports streaming company DAZN has completed its acquisition of Eleven Group businesses and US-headquartered social media creative agency Team Whistle. The company says the acquisition further demonstrates its ambition to become the ultimate global sports destination for fans by combining access to premium rights with a range of other products and services, including gaming, […]

Liberty Global has acquired 1.335 billion shares in Vodafone Group PLC, representing 4.92 per cent of the outstanding share capital (excluding treasury shares). The transaction was principally funded through an attractive non-recourse financing, requiring equity funding from Liberty Global of approximately £225 million (€254m). “We believe, like many others, that Vodafone’s current share price does […]

Viasat’s $7.3 billion attempt to acquire London-based Inmarsat has hit a potential problem following an “in-depth” investigation by the a European Commission (EC), which says it is “concerned that the transaction may allow Viasat to reduce competition in the market for the supply of broadband in-flight connectivity (IFC) services to commercial airlines”. The Viasat/Inmarsat deal, […]