Sonic Solutions has completed the acquisition of DivX. The addition of DivX brings widely deployed digital media technologies, an embedded CE footprint of over 300 million devices, a strong consumer brand, and a global market presence to Sonic’s expanding position as a supplier of services and technologies for the distribution of video content over the […]
Univision, the leading Spanish-language television network in the United States, will retain the rights to popular telenovelas produced by the Mexican Grupo Televisa for another 15 years. Televisa will invest $1.2 billion in Univision in exchange for a minimum five percent stake in the company and a new content licensing agreement for the telenovelas and […]
GlobeCast has expanded its facilities in Asia with the addition of a new multi-channel HD playout facility, as well as new staff for post-production and playout services. Thanks to this expansion, new post-production and creative services will also be available from GlobeCast’s Parkview Square facilities. These facilities will expand to house the increased range of […]
Entertainment brands creator and producer FremantleMedia has taken a 60 per cent share in @radical.media, a global transmedia business that creates advertising and branded entertainment content. The deal represents FremantleMedia’s first large scale move into the branded entertainment market, allowing the company to further diversify its revenue sources and to develop new business models. @radical.media’s […]
Phorm, the behaviourally targeted online advertising firm, has posted a loss before tax of $15.6 million in the six months to the end of June – and continues to burn through its cash reserves at $1.8 million a month. The company, which has refocused its strategy to Latin America, failed to report any revenue for […]
Concurrent, a specialist in video and media data and advertising solutions, is accelerating its multi-screen video delivery and monetisation strategy through the acquisition of key technology assets from TellyTopia. TellyTopia’s patent-pending, cloud-based, online video platform becomes part of Concurrent’s multi-screen portfolio and further extends the company’s leadership in multi-screen video delivery, advertising and media data […]
Hot on the heels of its acquisition of NXVision, broadcast television technology and services provider Motive Television has announced the proposed acquisition of approximately 67.7 per cent of Barcelona company Adecq Digital, developer of the Bestv technology for digital terrestrial television. Motive is proposing to raise approximately £4.75 million through a Subscription for £4,750,000 nominal […]
The UK government has not yet decided whether to refer for review the proposed takeover of pay-TV group BSkyB by Rupert Murdoch’s News Corp, it said, responding to a report a review was likely. The BBC said Business Secretary Vince Cable was likely to ask the media regulator Ofcom to look at the impact of […]
Broadcast television technology and services provider Motive Television is to acquire the assets of NXVision from the liquidator for a total consideration of £10,000 (€12,000) in cash. NXVision has developed proprietary software that allows any Internet-connected device or mobile phone to obtain and display anything available on a home set-top box (STB) or Internet connected […]
Canadian telco BCE Inc. (Bell) has confirmed plans to acquire 100 per cent of CTV, the Canadian leader in speciality television, digital media, conventional TV and radio broadcasting. Bell says the transaction gives it full ownership of Canada’s best media assets to enhance the growth of Bell’s TV, wireless and online services for years to […]