Advanced Television

Goldman Sachs

Hulu buy out deadline moved up

Comcast and The Walt Disney Company are to bring forward the start date to decide the valuation of Hulu from January 2024 to the end of September 2023. Chairman and CEO Brian Roberts said Comcast will base the sale of its 33 per cent stake in the joint venture on a valuation of over $30 […]

September 7, 2023

Goldman Sachs invests $300m in Madhive

Madhive, an advertising software platform engineered for modern TV advertising, has signed a definitive agreement with the Private Equity business within Goldman Sachs for a $300 million (€277.9m) investment in the company. Goldman Sachs’ equity investment comes as Madhive’s connected TV (CTV) advertising software platform is playing a role in the TV industry’s expansion from […]

June 13, 2023

Market reacts to SES, Intelsat rumours

The potential link between the world’s two largest satellite operators, SES and Intelsat, is intriguing the market. The news – at this stage more rumour than hard fact – follows on from a slew of similar mergers/acquisitions in the sector including Viasat’s upcoming purchase of Inmarsat, Eutelsat’s merger with OneWeb, and plenty of smaller satellite-based […]

March 31, 2023

Exeest digitising TV and film marketplace

Entertainment technology startup Exeest has announced a $3.1 million seed round that will fuel the growth of the company’s global digital B2B marketplace for entertainment content. As the streaming wars go global and content pipelines need to be filled, Exeest offers the safest and easiest way for buyers and sellers to discover, access, screen and […]

March 3, 2022

DirecTV raising $3.1bn in junk bonds

DirecTV is raising $3.1 billion (€2.6bn) of so-called ‘junk bonds’ (Senior Secured Notes) to help in its split from AT&T, according to an announcement from AT&T. The offer is for a 6-year period and the bonds will be priced on July 22nd and will come from DirecTV Entertainment Holdings. The cash will be used to […]

July 20, 2021By Chris Forrester

Former SES boss wants $250m for space venture

Ed Horowitz ran SES’s Americom business from 2005-2008 and was an Executive VP at Viacom for 8 years (1989-1997) and SVP/Operations at HBO (1974-1989). In other words, he has plenty of media and satellite experience. He now wants to raise $250 million for his next venture which is very much space related. For the past […]

March 30, 2021

AT&T looks to sell DirecTV

AT&T has hired investment bank Goldman Sachs to advise it on a sale of its DTH pay-TV operation DirecTV. AT&T bought DirecTV back in 2015 and – including the operator’s borrowings – paid some $67 billion overall ($49 billion plus debts). But the AT&T purchase happened with the rise and rise of rival content bouquets […]

September 1, 2020By Chris Forrester