Advanced Television

merger

Cinedigm closes acquisition of DMR

Cinedigm, a streaming technology and entertainment company, has closed the acquisition of Digital Media Rights (DMR), a specialty streaming, advertising, and content distribution company. The acquisition closed on March 28th with a purchase price of $16.4 million (€14.7m), payable in instalments. The company paid the first payment of $8 million in cash at closing, which […]

March 30, 2022

Discovery+, HBO Max will combine

With the WarnerMedia/Discovery merger set to close next month, Discovery has confirmed that HBO Max and Discovery+ will be combined into one streaming offering. Discovery CFO Gunnar Wiedenfels confirmed the news speaking at the Deutsche Bank 30th Annual Media, Internet & Telecom Conference. Wiedenfels said that combining HBO Max and Discovery Plus into a new […]

March 15, 2022

Ergen: “DISH, DirecTV will melt away without merger”

Charlie Ergen, speaking to analysts following his company’s results announcement, said that without a merger between DirecTV and his own DISH Network the risk is that transmissions from the tow pay-TV operators “will just melt away”. Ergen repeated his previous statements that a merger was inevitable. “The regulatory reasons to not allow [a merger] don’t […]

February 25, 2022By Chris Forrester

Standard General to acquire Tegna for $5.4bn

Tegna, the US broadcast, digital media and marketing services company headquartered in Virginia, and an affiliate of Standard General have entered into a definitive agreement under which Tegna will be acquired by the Standard General affiliate for $24 (€21.17) per share in cash. The transaction has an equity value of approximately $5.4 billion and an […]

February 22, 2022

Orange eyes MásMóvil merger

Orange Spain, Spain’s second largest network, is exploring a merger with MásMóvil, the fourth largest telco, according to local reports. Both companies would share 50 per cent of the new group, including MasMovil’s shareholders: buyout funds KKR, Cinven and Providence. The resulting company would approach Telefonica in szie, and leapfrog Vodafone, currently the third largest. […]

February 8, 2022From David Del Valle in Madrid

Vodafone explores merger

The CEO of Vodafone, Nick Read, said during a conference call with analysts that it is in active talks with other operators over possible consolidation moves in Spain, Italy, UK and Portugal. All options are open: a merger, a joint venture or a sale of the company. Speculation on a possible merger with MásMóvil are […]

February 3, 2022From David Del Valle in Madrid

Vodafone, Iliad to merge Italian units?

Reports suggest that telco Vodafone and French operator Iliad are in talks to combine their respective Italian businesses. Such a deal would create a business with a mobile market penetration of some 36 per cent and combined revenues of nearly €6 billion. According to Reuters, Iliad is working with investment bank Lazard on a potential […]

January 24, 2022

DISH, DirecTV renew merger talks

AT&T’s DirecTV and Charlie Ergen’s DISH Network have reportedly resumed talks regarding merging their DTH operations – and a deal could be close. The New York Post says it has learned that discussions are again taking place despite past anti-trust concerns that such discussions would never pass muster with the competition authorities. The Post says […]

January 12, 2022By Chris Forrester

DVEO merges with Stream Republic

DVEO has announced that it has merged with Stream Republic. DVEO says it is planning to run its operations and provide the same services but with the added support of OTT services provider Stream Republic “It is an exciting time for DVEO to be joining forces with Stream Republic. Stream Republic will bring the OTT […]

January 5, 2022

TRIAX, Ikusi Multimedia transition into one brand

Following the merger of Spanish company Klode Media, formerly Ikusi Multimedia, and Danish company TRIAX, the two companies become one organisation under one name and brand: TRIAX. The headquarters for the united organisation will be in Denmark with subsidiaries in 11 countries and partner presence in 60 more. Group CEO, Ken Cordes, commented: “Having one […]

January 4, 2022