PC Dreamscape, a portfolio company of the private equity firm GTCR, has entered into an agreement to acquire Mediaocean’s media planning tool, Lumina. Lumina helps improve media plan workflow and visibility between brands and agencies through an end-to-end system. Financial details of the transaction were not disclosed. In tandem with this, and following the […]
Charlie Ergen, the founder and billionaire owner of US pay-TV broadcaster Dish Network, has talked for a couple of years about the “inevitability” of merging with arch-rival DirecTV. Both are losing subscribers at a worrying rate, and common sense suggests that a merger is the only route to saving cash, exploiting synergies and reducing the […]
Channel 4 Ventures has announced it will pay A$6.5 million (£3.5m) for a 20 per cent stake in Airtasker UK, the UK subsidiary of the online and mobile marketplace. Airtasker says the investment will enable it to accelerate its UK marketplace growth through access to Channel 4’s free streaming service (with over 1.2 billion views […]
Liberty Global has announced the publication of the prospectus related to the voluntary and conditional public takeover bid by its indirect wholly-owned subsidiary, Liberty Global Belgium, for all the shares of Telenet that Liberty Global Belgium does not already own or that are not held by Telenet. In conjunction with the prospectus, the Board of […]
Wyplay, the TV professional services and video platform solutions provider, has announced the acquisition of iFeelSmart, a UX software provider for telco and TV operators’ solutions. Wyplay and iFeelSmart have participated in the same video eco-system for many years and their service offerings are fully complementary. On the client device side, Wyplay provides system integration […]
Orange Belgium has completed its acquisition of a controlling stake in telco operator, VOO. The closing of this deal will give Orange Belgium a 75 per cent stake minus 1 share in VOO, with the remaining 25 per cent plus one share retained by Nethys. This transaction values VOO at an enterprise value of €1.8 […]
PPF Group, the Czech Republic investment group, has raised its stake in German media group ProSiebenSat.1 to 15.04 per cent in stock and instruments. “Our growing shareholding in ProSiebenSat.1 demonstrates that PPF is a long-term and supportive investor with ample television broadcasting experience that can add value to Germany’s leading media company,” commented PPF Chief […]
After a long-drawn out series of competition investigations over the past 18 months, Viasat has finally wrapped its planned merger with Inmarsat. The deal represents the biggest satellite industry consolidation since SES acquired GE Americom back in November 2001 (which cost SES $5 billion at the time). This Viasat deal is more complex given that […]
All3Media is reportedly exploring sale options that include cashing out on their joint venture in a deal that could be worth more than £1 billion (€0.93 billion). Liberty Global and Warner Bros Discovery (WBD) are considering selling their stakes in the UK-based TV producer, which is home to over 50 production companies, to a third […]
Inmarsat has announced that Rajeev Suri will stand down as chief executive on completion of the company’s sale to Viasat. Suri has been nominated by the shareholder consortium that acquired Inmarsat in 2019 to serve as a Board Director of Viasat upon completion of the sale. He will also be involved with ensuring a smooth […]