Shari Redstone has called an end to talks with David Ellison’s Skydance Media, ending the potential sale of a controlling stake in Paramount Global after some six months of negotiations. The move by Redstone, Paramount’s largest shareholder, came just as it seemed a deal was close. A special committee of Paramount’s board had been scheduled […]

Dolby Labs is to acquire GE Licensing, which owns, maintains, and licenses an extensive portfolio of IP, primarily targeting the consumer digital media and electronics sectors. Dolby will pay $429 million (€399m) in an all cash transaction. This deal is expected to close by the end of fiscal year 2024, subject to regulatory approval and […]

Grupo Televisa, the Mexican telco, has announced that the approval from the Federal Telecommunications Institute (Instituto Federal de Telecomunicaciones) has been received with regards to the acquisition by the company of the participation in Sky Mexico previously held by AT&T. The transaction, first announced in April 2023, has now been carried out. Consequently, Televisa now […]

LG Ad Solutions, a specialist in connected TV (CTV) and cross-screen advertising, has announced that Dave Rudnick has been promoted to Chief Technology Officer, effective immediately, to lead technology strategy, advise engineering, product, data, and network security systems teams, and develop innovative solutions that support the company’s clients, prospects, and the broader CTV industry. Rudnick […]

Outfront Media and Bell Media, a wholly-owned subsidiary of BCE, have closed the sale of Outfront Media’s Canadian business to Bell Media for a purchase price of C$410 million (€277m) in cash, subject to certain purchase price adjustments. Jeremy Male, Chairman and Chief Executive Officer of Outfront Media, commented: “The sale of our Canadian business […]

Banijay UK has announced its acquisition of independent scripted production company Caryn Mandabach Productions Limited (CMP). The company, founded by award-winning producer Caryn Mandabach produces the hit drama series and brand, Peaky Blinders. Mandabach will pivot to a first-look development and producer agreement with Banijay UK under her newly formed Conduit Productions umbrella. Under the […]

The independent board tasked by South Africa’s most significant pay-TV operator, MultiChoice, has recommended shareholders accept the takeover bid from French broadcaster Canal+. The offer values the company at $2.9 billion (€2.6bn). The Johannesburg group’s board said “the terms and conditions of the offer are fair and reasonable to MultiChoice shareholders”, and pointed to a […]

Paramount independent shareholders are recommending the enhanced acquisition offer from Skydance Media, meaning the decision will now come down to controlling shareholder Shari Redstone. Redstone has been negotiating with Skydance, the production group founded by Oracle billionaire David Ellison, meanwhile the company has received competing interest from Apollo private equity and Sony. Skydance, whose backers […]

Zegona Communications has announce the completion of the acquisition of 100 per cent of Vodafone Spain for €5 billion. The deal was first announced in October 2023. Vodafone is the #3 telco player in Spain with significant market shares in mobile, broadband and TV. Eamonn O’Hare, Zegona’s Chairman and CEO, commented: “We have now completed […]

Seedtag, a specialist in contextual advertising, has acquired Beachfront, the US-based sell-side ad platform built for CTV and streaming. Beachfront’s technology, inventory, and expertise in CTV advertising will be incorporated into Seedtag’s existing contextual advertising solutions. The announcement follows Seedtag’s recent launch of Contextual TV in the US, an offering that harnesses AI-based network dynamics, […]