Advanced Television

M&A

SoftBank acquires Graphcore

Graphcore, the UK artificial intelligence (AI) chip firm, has been acquired by SoftBank Group. Under the deal, Graphcore becomes a wholly owned subsidiary of the Japanese conglomerate and will continue to operate under the Graphcore name. “This is a tremendous endorsement of our team and their ability to build truly transformative AI technologies at scale, […]

July 12, 2024

TGI Sport acquires Supponor

TGI Sport, a specialist in sports technology and media rights, has announced an agreement to acquire Supponor, the live media virtual advertising company, with proprietary technologies and software that delivers virtual ads across live sports broadcasts worldwide. The deal is scheduled to close mid-summer. Since 2019, TGI Sport has been a Supponor minority shareholder, collaborating […]

July 11, 2024

Paramount 2.0

We have a deal, say Paramount and Skydance, and this time it will stick. Shari Redstone got a slightly sweeter price and proved she was no pushover, just in case anyone thought she was. That’s the trouble with being the 2.0 in a dynasty, everyone, and I mean everyone, assumes you only get to run […]

July 10, 2024

Ateliere acquires Agile Live

Ateliere Creative Technologies, a GenAI media software solutions company, and Agile Content, a TV platform operations and technology company, have jointly announced Ateliere’s acquisition of Agile Live, the cloud live TV production platform. Agile Live enhances live TV and video content production for broadcasters, sports producers, and global newsrooms by utilising next-generation software architecture and […]

July 9, 2024

Skydance, Paramount agree merger

Skydance Media and Paramount Global have entered into a definitive agreement to form ‘New Paramount’ – a next-generation media and technology leader, through a two-step transaction including the acquisition of National Amusements Inc (NAI), which holds the controlling share stake in Paramount, and subsequently a merger of Skydance and Paramount Global. The transaction combines the […]

July 8, 2024

Portugal blocks Vodafone’s takeover of Nowo

Portugal’s competition regulator, Autoridade da Concorrência (AdC), has shot down Vodafone Portugal’s attempt to acquire telecom company Nowo. The AdC fears the merger would hurt consumers by limiting competition in the Portuguese telecom market, by increasing market power for Vodafone and its main competitors (Meo and NOS), creating conditions for coordinated offers among them, and […]

July 8, 2024From Branislav Pekic in Rome

WBD settles merger suit for $125m

Warner Bros Discovery (WBD) has settled a claim from some shareholders relating to the 2022 merger of AT&T’s Warner Bros and Discovery. They had claimed the $43 billion deal was too preferential to bigger sharedholders. Now, through mediation, the two sides have agreed to a $125 million settlement that will bring the lawsuit to an […]

July 8, 2024

Paramount / Skydance back on?

Paramount has resumed merger talks with Skydance Media just weeks after an earlier deal fell apart at the last hurdle. The renewed bid from Skydance included a higher offer of $177 billion (€162bn) to get the deal done. Shari Redstone, who controls Paramount, abruptly ended negotiations in the first go-around in mid-June. David Ellison, the […]

July 3, 2024

Simply.TV acquires InFlow Media

Simply.TV, a leading content discovery and metadata provider, has acquired InFlow Media to form Europe’s leading metadata company. This marks the second acquisition made by Simply.TV, after the Dutch metadata specialist GVIDI was acquired in 2022. With InFlow Media, Simply.TV will strengthen its customer base in the Nordics, add advanced content discovery technology and welcome […]

July 3, 2024

Diller to bid for Paramount?

Media legend Barry Diller is exploring a bid for Paramount according to NYT reporting. Diller’s digital-media group, IAC, has reportedly signed NDAs with National Amusements, Paramount’s controlling shareholder. The Diller move is the latest in the long Paramount sale/no sale saga. Paramount reached the brink of a deal with Skydance before it abruptly fell apart […]

July 2, 2024