The Business of Multiscreen Television
Spanish stock market regulator CNMV has approved the takeover of Sogecable by media house Prisa.
Last December Prisa launched an all cash bid for the 53% of the company it did not already own, putting a price on the company of €28 per share.
Sogecable operates the Digital+ DTH platform and the free-to-air channel Cuatro.
Prisa currently holds 50.07 of Prisa following last month’s purchase of 2.95% from Corte Ingles’ Eventos SA.
About Julian CloverYou can talk to Julian on Twitter @julianclover, on Facebook or by email at jclover@broadbandtvnews.com. Julian has been following the media world for over 20 years with a focus on the UK and Nordic markets, HD, 3D and connected TV technologies.
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Connected TV Forecasts NEW REPORT. The number of TV sets connected to the Internet will reach 551 million by 2016 for the 40 countries covered in this report from Digital TV Research, up from 124 million at end-2010. The report states that this translates to 20% of global TV sets by 2016, up from only 6% at end-2010. Published in November 2011, this 83-page PDF report is the most geographically comprehensive to ever be published. Read more about the report