YooMedia is preparing to sell its subsidiary The Gaming Channel to the Spanish-based investment company Kasei 2000. The Gaming Channel runs YooMedia’s fixed odds betting operation and has been valued […]
£11.5bn price tag on Virgin Media
Virgin Media has appointed Goldman Sachs to seek out possible buyers after an approach from private equity company Carlyle Group. The search is said to be in its early stages, […]
AIG seeks funding for BTC purchase
Reports indicate that AIG is to borrow €1.64 billion to fund its acquisition of the incumbent Bulgarian telco BTC. AIG agreed to buy 65% of BTC from the Icelandic entrepreneur […]
ProSiebenSat.1 acquires SBS
ProSiebenSat.1 Media AG has acquired SBS Broadcasting for €3.3 billion. The deal, which is not subject to any regulatory approval, will be finalized by the end of the month following […]
RTL Group acquires Talpa TV assets
RTL Group and John de Mol’s Talpa Media Holding today announced that they have signed an asset deal in the Netherlands. Radio 538 will be integrated in RTL Nederland, which […]
KPN takes interest in PCzapper
Dutch telecoms incumbent KPN has taken a share in the Dutch online video portal PCzapper.tv, the company announced today. The portal offers a guide and access to online video contnet, […]
Liberty increases Telenet stake
Liberty Global is taking its stake in Telenet Group Holding NV from 31.32% to 49.70%. The shares are being acquired from existing shareholders by Belgian Cable Investors affiliate, LGI Ventures […]
Russian market growth predictions
Russia’s mobile market is likely to be worth $34.1 billion (€25.4 billion) by 2012, while the value of the broadband services it provides should amount to $3.4 billion. Both forecasts […]
BC Partners to acquire majority of Intelsat
Following a few days of rumours, private equity firm BC Partners is to acquire a majority in Intelsat, the satellite company announced. The company has signed a definitive agreement for […]
Austrian bank to sell 43% ATV interest
There is much international interest for the 43% share in commercial broadcaster ATV that the Austrian Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse (Bawag) wants to put up for […]