Iliad’s Polish subsidiary Play has secured funs totalling PLN5.5 billion (€1.2 billion) to partially fund the acquisition of Liberty Global’s UPC Polska.
Molotov fined €7m in retrans row
French streaming platform Molotov has been ordered to pay €7 million in damages to M6 after it rebroadcast its channels without a carriage agreement in place.
Belgium’s CSA takes over presidency of European Regulators Group
Belgian media regulator CSA has taken over the presidency of the Association of European Regulators Group for Audiovisual Media Services (ERGA).
Genius Brands acquires YFE stake, brings Kartoon Channel! to Europe
US children’s entertainment company Genius Brands International has agreed with shareholder F&M Film- und Medien Beteiligungs GmbH to acquire around 29% in German broadcaster Your Family Entertainment (YFE).
German coalition supports preservation of UHF broadcast band
The frequencies in the 470-694MHz range must be retained for broadcasting and event technology beyond 2030. This was the viewpoint of an online conference by the German Alliance for Broadcasting and Cultural Frequencies.
Netflix spared RTVE tax until 2023
Plans to introduce a levy on the major streaming companies to help fund public broadcaster RTVE have been put on hold until 2023.
NetCologne and ZDF settle carriage fee dispute
German cable operator NetCologne and public broadcaster ZDF have settled their long-standing legal dispute over the payment of carriage fees for the cable distribution of ZDF channels.
Struum pulls in $7m funding
Struum, the streaming service established by a cohort of former Disney executives, has raised $7 million from an investor group led by the Canadian Corus Entertainment.
KPN issues sustainability-linked bond
The Dutch incumbent KPN has successfully issued a €700 million inaugural sustainability-linked bond.
Italy to introduce best practice for streaming after DAZN complaints
Italy is to bring in new rules designed to prevent the kinds of glitches that have marred the first few months of Serie A coverage.