Liberty Global remains committed to selling its Swiss cable subsidiary UPC to local telco Sunrise under the agreed terms.
Vivendi to vote against Mediaset restructure plan
Vivendi has signalled its intention to vote down plans by Mediaset to restructure itself through a new Dutch holding company.
Freenet opposes UPC acquisition by Sunrise
German media company Freenet, a major shareholder in Sunrise, will vote against the Swiss telco’s proposed takeover of cable operator UPC Switzerland, arguing that the price was too high and the conditions unfavourable.
RTL, ProSiebenSat.1 get green light for addressable TV and online video JV
The Federal German cartel office has given the go-ahead for the joint venture between Mediengruppe RTL Deutschland and ProSiebenSat.1 in the area of addressable TV and online video advertising.
KKR succeeds with Axel Springer offer
The plan by US financial investor KKR to acquire a strategic investment in German media company Axel Springer has made an important step forward.
Digi obtains new funding
Digi Communications, the parent company of RCS&RDS, has secured a syndicated facility agreement.
Lower profit for Cyfrowy Polsat
Poland’s Cyfrowy Polsat has warned that its net profit will be reduced for the second quarter of this year.
Telenet continues to lose video customers
At June 30, 2019, Telenet’s total basic and enhanced video customer base reached 1,902,200. On a sequential basis, the Belgian operator lost 14,600 net video subscribers during Q2 2019.
Liberty Global completes Vodafone cable deal
Liberty Global has completed the sale of its operations in Germany, Hungary, Romania and the Czech Republic to Vodafone.
Herbert Kloiber Jr. leaves Tele München Group
Herbert Kloiber Jr. will leave the newly founded German media company, which emerges from Tele München Group, Universum Film, i&u TV and Wiedemann & Berg Film, on August 1, 2019.