The vast majority of shareholders in Swiss operator Sunrise have agreed to a CHF6.8 billion buyout offer from Liberty Global, Sunrise said in a statement.
Canal+ builds 6.5% stake in Multichoice Group
Canal+ Group has announced its holdings in South Africa’s MultiChoice Group have passed the 5% threshold.
Fubo TV launches IPO on NYSE
Sports streaming platform Fubo TV has placed 15,000,000 shares on the New York Stock Exchange at the start of its IPO.
Telekom Srbija secures new funding
The National Bank of Serbia (NBS) has confirmed that it has bought a small number of corporate bonds from Telekom Srbija.
Ideal Shopping Direct turns the corner
The UK’s multi-channel home shopping retailer Ideal Shopping Direct (ISD) has posted a profit of £6.5 million (€7.2 million) for the last 12 months.
GoMedia acquired by Icomera
Onboard Infotainment provider GoMedia has been acquired by Icomera.
BBC Studios warns of “tight rein” on costs
BBC Studios has warned that the coronavirus pandemic will “significantly affect” its ability to deliver revenues in the coming year.
Salt considers legal action against Sunrise over Liberty Global deal
Swiss telecommunications company Salt considers suing Sunrise, arguing that its competitor’s sale to Liberty Global would be in breach of an agreement signed months earlier.
TF1 takes €250m Covid hit
TF1 followed the pattern of broadcasters around the world as it saw audiences climb and sales fall.
DAZN Group in $1bn funding push
DAZN Group, the streaming service backed by billionaire Len Blavatnik, is looking to raise up to $1 billion.