Simply Media has announced the launch of Simply Ventures, a new division of the business that actively seeks production and programme distribution acquisition opportunities.
TF1 to sell France 24 stake
French private broadcaster TF1 has agreed in principle to sell its 50% stake in the international news channel France 24. The deal, worth €2 million, is based on a valuation […]
Kinnevik departs Gateway
Scandinavian media group Kinnevik has pulled out of the pan African pay-TV platform Gateway, selling its stake for $23.6 million (€17.36m), a return 1.8 times the amount invested in May […]
TF1 denies AB acquisition talks
French commercial broadcaster TF1 has denied newspaper reports that it was in talks with Groupe AB to take a larger share in the company. However, the broadcaster is believed to […]
KPN sells share in NostalgieNet
The Dutch communications provider KPN has sold its share in the thematic channel NostalgieNet, which specialises in nostalgic programming, to Tijdsbeeld Media Holding.
Harmonic acquires Scopus
Harmonic has announced it is to acquire Scopus Video Networks in a deal worth $51 million. The agreement will further extend Harmonic’s influence into video broadcast, contribution and distribution markets.
European clearance for NDS deal
NDS Group has announced it has been given unconditional clearance by the European Commission to take the company private.
Sky-Tiscali talks on hold
The prospects for an early sale for the UK arm of Italian ISP Tiscali have faded after BSkyB withdrew from talks amid concerns over the asking price. While the Italian […]
MTV places 80 jobs under threat
MTV is cutting up to 80 jobs, some 10% of its workforce, from its London-based operations as part of global plans by parent company Viacom to save around $200 million […]
Virgin Media names new CFO
Virgin Media has said Jerry Elliot will become its new chief financial officer, taking up his position on January 5 next year.