Empreno Ventures has called on United Group and its controlling shareholder BC Partners to halt negotiations pertaining to the acquisition of the Bulgarian incumbent telco Vivacom pending a court decision.
Sunrise cancels UPC takeover assembly with consent from Liberty Global
The showdown between the supporters and opponents of Sunrise’s takeover of UPC Switzerland will not take place for the time being: The Swiss telecommunications company pulls the emergency brake and, with approval by UPC parent company Liberty Global, cancels the extraordinary general meeting (EGM) scheduled for October 23, 2019.
Netflix raises $2 billion for new content
Netflix says it plans to raise another $2 billion in debt ahead of an upsurge in competition from the likes of Disney, Apple and NBC.
Police raid Dutch data centre, shutting down pirated-content site
Police raided commercial and residential properties in the Netherlands, France, and Germany Wednesday as part of a copyright-violation investigation of Share-Online.biz, the largest file hosting site operated in Germany.
Brexit: European TV subscriptions outlawed in the UK
UK viewers that are currently using pay-TV subscriptions purchased in another European country will no longer be able to use them once the UK leaves the European Union.
Swiss CH Media acquires 3 Plus TV group
Swiss media company CH Media will take over Swiss TV broadcaster 3 Plus.
Eir to move to Apple TV 4K set-tops
Ireland’s Eir has become the latest operator to adopt Apple TV as its primary set-top box.
United Group in talks to buy Vivacom
United Group, the private equity-backed cable company, is holding exclusive talks to purchase Vivacom, Bulgaria’s largest telecoms group.
Sky Deutschland expands OTT service Sky Ticket
German pay-TV operator Sky Deutschland is adding 13 TV channels and further on-demand content to its OTT platform Sky Ticket.
Netflix grows more than expected, but US disappoints
During the this quarter, Netflix grew to $5.2 billion in revenue, up 31% over the prior year, and operating income doubled to $1.0 billion. Paid net adds totaled 6.8m compared to its 7.0m forecast and prior year Q3 of 6.1m.
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