It’s emerged that media giant John Malone attempted to buy Netflix in the early days of the streaming service.
John Malone’s Liberty Global is holding talks that could lead to a merger between cablenet Virgin Media and mobile operator O2.
BeIn Sports has said it is not renewing its Formula 1 contract for the Middle East and North Africa rights due to rampant piracy.
German commercial broadcaster RTL has acquired the exclusive free-to-air TV rights for the Formula One for the next three seasons.
As the current Formula One season ended with the Abu Dhabi Grand Prix on Sunday, it remains unclear which broadcaster will show the races in Germany next year.
German public broadcaster ARD is negotiating about the free-to-air TV rights for the Formula 1 from the 2018 season, competing with commercial broadcaster RTL that has been showing the Grand Prix races since 1991.
Liberty Media has agreed to buy Formula One from a consortium led by CVC for an enterprise value of $8 billion and an equity value of $4.4 billion.
Vivendi has agreed to pay Liberty Media $775 (approx. €700) million in a settlement of a lawsuit filed by Liberty in March 2003 in the US related to the formation of Vivendi Universal Entertainment in May 2002.
Plans by Liberty Global and Discovery Communications to purchase a 49% stake om Formula One may falter over a $1 billion gap in the valuation of the motor racing series.
John Malone and Discovery Communications are in talks to acquire a 49% stake in Formula One, according to a New York Post report.