The Czech Association of Electronic Communications (CAEK) has welcomed both the upcoming AT&T/Time Warner merger and the recent agreement between Liberty Global and Vodafone.
Turner CEO John Martin is leaving the company after AT&T completed its acquisition of Time Warner, bringing together global media and entertainment leaders Warner Bros, HBO and Turner, with its technology, video, mobile and broadband businesses.
A US federal judge has approved the acquisition of Time Warner by AT&T, rebuffing the government’s effort to stop the $85.4 billion deal.
The Chinese energy group CEFC and Czech/Slovak financial group Penta Investments have made a joint bid of around $2 billion (€1.69 billion) for the Time Warner-owned broadcaster CME.
The European Media Alliance initiated by German broadcaster ProSiebenSat.1 will add TV channels from Central Europe to its association.
AT&T is to buy Time Warner in an $85.4 billion agreement.
Time Warner Investments has led a $12 million Series B funding round for multi-screen video app platform You.i TV.
Time Warner has agreed to acquire a 10% stake in the premium streaming TV service Hulu.
CNN is to stop broadcasting in Russia following the enactment of a new law limiting the level of foreign ownership in media companies to 20%.
21st Century Fox has decided to withdraw its unsolicited offer for Time Warner, with its chairman and CEO Rupert Murdoch citing the latter’s refusal to consider it and an 11% fall in Fox’s share price as the reasons.