21st Century Fox could agree to sell Sky Italia and its 57% stake in Sky Deutschland to BSkyB in the next two weeks. This, reports Reuters, could help it lodge a higher bid for Time Warner.
Rupert Murdoch’s 21st Century Fox has confirmed it made a formal merger proposal for Time Warner, the US media giant, whose interests include TV, film, cable and the internet.
Pay TV Operators are at the top of the set-top box food chain, with hardware OEMs and semiconductor vendors both functioning in a supporting role, according to ABI Research.
Time Warner may be thwarted in its efforts to buy the Turkish TV station ATV.
Time Warner’s HBO has entered into a partnership with Parsifal International to launch HBO Nordic, a new joint multiplatform video distribution venture serving Sweden, Norway, Finland and Denmark.
Time Warner has received a financial boost in the Czech Republic, where it is a principal shareholder in CME’s TV Nova, the country’s leading broadcaster.
Central European Media Enterprises (CME) has sold around 9.9 million class A shares to Time Warner and 2 million to Ronald S. Lauder for a combined fee of approximately $89 million (€70.36 million).
Time Warner’s Turner Broadcasting System has closed its TNT television operation in Turkey.
Time Warner and Vivendi have emerged as the frontrunners to take over Poland’s TVN group.
The Czech Republic is proving to be an increasingly lucrative market for Time Warner.