Finance (M&A, results, venture capital, private equity, …) News

MainStreaming secures $6 million funding
May 15, 2019 – MainStreaming has announced it has secured $6 million in a new round of funding, bringing its total raised to over $10 million. This round was led by Indaco Venture Partners SGR, together with Sony Innovation Fund and existing investor, United Ventures.
News categories: MainStreaming, Indaco, Sony Innovation Fund, Antonio Corrado, Alvise Bonivento, Gen Tsuchikawa, Content Distribution, Digital TV, Italy, OTT, Venture Capital, Worldwide

Cyfrowy Polsat contract pay TV subscribers down 22,000 in 1Q 2019
May 14, 2019 – Cyfrowy Polsat Group has reported results for the first quarter of 2019. The company finished the quarter with 5.1 million contract pay TV subscribers, down 21,000 versus the end of 2018, and up 93,000 year-on-year. In March 2019 Cyfrowy Polsat introduced its EVOBOX IP set-top box.
News categories: Cyfrowy Polsat, Digital TV, IPTV, OTT, Poland, Results, Satellite, Set Top Box, Subscribers

Disney and Comcast agree on Hulu's future governance and ownership
May 14, 2019 – Disney (NYSE: DIS) and Comcast (NASDAQ: CMCSA) have announced that Disney will assume full operational control of Hulu, effective immediately, in return for Disney and Comcast entering into a 'put/call' agreement regarding NBCUniversal’s 33% ownership interest in Hulu.
News categories: Comcast, Disney, Digital TV, MnA, OTT, USA

1.2 million pay TV subscribers at Dialog Axiata
May 14, 2019 – Dialog Axiata has announced results for the three months ended 31st March 2019. Dialog Television (“DTV”), continued to consolidate its leadership position in the Digital Pay Television space with a subscriber growth of 16% YoY to reach 1.2 million.
News categories: Dialog, Digital TV, Results, Satellite, Sri Lanka, Subscribers

EU opens competition investigation into Telia's acquisition of Bonnier Broadcasting
May 10, 2019 – The European Commission has opened an investigation to assess the proposed acquisition of Bonnier Broadcasting by Telia Company. The Commission is concerned that the merged entity may shut out competitors from the audio-visual sector in Finland and Sweden.
News categories: European Commission, Telia Company, Bonnier Broadcasting, Digital TV, Finland, MnA, Regulation, Sweden

Cable One video PSUs down 5,800 in 1Q 2019
May 9, 2019 – Cable One (NYSE: CABO) has reported results for the quarter ended March 31, 2019. The company ended the quarter with 320,611 Residential and Business Video PSUs, down 5,812 in the quarter and down 30,263 (-8.6%) year-on-year.
News categories: Cable One, Cable TV, Digital TV, Results, Subscribers, USA

TiVo to separate Product and IP Licensing businesses
May 9, 2019 – TiVo (NASDAQ: TIVO) has approved a plan to separate its Product and IP Licensing businesses. TiVo intends to spin out its Product business to shareholders and the company will continue to be open to strategic transactions for each business.
News categories: TiVo Corp, Raghu Rau, Content Distribution, Digital TV, MnA, Patent, Set Top Box, USA, UX, Worldwide

TELUS TV subscriber base up 17,000 in 1Q 2019
May 9, 2019 – TELUS has released results for the first quarter of 2019. In the quarter, the company added 17,000 TELUS TV customers to finish with a customer base of 1.1 million, up 11,000 year-on-year.
News categories: TELUS, Canada, Digital TV, IPTV, Results, Subscribers

Sky participates in You.i TV Series C funding round
May 9, 2019 – Sky has invested in You.i TV. The investment is part of the larger You.i TV Series C funding announced in November 2018, and displays Sky’s commitment to backing innovative companies that help connect consumers to content they want to watch.
News categories: You.i TV, NOW TV, Sky, Jason Flick, David Beazley, Digital TV, UX, Venture Capital, Worldwide