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

Altice Europe terminates discussions on acquisition of Partner Communications
Mar 31, 2020 – Altice Europe (Euronext: ATC & ATCB) has confirmed that its fully owned subsidiary Hot has terminated discussions regarding the potential acquisition of Partner Communications.
News categories: Altice Europe, Partner Communications, Digital TV, IPTV, Israel, MnA

Singtel puts HOOQ into liquidation
Mar 27, 2020 – Singtel has announced that HOOQ Digital, a joint venture company in which Singtel has an indirect 76.5% effective interest, has commenced a creditors’ voluntary liquidation and has appointed provisional liquidators.
News categories: HOOQ, Singtel, Asia, Digital TV, Finance, OTT

Wicket Labs adds $1.9m of extra funding
Mar 26, 2020 – Wicket Labs has announced further funding from their current investor base. The $1.9m will accelerate the enhancement of Wicket Scorecard, the company's audience insights platform for media and entertainment companies.
News categories: Wicket Labs, WestRiver Group, Marty Roberts, Anthony Bontrager, Angela Cannon, Big Data, Digital TV, Europe, North America, Venture Capital

Fox Corporation to acquire Tubi
Mar 17, 2020 – Fox Corporation (Nasdaq: FOXA, FOX) has agreed to acquire Tubi for approximately $440 million. Tubi brings to FOX an expanded consumer offering with a sizable, younger-skewing and directly connected user base.
News categories: Fox Corp, Tubi, Lachlan Murdoch, Farhad Massoudi, Digital TV, MnA, OTT, USA

Cincinnati Bell to be acquired by Macquarie
Mar 13, 2020 – Cincinnati Bell (NYSE:CBB), together with Macquarie Infrastructure Partners (MIP), has announced an agreement through which a MIP-controlled subsidiary will acquire all outstanding shares of Cincinnati Bell.
News categories: Cincinnati Bell, Macquarie Infrastructure Partners, Ares Management, Lynn A. Wentworth, Leigh Fox, Karl Kuchel, Scott Graves, Digital TV, IPTV, MnA, USA

Wurl network reaches 100 million CTVs after year of operations
Mar 12, 2020 – Wurl has announced that it expanded its network to reach 100 million CTVs in nine countries in its first full year of operations. Additionally, Wurl delivered more than 225 million hours of programming and more than 1.2 billion personally targeted ads.
News categories: Wurl, Sean Doherty, Advertising, Content Distribution, Digital TV, OTT, Results, USA, Worldwide

THEO Technologies secures Series A funding
Mar 10, 2020 – THEO Technologies has announced that it raised $10M in a Series A funding round led by SmartFin Capital with participation from PMV and Media Invest Vlaanderen (MIV). THEO Technologies’ flagship product is its THEOplayer.
News categories: THEO Technologies, Steven Tielemans, Pieter-Jan Speelmans, Belgium, Digital TV, Media Player, OTT, Venture Capital, Worldwide

Highview Capital and Firstlight to acquire Quickplay from AT&T
Mar 3, 2020 – Highview Capital has announced that it has partnered with Firstlight Media to acquire Quickplay from AT&T (NYSE: T). Firstlight will merge with Quickplay, a provider of managed solutions for distributing video content to IP-connected devices.
News categories: Firstlight, Highview Capital, André Christensen, Ryan McCarthy, Steve Russell, Content Distribution, Digital TV, MnA, OTT, Worldwide

Tele2 Croatia sale to United Group completed
Mar 3, 2020 – Tele2 (Stockholm: TEL2 A and TEL2 B) has completed the sale of Tele2 Croatia to United Group. Tele2 intends to distribute the proceeds, along with additional cash available, through an extraordinary dividend.
News categories: Tele2, United Group, Croatia, MnA