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

Viacom18 to be merged into Star India
Feb 28, 2024 – Reliance Industries, Viacom 18 Media and The Walt Disney Company (NYSE:DIS) have signed agreements to create a JV that will combine the businesses of Viacom18 and Star India.
News categories: The Walt Disney Company, Reliance Industries, Bob Iger, Mukesh D Ambani, Nita M. Ambani, Uday Shankar, Digital TV, India, MandA, Streaming

EU approves Orange, MásMóvil joint venture with conditions
Feb 20, 2024 – The European Commission has approved the proposed creation of a joint venture by Orange and MásMóvil, subject to full compliance with a commitments package offered by the two companies.
News categories: European Commission, Orange, MásMóvil, Digital TV, IPTV, MandA, Regulation, Spain

Walmart agrees to acquire VIZIO
Feb 20, 2024 – Walmart and VIZIO have entered into an agreement for Walmart to acquire VIZIO for $11.50 per share in cash, equating to a fully diluted equity value of approximately $2.3 billion.
News categories: Walmart, VIZIO, Seth Dallaire, William Wang, Advertising, Digital TV, MandA, Smart TV, USA

Liberty Global to spin-off 100% of Sunrise to shareholders
Feb 16, 2024 – Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK) is planning to spin-off 100% of Sunrise to Liberty Global shareholders, aiming to maximize shareholder value by crystallizing the value of Sunrise.
News categories: Liberty Global, Sunrise, Mike Fries, André Krause, Digital TV, IPTV, MandA, Switzerland

M6 to develop new streaming platform with Bedrock
Feb 13, 2024 – M6 has released results to 31 December 2023. The Group plans to ramp up the development of its streaming business by launching a new platform in cooperation with its Bedrock subsidiary.
News categories: M6 Group, Bedrock, Apps, Content Distribution, Digital TV, France, Results, Streaming

Disney reports earnings for quarter ended December 30, 2023
Feb 7, 2024 – The Walt Disney Company (NYSE: DIS) has reported results for the quarter ended December 30, 2023. Disney+ Core subscribers decreased sequentially by 1.3 million in the quarter.
News categories: Walt Disney Company, Digital TV, Results, Streaming, Subscribers, USA, Worldwide

Charter residential video customers down 248,000 in 4Q 2023
Feb 2, 2024 – Charter Communications has announced results for the three and twelve months ended December 31, 2023. Residential video customers decreased by 248,000 in the quarter, finishing the year at 13.5 million.
News categories: Charter Communications, Cable TV, Digital TV, Results, Subscribers, USA

Groupe Canal+ intending to take full control of MultiChoice
Feb 1, 2024 – MultiChoice has received a letter from Groupe Canal+, indicating its non-binding intention to acquire the remaining ordinary shares in MultiChoice that it does not currently own.
News categories: MultiChoice, Groupe Canal+, Africa, Content Distribution, Digital TV, Europe, MandA, Satellite, Worldwide

Netgem finishes 2023 with 677,000 netgem.tv subscribers
Jan 31, 2024 – Netgem concluded 2023 with a base of 677,000 netgem.tv subscribers, managed on behalf of around twenty fixed telecommunication operators in Europe, representing an annual growth of 33%.
News categories: Netgem, Mathias Hautefort, Digital TV, Europe, IPTV, Results, Subscribers