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

Megacable video subscribers up 49,000 in 3Q 2022
Oct 27, 2022 – Megacable (BMV: MEGA.CPO) has announced results for the third quarter of 2022. The Video Segment reached 3,592,188 subscribers at the end of 3Q22, an increase of 76 thousand or 2.2% versus 3Q21.
News categories: Megacable, Cable TV, Digital TV, Mexico, Results, Subscribers

Number of subscribers to Netgem's services reaches 470,000
Oct 20, 2022 – The total number of subscribers to Netgem Group services reached 470,000 at the end of September 2022, a growth rate of over 40% year-on-year. The Group has confirmed its target of half a million subscribers by end-2022.
News categories: Netgem, Mathias Hautefort, Content Distribution, Digital TV, Finland, France, IPTV, Results, Set Top Box, Streaming, UK

ZEE shareholders approve proposed merger with Sony Pictures Networks India
Oct 14, 2022 – Equity shareholders of ZEE Entertainment (ZEEL) have approved the proposed merger of ZEEL and Bangla Entertainment with and into Culver Max Entertainment (formerly Sony Pictures Networks India).
News categories: ZEE Entertainment, Sony Pictures Networks India, Punit Goenka, Digital TV, India, MandA, Streaming

Competition Commission of India approves Zee-SonyLIV merger, with conditions
Oct 4, 2022 – The Competition Commission of India has approved the amalgamation of Zee Entertainment and Bangla Entertainment with Culver Max Entertainment (provider of the SonyLIV service), with conditions.
News categories: Competition Commission of Indi, Zee Entertainment, SonyLIV, Digital TV, India, MandA, Streaming

Vodafone Portugal to acquire Nowo
Sep 30, 2022 – Vodafone Portugal has entered into an agreement with Llorca JVCO, shareholder of Másmóvil Ibercom, for the purchase of Cabonitel, owner of Nowo Communications, subject to the necessary regulatory approval.
News categories: Vodafone Portugal, Nowo Communications, Mário Vaz, Digital TV, IPTV, MandA, Portugal

Eurofins divests Digital Testing business
Sep 26, 2022 – Eurofins Scientific (EUFI.PA) has announced the signing of an agreement to divest its Digital Testing business to Stirling Square Capital Partners for €220m on a cash and debt free basis.
News categories: Eurofins, Stirling Square, Dr Gilles Martin, Digital TV, Private Equity, QoE, Worldwide

DAZN acquires Eleven Sports and Team Whistle
Sep 27, 2022 – DAZN Group has announced an agreement to acquire the ELEVEN Group's global sports media businesses. The deal expands DAZN’s capabilities in the live sports streaming sector and establishes DAZN as a global leader in this rapidly evolving space.
News categories: DAZN Group, ELEVEN Group, Shay Segev, Kevin Mayer, Marc Watson, Andrea Radrizzani, Digital TV, MandA, Streaming, Worldwide

Friend MTS receives investment from private equity firm NorthEdge
Sep 6, 2022 – Friend MTS has announced a significant investment by private equity firm NorthEdge. The investment will enable Friend MTS to expand its portfolio of video content security SaaS solutions and deliver technology to its core markets of sports and media.
News categories: Friend MTS, NorthEdge, Jonathan Friend, Jon Pickering, Content Protection, Digital TV, Private Equity, Worldwide

Wowza acquires video player specialist, Flowplayer
Sep 7, 2022 – Wowza has announced that it has acquired Flowplayer, a Sweden-based video player specialist. The acquisition was made in partnership with Clearhaven Partners, a US-based private equity firm that focuses on software and technology.
News categories: Wowza, Flowplayer, David Stubenvoll, Michelle Noon, Henrik Lovén, Dominik Schreiner, Content Distribution, Digital TV, MandA, Media Player, Worldwide