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

Altice USA reports video net losses of 48,000 for 2Q 2021
Jul 28, 2021 – Altice USA (NYSE: ATUS) has reported results for its second quarter ended June 30, 2021. Residential quarterly video net losses were 48k in Q2 2021 compared to 35k video net losses in Q2 2020.
News categories: Altice USA, Cable TV, Digital TV, Results, Subscribers, USA

Total Play video RGUs up 48% YoY in Q2 2021 to 1,933,880
Jul 27, 2021 – Total Play Telecomunicaciones, S.A. de C.V., provider of triple play services in Mexico, has announced its Q2 2021 results. The company finished the quarter with 1,933,880 video RGUs, up 48% compared to one year earlier.
News categories: Total Play, Cable TV, Digital TV, Mexico, Results, Subscribers

DIRECTV becomes a standalone video business
Aug 5, 2021 – AT&T and TPG have closed their agreement to establish DIRECTV as a separate company. The new company now owns and operates the former AT&T U.S. and Puerto Rico video businesses consisting of satellite, streaming and IP video services.
News categories: DIRECTV, Bill Morrow, Digital TV, MandA, Puerto Rico, Satellite, USA

Ocean Blue Software acquires Advanced Media Group from EKT
Jul 26, 2021 – Ocean Blue Software (OBS) and EKT have agreed terms for the transfer of EKT's Athens based Advanced Media Group to OBS. The EKT team has more than a decade's experience in streaming video, media players and browser-based solutions.
News categories: Ocean Blue Software, EKT, Paul Martin, Richard Smith, Digital TV, Greece, MandA, Set Top Box, Software, Worldwide

V-Nova raises €33 million in series C round
Jul 26, 2021 – Video and image data compression company, V-Nova, has announced that thanks to Neva First, the alternative investment fund managed by Neva SGR, V-Nova has completed its series C round, raising a total of €33 million.
News categories: V-Nova, Intesa Sanpaolo, Guido Meardi, Mario Costantini, Content Distribution, Digital TV, Media Player, Venture Capital, Worldwide

AT&T premium TV down 473k; Vrio down 239k; HBO up 3.6M video subs in 2Q 2021
Jul 22, 2021 – AT&T (NYSE:T) has reported results for 2Q 2021. Global HBO Max and HBO subscribers grew by 3.6 million. Total U.S. premium TV connections were down 473,000 in the quarter. Vrio in Latin America lost 239,000 subscribers.
News categories: AT&T, Digital TV, IPTV, Latin America, Results, Satellite, Streaming, Subscribers, USA, Worldwide

Verizon FIOS consumer video subscribers down 62,000 in 2Q 2021
Jul 21, 2021 – Verizon Communications (NYSE, Nasdaq: VZ) has reported second-quarter results. Consumer reported 92,000 Fios Internet net additions and 62,000 Fios Video net losses in the quarter.
News categories: Verizon Communications, Digital TV, IPTV, Results, Subscribers, USA

Megacable video subscribers up 21,000 in 2Q 2021
Jul 22, 2021 – Megacable (BMV:MEGA.CPO) has announced results for the second quarter of 2021. The Video segment maintained its growth trend, reaching 3,457,531 subscribers at the end of 2Q21, an increase of 196 thousand, or 6.0%, compared to 2Q20.
News categories: Megacable, Cable TV, Digital TV, Mexico, Results, Subscribers

Grupo Werthein to buy AT&T's Vrio operations
Jul 21, 2021 – Grupo Werthein and AT&T (NYSE:T) have announced that Grupo Werthein has reached an agreement to acquire AT&T's Vrio Corp. business unit. Grupo Werthein has agreed to acquire 100% of the equity in Vrio.
News categories: AT&T, Grupo Werthein, Vrio Corp, Lori Lee, Dario Werthein, Caribbean, Digital TV, Latin America, MandA, Satellite, Streaming