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

TCL's TV set sales up 15.9% in 2020
Jan 14, 2021 – TCL (HKSE: 01070.HK) has announced that its sales volumes of TCL branded TVs in 4Q 2020 was up 20.2% Y-o-Y to 6.61 million. Volume for 2020 as a whole was 23.93 million units up 15.9% versus 2019.
News categories: TCL Electronics, Digital TV, Results, Smart TV, Worldwide

GTPL Hathway digital CATV subscribers unchanged YoY at 7.35 million
Jan 13, 2021 – GTPL Hathway Limited (GTPL) has announced results for the period ended December 31, 2020. Paying subscribers at the end of the year stood at 7.35 million. Seeded STBs stood at 10.61 million.
News categories: GTPL Hathway, Anirudhsinh Jadeja, Cable TV, Digital TV, India, Results, Set Top Box

Roku acquires Quibi’s global content distribution rights
Jan 8, 2021 – The Roku Channel (NASDAQ: ROKU) will become the exclusive place to stream more than 75 premium shows and documentaries that Quibi created in conjunction with Hollywood’s leading studios and production companies.
News categories: Roku, Rob Holmes, Digital TV, Licensing, MandA, Streaming, Worldwide

Scripps completes acquisition of ION Media
Jan 7, 2021 – Scripps (NASDAQ: SSP) and Black Diamond Capital Management have closed Scripps' acquisition of ION Media Networks. Scripps is combining ION with the Katz networks and Newsy to create a national U.S. TV networks business.
News categories: Scripps, Black Diamond, Adam Symson, Christopher W. Parker, Content Distribution, MandA, USA

Media Distillery secures €3 million of funding
Jan 7, 2021 – Media Distillery has secured €3 million of funding, mainly from entrepreneurs and executives in the TV and broadcast industry. The funding will be used for international expansion and to extend the platform.
News categories: Media Distillery, Roland Sars, Geert Vos, Big Data, UX, Venture Capital, Worldwide

LG Electronics acquires controlling stake in Alphonso
Jan 7, 2021 – LG and Alphonso have announced a significant investment by LG in Alphonso. With this investment of nearly $80 million, LG will become Alphonso's largest investor with a controlling stake of more than 50%.
News categories: LG Electronics, Alphonso, Park Hyoung-sei, Ashish Chordia, Advertising, Big Data, Digital TV, MandA, Smart TV, Worldwide

Datagroup to acquire Volia
Dec 22, 2020 – Datagroup has announced that it has reached an agreement to acquire 100% of the Volia group of companies in Ukraine, with the full backing of Horizon Capital's EEGF II fund.
News categories: Volia, Datagroup, Horizon Capital, Anton Dzyubenko, Mykhailo Shelemba, Lenna Koszarny, Cable TV, Digital TV, MandA, Ukraine

WarnerMedia acquires You.i TV
Dec 21, 2020 – WarnerMedia has completed its acquisition of You.i TV. The company’s You.i Engine One platform delivers video apps across mobile, tablet, game consoles, streaming devices, STBs and Smart TVs using a single codebase.
News categories: WarnerMedia, You.i TV, Jason Press, Apps, Digital TV, MandA, Streaming, UX, Worldwide

FreeWheel to acquire ad tech company Beeswax
Dec 17, 2020 – FreeWheel has announced that it has agreed to acquire Beeswax. The acquisition will expand FreeWheel's programmatic marketplace capabilities across all forms of TV and video advertising, including CTV and STB VOD.
News categories: FreeWheel, Beeswax, Dave Clark, Ari Paparo, Advertising, Digital TV, MandA, USA