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Remerged ViacomCBS plots growth strategy around direct-to-consumer and productionAugust 16, 2019CBS Corporation and Viacom have entered into a definitive agreement to combine in an all-stock merger, reuniting two US-based media giants which split in 2006. The merger will reunite the CBS free-to-air broadcasting business, the Showtime pay TV network, basic cable channel brands MTV, Nickelodeon and Comedy Central, and the Paramount film and TV studios, as well as burgeoning online brands including CBS All Access and Pluto TV. Both CBS and Viacom are owned by National Amusements Inc.Subscribers Only
DAZN agrees distribution deal with Eurosport in four European marketsJuly 18, 2019Streaming sports service DAZN has formed a partnership with Discovery which will see the US group's Eurosport 1 HD and Eurosport 2 HD channels added to its services in Germany, Austria, Italy and Spain.
Mediaset builds on partnership with ProSiebenSat1 with $380 million share purchaseMay 30, 2019Mediaset has acquired a 9.6% stake in Germany's ProSieben.Sat1, in a move it describes as 'an investment in the future of European free-to-air television'. Yesterday's acquisition of shares on the open market also gives the Italian group a 9.9 share of the voting capital. Based on the closing share price, the investment would be worth around €340 million ($380 million).Subscribers Only
Comcast makes its offer for Sky officialApril 25, 2018Comcast has made a formal offer for Sky, valuing the UK-based satellite operator at £22 billion ($30.7 billion). Today's official offer of £12.50 represents a premium of more than 16% over 21st Century Fox’s offer for the 61% of Sky it does not own. Sky's independent board of directors has this morning withdrawn its recommendation of the Fox bid, making a battle for ownership of Sky between Comcast, Fox and possibly Walt Disney Co, seemingly inevitable.
Comcast intends to outbid 21st Century Fox for ownership of SkyFebruary 27, 2018US cable giant Comcast has unveiled a possible takeover offer for Sky, aiming to outbid 21st Century Fox. Comcast today made an all-cash offer of £12.50 per share in cash for the UK-based satellite operator, which represents a 16% increase on 21st Century Fox’s offer, implying a valuation of £22.1 billion ($28.5 billion). Fox, which already owns a 39% stake in Sky, offered £18.5 billion ($23.8 billion) to acquire the shares in the operator that it does not own.
Disney to launch online ESPN and Disney-branded services in major strategic shiftAugust 09, 2017Walt Disney is to launch direct-to-consumer ESPN and Disney-branded services online in what Chairman and CEO Bob Iger described as 'a major strategic shift in the way we distribute our content'. Disney is investing $1.6 billion in BAMTech to increase its stake from 33% to 75%, taking control of the streaming technology company.
Sky delivers revenue and customer growth, but hits to profits and wholesale signal significant challengesJuly 27, 2017Pan-European pay TV operator Sky reported growth across a range of key metrics in its full-year 2016-17 financial results, along with some notable declines. By the end of June 2017, Sky served a total of 22.5 million retail customers across its five markets (UK, Ireland, Germany, Austria and Italy), having added 686,000 over the preceding 12 months. On the wholesale front, however, Sky lost 431,000 customers subscribing to its channels via alternative providers in the UK and Ireland (having lost 105,000 the previous year), and a further 15,000 in Germany.
Amazon to stream NFL to Prime Video subscribersApril 05, 2017Amazon is to live stream games from the NFL from next season, furthering its ambitions to add live sport to its online subscription offering. The rights Amazon has acquired are for 10 Thursday night matches, which will be simultaneously broadcast free-to-air on CBS and NBC. Reports suggested that the games will be available only to Amazon Prime Video subscribers but the transmissions will include commercials from the broadcasters' feed. It is understood that Amazon will have some availability itself which it could use for its own promotions.Subscribers Only
Sky seeks UK growth with full online TV offering, amid carriage dispute with DiscoveryJanuary 26, 2017Pan-European pay TV operator Sky delivered a characteristically impressive set of results for the first six months of its financial year – but with some notable caveats. Despite adding 500,000 customers across Europe and increasing revenue for the period by £692 million to £6.41 billion, the rise in Premier League TV rights costs in the UK lowered operating profits, by 9% across the group and 18% in the UK and Ireland.
Poland's TVN launches original commissions for Player.pl serviceOctober 07, 2015Polish broadcaster TVN is pushing further into online with an investment in five original series. The first series, a Polish version of US comedy Web Therapy, will launch on TVN’s Player.pl service on 21 October. Speaking at the Mipcom TV market in Cannes this morning, TVN executives said the 10 episode series will cost 1 million zlotys ($266 million), a similar budget to one of its traditional linear TV series. Between Q4 this year and Q1 2016, TVN will also debut two reality series, Lip Sync Battle and Start U Up, documentary series My Love Story and drama co-production Cape Town.Subscribers Only
Over-the-top HBO Now to launch on Apple devices in AprilMarch 10, 2015HBO's over-the-top streaming service will be available on Apple devices from launch next month, the company announced yesterday. Branded as HBO Now, the service will cost $14.99 a month and be available via iPads, iPhones, iPod touches and Apple TV set-top boxes in time for season five of Game of Thrones on 10 April.Subscribers Only
Amazon takes new fronts in content warsJanuary 21, 2015Retailer and online video service Amazon will finance up to 12 US theatrical movies in 2015, releasing them on its Prime Instant Video subscription service one to two months after the cinema. The move into film production and distribution follows the commission of the first episodic series directed by Woody Allen, which will also be exclusive to Prime Instant Video. Content produced and distributed through Amazon Original Movies will move quickly from cinemas to subscription video-on-demand (SVoD) - four to eight weeks instead of the usual six to ten months.Subscribers Only
The success of ‘The Interview’ on online video platforms helps Sony to recoup its investment but proves little in the wider windowing debateJanuary 20, 2015Two weeks since taking The Interview to online platforms in the US, Sony reported over $31 million in consumer revenues from its digital distribution (over 4.3m downloads) and $5m in cinema distribution.
Netflix raises its game with House of CardsFebruary 01, 2013Netflix is challenging the traditional model of TV programme distribution with the premiere of House of Cards, its first original drama series commission, on its US and international streaming services today...
YouTube brings original channels to EuropeOctober 08, 2012YouTube has unveiled the extension of its original channels initiative. Following up on last October's US launch of original channels, the Google-owned video sharing website is supporting the launch of 46 new channels in France, Germany and the UK.
Cinedigm acquires New Video to become independent digital studioMay 01, 2012Cinedigm has taken a further step down its strategic path to become an integrated independent digital studio by acquiring US distributor New Video. Deal is for an initial $14m ($10m in cash and $4m in...
Canal Plus eyes profitable move into free TVMarch 02, 2012Canal Plus Groupe, once the leader of the European pay TV sector, is targeting free TV as a key area for expansion and one that it expects to generate a majority of its operating profit by 2015. Speaking at...