Media and Technology NEWS

BSkyB acquires Pantheon Media in move to create content distribution arm

British Sky Broadcasting Group Plc (LON:BSY), or BSkyB, said today it had finalised the takeover of international distribution and multi-media rights management firm Parthenon Media Group as part of a move to form … Continue reading “BSkyB acquires Pantheon Media in move to create content distribution arm”


Animation giant DreamWorks to acquire Classic Media for $155m

US animated film producer DreamWorks Animation SKG Inc (NASDAQ:DWA) on Monday said it had inked a deal to buy Classic Media LLC, owner of numerous well-known characters and brands, for USD155m (EUR128m) in … Continue reading “Animation giant DreamWorks to acquire Classic Media for $155m”


US earth imagery group DigitalGlobe acquries GeoEye in $900m deal

US earth imagery products provider DigitalGlobe Inc (NYSE:DGI) has sealed a USD900m (EUR741.8m) definitive deal to acquire geospatial information firm GeoEye Inc (NASDAQ:GEOY). With this tie-up, the parties will form a global leader … Continue reading “US earth imagery group DigitalGlobe acquries GeoEye in $900m deal”


Microsoft completes $1.2bn acquisition of networking portal firm Yammer

US technology giant Microsoft Corp (NASDAQ:MSFT) has wrapped up the USD1.2bn (EUR978m) takeover of enterprise social networking portals operator Yammer Inc. Jared Spataro, director, Office Division at Microsoft, said on the company’s official … Continue reading “Microsoft completes $1.2bn acquisition of networking portal firm Yammer”


BC Partners-led consortium acquires Suddenlink in $6.6bn deal

Suddenlink Communications, the name under which Cequel Communications Holdings LLC conducts its business, is to be acquired in a USD6.6bn (EUR5.4bn) deal by an investor group comprising UK-based private equity outfit BC Partners … Continue reading “BC Partners-led consortium acquires Suddenlink in $6.6bn deal”


Live Nation Labs takes control of music discovery start-up Rexly

US music discovery startup Rexly Inc said in a blog post it had been taken over by Live Nation Labs, part of Live Nation Entertainment Inc (NYSE:LYV), for an undisclosed amount. Under the … Continue reading “Live Nation Labs takes control of music discovery start-up Rexly”


UK’s CSR disposes of wireless arm to Samsung in $310m deal

British silicon chips designer and supplier CSR plc (LON:CSR) on Tuesday said it would sell its wireless technology unit to Samsung Electronics Co Ltd (KRX:005930) for USD310m (EUR252.3m) in cash, as part of … Continue reading “UK’s CSR disposes of wireless arm to Samsung in $310m deal”


US newspapers increasingly outsource journalism to the Philippines

Newspapers across the United States of America are outsourcing the production of local news to low-paid researchers and writers in the Philippines, radio progamme This American Life has revealed. In an interview with … Continue reading “US newspapers increasingly outsource journalism to the Philippines”


Boomerang Plus accepts Management Buy-Out offer

British TV producer Boomerang Plus Plc (LON:BOOM) said on Wednesday it would be taken over by its management via a cash offer of £0.77 ($1.21/€0.96) per share agreed by the firm’s independent directors. … Continue reading “Boomerang Plus accepts Management Buy-Out offer”


America Movil’s secures a 21% stake in Dutch KPN

Mexican telecommunications group America Movil SAB de CV (NYSE:AMX) announced it had reached a 20.92% ownership level in Royal KPN NV (AMS:KPN) after buying further shares of the Dutch telecommunications and ICT services … Continue reading “America Movil’s secures a 21% stake in Dutch KPN”


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