Al Jazeera’s BeIN Sports is expected to acquire Turkish pay TV operator Digiturk for between US$1-US$1.2 billion (€925 million-€1.1 billion), according to local reports.
Local paper Star Gaztesi reported that finalization of the sale is imminent, pending approval by the Turkish Savings Deposit Insurance Fund (TMSF), the body that seized control of former Çukurova Holding’s 47% stake in the operator following a long-running dispute over taxes.
Digiturk’s other investor, Providence Equity Partners, has reportedly already agreed to the sale.
Digiturk has about 3.3 million subscribers and hjolds rights to first division Turkish football until the end of the 2016-17 season.
ICYMI: #Hamilton a huge draw for @disneyplus, CEO Chapek tells staff digitaltveurope.com/2020/07/10/ham… https://t.co/kgNQnvpM7t
11 July 2020 @ 16:00:00 UTC
Still time to register for @Gracenotetweets webinar next week "Age of Discovery: can effective recommendation power… twitter.com/i/web/status/1…
11 July 2020 @ 14:00:00 UTC
DTVE: the week in view – Will @daznglobal's international rollout withstand pandemic pressures?… twitter.com/i/web/status/1…
11 July 2020 @ 12:00:00 UTC
ICYMI: CBS All Access and CBS Sports to be English-language home of Champions League in US digitaltveurope.com/2020/07/10/cbs… https://t.co/LYB6BdMa0Q
10 July 2020 @ 20:00:01 UTC
ICYMI: Peacock to broadcast more than 175 @premierleague matches in 2020-21 season digitaltveurope.com/2020/07/10/pea… https://t.co/KsI6S0Qo6z
10 July 2020 @ 19:00:00 UTC
