Distribuidora de Televisión Digital

Prisa accepts Telefónica’s offer for pay TV unit

Spanish media group Prisa has accepted Telefónica’s €725 bid for its 56% stake in pay TV platform Canal+’s holding company Distribuidora de Televisión Digital (DTS).  The deal gives DTS a market value of €1.295 billion and, if approved by regulators, will give the telecom company a controlling stake of 78%, leaving Italy’s Mediaset with a […]

Telefónica in €725 million bid for control of Digital+

Telefónica has made a €725 million bid for a controlling stake in Prisa-backed Spanish pay TV operator Digital+. According to a statement made to the Spanish stock market regulator yesterday, Telefónica is bidding for a 56% stake in Digital+’s holding company Distribuidora de Televisión Digital (DTS), in which it already holds a 22% stake. Telefónica’s […]