Lionsgate has emerged as the latest major entertainment group set for consolidation, with Amazon among those linked with a takeover. According to US media outlets, a CBS-Viacom combination and telco Verizon are also interested in Lionsgate, which itself acquired premium cable network for US$4.4 billion in one of 2017’s biggest media deals. The CBS-Viacom party is […]
ProSiebenSat.1 has appointed the senior vice-president of finance at online retailer Zalando, Jan Kemper, as its new chief finance officer. Kemper will become CFO on June 1, 2017 and will also head up mergers and acquisitions (M&A) at ProSiebenSat.1, effective August 1, 2017. At the same time, chief investment officer, Ralf Schremper, whose contract at […]
Vice Media chief executive Shane Smith used his MacTaggart lecture last night in Edinburgh to claim the television and wider media world is set for a “bloodbath” of M&A activity and a “dose of chaos” as new business models emerge. Smith said that the changing digital landscape meant “mainstream media companies” – which he categorised […]
Polish service provider Netia has signed a preliminary agreement to buy 100% of shares in TK Telekom from the Polish railway, PKP Group. Netia will pay PLN221 million (€54.5 million) for TK Telekom, in a deal that will expand Netia’s infrastructure footprint and increase its fibre network footprint with approximately 7,500km of fibre backbone. “The […]
Liberty Global is prepared to make more significant M&A deals and is looking at the German market, and cable operator Tele Columbus in particular, according to CEO Mike Fries. In an interview with German stockmarket newspaper Börsen-Zeitung, Fries said an acquisition in German cable market could be interesting for Liberty, and signalled interest in number […]
