Media Capital


Altice abandons Media Capital acquisition

Atlice has abandoned its attempt to acquire the leading Portuguese broadcaster and production group Media Capital in the face of lack of progress to secure regulatory approval of the deal. Altice said that, one year after signing the contract and with no outcome of the regulatory process in site, it was calling time on the […]

Portuguese watchdog rejects Altice remedies for Media Capital deal

Portugal’s competition watchdog the Autoridade da Concorrência (AdC) has rejected remedies proposed by Altice to secure a green light for its planned acquisition of the country’s leading broadcast and media group, Media Capital. An AdC spokesman told Reuters that the decision was not definitive and that the door was open to Altice to propose further […]

Portuguese watchdog opens in-depth investigation into Altice

Portuguese competition regulator the Autoridade da Concorrência (AdC) has opened an in-depth investigation into Altice’s planned acquisition of the country’s leading broadcaster and media group Media Capital. The AdC said that, based on the evidence gathered so far, there were strong indications that the deal will give rise “significant impediments” to competition in “several markets”, […]

Altice Portugal strikes deal with Netflix

Altice Portugal/Meo has added Netflix to its TV offering via the MEObox. The global subscription video-on-demand leader will appear in the MEObox user grid on channel 88. Meo said it would also soon make 1,200 hours of Netflix 4K content available via the MEObox 4K, its new 4K UHD TV set-top. The agreement will bring […]

Portuguese regulator fails to agree position on Altice Media Capital deal

Portuguese media, communication and society regulator the Entitade Reguladora para a Communição Social (ERC) has failed to reach a consensus decision on Altice’s proposed acquisition of the country’s leading commercial broadcast group, Media Capital. The ERC, responding to competition watchdog the AdC’s consultation on the deal, said it was unable to produce a unanimous opinion […]

Portuguese regulator slams Altice acquisition of Media Capital

Portuguese media and communications regulator ANACOM has said that Altice’s proposed acquisition of Media Capital would have a significant anti-competitive impact and should not happen in its current form. In a submission to the country’s competition watchdog, the AdC, which is looking into the bid by Altice’s Meo to acquire Media Capital, ANACOM said that […]

Altice names new CEO for Portugal

Altice has named Cláudia Goya as the new CEO of Portugal Telecom, with immediate effect. Goya replaces Paulo Neves, who is taking on the role of chairman of the Altice group in Portugal. The change follows Altice’s deal to acquire Portuguese media group Media Capital. Neves will be charged with leading the regulatory process to […]

Altice in talks to buy Portugal’s Media Capital

Cable and telecom group Altice is in ‘exploratory discussions’ with Iberian media group Prisa to take over Portugal’s Media Capital. Confirming the talks following a request by the Portuguese Securities Market Commission, the Commissão do Mercado de Valores Mobiliários, Altice said that it was discussion the potential acquisition of Prisa’s stake in Media Capital. Lisbon-based […]

Nos adds new reality channel

Portuguese pay TV operator Nos is to add a new channel from Media Capital, TVI Reality. The channel will joint existing Media Capital services TVI, TVI24 and +TVI on the platform. The new channel will feature a new reality show from TVI, A Qunta, targeted at a mass audience.

Media Capital beats market trend to limit fall in operating income

Portuguese media group Media Capital managed to limit its first-quarter decline in operating income to 2% year-on-year, despite an estimated decline of 12% in the country’s overall advertising market. The group said its net income improved by 11% year-on-year due a reduction in net financial charges. Media Capital’s TV broadcasting arm, including TVI, posted EBITDA […]