M&A


Kwesé acquires ‘significant stake’ in Iflix SVOD service

Econoet Media-owned pay TV provider Kwesé has acquired a “significant stake” in Iflix Africa. The deal deepens the two companies’ existing partnership, with Kwesé and Iflix first partnering in August to launch a version of the latter’s emerging markets SVOD service in sub-Saharan Africa. Iflix now has operations in Nigeria, Kenya, Ghana and South Africa, […]

Game of Thrones producer creates prodco with Beta & ZDF

Germany’s Beta Film and ZDF Enterprises (ZDFE) have joined forces with Game of Thrones producer Frank Doelger to create a new drama business for the international market. Intaglio Films will operate as a joint venture out of Berlin, and will aim to develop, finance and produce English-language programming. Doelger (left), who is known for executive […]

Chinese conglom buys Mediapro majority shareholding

Chinese conglomerate Orient Hontai Capital (OHC) has confirmed it is taking a majority holding in Spanish-language production giant and broadcaster Imagina Media Audiovisual (Mediapro). The deal sees OCH acquiring the stakes of Torreal, Televisa and co-founder Gerard Romy’s Mediavideo, which owned 22.5%, 19% and 12% respectively. This means OCH will own 53.5% overall and that […]

Aalderink and Lubbers band with MGM in Euro formats push

US studio MGM has set up a Dutch-based formats development operations with European programming execs Roy Aalderink and Peter Lubbers. The creation of Concept Street comes after MGM scored a coproduction pact with Redseven Entertainment in Germany last November to create local shows and remake MGM formats. The new Dutch company will have a similar […]

DRG buys into ex-ITV Studios execs’ new prodco

UK distributor DRG is planning to invest in a spate of production companies, and has kicked off the strategy with a deal for a stake in a new firm from a pair of former ITV Studios execs. DRG is buying into Double Yellow Television, which Mark Wells and Glen Middleham launched to create new factual, […]

Comcast looking again at Fox after higher bid was rejected – report

Comcast made an offer last year for 21st Century Fox that was significantly higher than Disney’s successful bid, and may make a fresh move to acquire the company, or its European pay TV arm Sky, according to the Wall Street Journal. The Journal, citing unnamed sources, reports that Comcast made a bid for Fox that […]

TDC board could drop MTG plans as potential bidder appears

TDC’s board of directors could drop plans to buy MTG’s broadcasting and entertainment business after being approached by a potential bidder for the full company. In a statement released this morning TDC said its board “would intend to withdraw its recommendation of the transaction with MTG to combine MTG’s Nordic entertainment and studios businesses with […]

Ex-MTV CEO McGrath steps down from Sony prodco as Embassy Row steps in

Former MTV Networks CEO Judy McGrath will leave her chief executive role at Astronauts Wanted, the youth-skewed prodco she co-founded with Sony Music. The US production outfit will to move from Sony Music to Embassy Row, the Sony Pictures Television-owned prodco behind Netflix’s Comedians in Cars Getting Coffee (pictured). McGrath was a key figure at […]

Kaplan exits Sony as Le Goy expands role

Andy Kaplan is one of three president-level executives leaving Sony Pictures Entertainment (SPE), with worldwide distribution chief Keith Le Goy rising in the reshuffle. Kaplan (pictured) has been with Sony or its affiliates for nearly 30 years, and has greatly expanded the US studio’s channels operations in his most recent role. However, he will leave […]

Discovery-Scripps deal okay with European Commission

The European Commission has cleared Discovery Communications’ proposed US$14.6 billion buyout of Scripps Networks Interactive. The greenlight marks an important step towards completion of the deal, with Discovery stating it expects the acquisition to close later this quarter ­– subject to obtaining additional antitrust clearances and satisfying other customary closing conditions. The EC’s approval is […]

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