Saudi Arabia’s PIF plans to acquire minority stake in DAZN
A partnership will deepen Saudi Arabia's ties with DAZN, which already streams the Saudi Pro League, Saudi-funded boxing and the Six Kings Slam tennis event.
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A partnership will deepen Saudi Arabia's ties with DAZN, which already streams the Saudi Pro League, Saudi-funded boxing and the Six Kings Slam tennis event.
As part of the deal, shareholder loans valued at AU$578 million outstanding will be repaid in full and Foxtel's current debt will be refinanced at closing.
The all-stock deal will create the world’s largest advertising conglomerate.
The company has not revealed any financials details or offer terms.
By integrating Argoid AI’s advanced algorithms into Amagi’s existing platform, this acquisition will significantly boost the functionality of Amagi’s product suite, particularly the Amagi Now and Amagi Cloudport offerings.
The purchase of Wanda’s remaining ownership interest is the next strategic step in Legendary’s long-range growth plan.
Earlier this week, several media outlets reported that PIF is in talks to acquire an approximately 10% stake worth $1bn in the company.
This strategic move aims to enhance content discovery and personalisation, helping media companies optimize audience engagement and revenue generation.
Under the terms of the settlement, none of the parties will have any outstanding or continuing obligations or liabilities to the other.
Together, the partners intend to leverage their respective strengths to remain at the forefront of technology and innovation.
As part of the closing, the two partners have agreed that there will only be one Managing Director at Sport1.
As one of Lableb's earliest clients, Majarra has directly benefited from Lableb's Arabic technologies.
Skydance founder David Ellison will lead the combined company as CEO, while Jeff Shell will serve as President.
The joint announcement issued by the two companies puts the value of Multichoice at around $3bn.
Rani R. Raad, CEO of IMI, will also join the All3Media board following the deal.
As per the terms outlined in the agreement dated April 8, Canal+ retained the privilege to pursue additional acquisitions of shares.
Elie Habib, Co-founder and Chief Technology Officer of Anghami, is set to assume the role of CEO for the newly combined entity.
This partnership will enable Anghami to access MBC's extensive distribution network and potential collaborations for original content.
Marodi and Canal+ are currently working to set up an original slate of programming for a Canal+ channel in Pulaar, the language spoken by the Fulani community of Senegal, Guinea...
The companies will be combining their respective Star India and Viacom18 units into the newly created Star India joint venture, valued at roughly $8.5 billion on a post-money basis, excluding...
In 2022, Sowt acquired Finyal Studios, a podcast studio in Dubai that specialises in fictional content.
Canal+ is currently the largest shareholder in MultiChoice with a 31.67% stake.
Canal+ is currently the largest shareholder in MultiChoice with a 31.67% stake.
Sony issued a termination letter over the weekend after both parties failed to reach a consensus during the 30-day grace period, which ended January 20, 2024.
Philippe Monzein will continue as managing director of Pixagility and will report directly to William Linders, managing director of ODMedia.
CrossFlight delivers an array of sales tools designed to help broadcasters maximise revenue.
Sharon Taylor, CEO of Animal Logic, has stepped down from her position, and Karen Toliver, the Vice President and leader of Netflix Animation Film, will assume the role of CEO...
BluTV launched in 2016 in Turkey, expanded to MENA in 2018, and in 2021, partnered with Discovery+ as Discovery took a 35% stake.
Despite obtaining the necessary approvals for the merger between the two companies, disagreements arose regarding the selection of the chief executive officer for the combined entity.
The merged company will allow customers to listen to music and watch a movie via the same app.
PFL received a substantial investment from Saudi Arabia’s Public Investment Fund earlier this year, and also counts Kevin Hart, Mark Burnett and Wiz Khalifa as minority owners.
Acquiring Tellyo's business will enhance Amagi's video toolset for live sports and news broadcasts, while also facilitating business expansion in Eastern Europe.
Avid will once again operate as a privately-held company and remain headquartered in Burlington, Massachusetts.
Through the acquisition, Liberty Global aims to strengthen Telenet's business, modernise its network and cement its long-term position in Belgium.
Mauritius Telecom and African entertainment platform MultiChoice have announced a partnership to bring DStv Stream to Mauritius. The signing ceremony between Mauritius Telecom, represented by its CEO Kapil Reesaul and...
Completion of the India merger pushed to the end of 2023.
The partnership will harness the combined strengths of Alamiya's vast resources and Lyra Pictures' innovative film development strategies.
This merger will expand the range of services available to both companies' clients by combining iKOMG's tailored media solutions with STN's advanced satellite teleport capabilities.
The Qvest Group will extend TeraVolt's products and services through its global network of locations.
Andrew Davies, former EMEA head of Diversified Media & Entertainment and more recently at the helm of Nordlys Broadcast, will now take on the role of Group CEO at Mediability.
The combined company under the EditShare banner will be led by Ramu Potarazu, CEO of Shift Media.
Chabaka's CEO Ala'a Makki will continue to lead the company and support key team members in further expanding Chabaka's presence across geographies and business lines.
The announcement of Canal+'s acquisition of a controlling interest (70%) in SPI International was initially made in September 2021.
The deal is intended to combine the two companies’ linear TV networks, digital assets, production operations and programme libraries.
Avid to become a privately held company upon completion of the transaction.
Zeasn, Foxxum, and rlaxx TV will showcase their joint vision, products, and solutions at IBC 2023 in Amsterdam next month.
Media veteran and entrepreneur Dhar has been appointed group CEO of the combined entity following Banijay’s full buy-out of Endemol Shine India from CA Media.
Scopely will continue to be led by co-CEOs Walter Driver and Javier Ferreira.
Vice Group Holding filed for Chapter 11 bankruptcy on May 15, 2023.
The combined company will continue to be based in Riyadh, with offices in Dubai and soon in Neom’s Media Hub.
Karga Seven’s founders, Sarah Wetherbee, Emre Sahin and Kelly McPherson, will remain in leadership roles.
Michael Schüller has been appointed as the Managing Director of Fonn Group Dach.
Accedo will integrate eyecandylab's patented augmen.tv platform for XR applications and its Web3-based loyalty solution Watch&Earn.
As part of the deal, SEVEN will keep the brand name of AMC Cinemas - which in 2018 became the first cinema operator in the Kingdom.
Enco will retain the Rushworks product line and staff, providing a broader range of integrated hardware and software solutions for broadcast and AV customers worldwide.
The Switch is a global end-to-end live video production and transmission services provider with reach to top-tier sporting venues in North America.
With Claypaky as part of its corporate group, ARRI aims to become a major provider of lighting solutions for both motion pictures and live performances.
The LPM platform is based on a real-time network connected to various base stations placed around the measuring site.
The acquisition of Silvio Productions underscores Fremantle’s commitment to grow its presence in the premium documentary landscape and invest in talent-driven production companies.
Under Banijay, MoviePlus Productions will retain its identity, and continue to be operated by founding CEO David Mandil.
