Bending Spoons is acquiring Brightcove in a $233 million all-cash deal, valuing the company at $4.45 per share and taking it private. This marks Bending Spoons’ entry into the enterprise SaaS market, leveraging Brightcove’s streaming expertise. However, the deal raises…
DirecTV announced plans to terminate its agreement to acquire Dish Network and Sling TV on Friday, November 22, citing Echostar's failure to secure a $9.75 billion debt exchange deal with creditors. DirecTV CEO Bill Morrow emphasized the company's strong balance…
Mediaocean has agreed to acquire Innovid for $500 million, merging it with its 2021 acquisition Flashtalking to create a leading independent ad tech company focused on creative, CTV, and ad delivery across multiple channels. The deal, closing in early 2025,…
The Streaming Wars compiled key industry reactions to Comcast’s decision to spin off its cable networks, signaling a strategic pivot to streaming, broadcast, and sports. Analysts view the move as an acknowledgment of legacy cable's declining value amidst the collapse…
The Streaming Madman critiques the recent wave of cable network devaluations and corporate spinoffs, framing them as desperate attempts by media conglomerates to offload failing assets. Paramount, Warner Bros. Discovery, and now Comcast have written down or restructured billions in…
Comcast is spinning off its NBCUniversal cable networks, including MSNBC and CNBC, into a separate $7 billion entity to focus on streaming and broadcast growth. Bravo, NBC, and Peacock will remain within NBCUniversal. The spinoff, expected to take a year,…
Sony is in talks to acquire Kadokawa Corporation, the Japanese media giant behind Elden Ring, Ringu, and recent Cannes premiere Kubi. The move aligns with Sony's strategy to expand its IP portfolio, which includes Crunchyroll and Aniplex. Both companies have…
Liberty Media has filed for EU approval to acquire an 86% stake in MotoGP rights holder Dorna for €4.2 billion (approximately $4.47 billion USD). Dorna will remain independently operated under Liberty’s Formula One Group, with CEO Carmelo Ezpeleta staying on.…
Reliance Industries and Disney have merged their media assets, including Star India, Viacom18, JioCinema, and Hotstar, in an $8.5 billion deal, creating one of India’s largest entertainment entities. The joint venture combines over 100 TV channels, 30,000 annual hours of…
The Wrap reports that Skydance Media, led by David Ellison, has struggled financially since 2021, with losses reaching $56 million in 2023 and 40% lower year-over-year revenue in the first half of 2024. Despite being valued at $4.75 billion, Skydance…
