Dallas and El Segundo, California – AT&T and DirecTV announced on May 18 that they have entered into a definitive agreement under which AT&T will acquire DirecTV in a stock-and-cash transaction for US$95 per share based on AT&T’s closing price on May 16, resulting in an estimated price of US$48.5 billion. The agreement has been approved unanimously by the Boards of Directors of both companies. The transaction combines complementary strengths to create a unique new … [Read more...] about AT&T to acquire DirecTV
DIRECTV
Chinese companies enter Top 30 Global Media Owners for the first time
The top media owner is Google, which is by some distance the world’s largest media owner, with revenues 47% higher than the second-largest, DirecTV. This gap has widened from 39% in last year’s edition of the report, as Google’s core search function has benefitted from the rapid rise in search volumes from smartphones and tablets. Among the rest of the top five, DirecTV remains in second place and Comcast remains in fifth. Disney has overtaken News Corporation to take third … [Read more...] about Chinese companies enter Top 30 Global Media Owners for the first time
MIPTV: DCD Rights announces sales of new docs and music shows
Cannes – As MIPDOC opens for business, independent UK distributor DCD Rights has announced a raft of sales for its new line-up of music and documentary programming, as the shows launch in Cannes. George Michael Live at Palais Garnier Paris, a powerful concert and documentary from one of the world's most compelling and successful music superstars, has been snapped up by broadcasters globally, with acquisitions by AXS TV (USA), Foxtel (Australia), DirecTV (Latin America), Globosat (Brazil) … [Read more...] about MIPTV: DCD Rights announces sales of new docs and music shows
Globo offers free telecast of Carnival 2014
Globo is opening the signal of its international channels in Latin America, the United States, Japan, and Portugal (Globo Premium) during the biggest street festival of Brazil. In addition to watching the programming of Globo’s international channel totally free of charge, fans of Brazilian culture can also watch the Carnival parades. The free preview is an agreement between the Brazilian channel and DirecTV, Claro TV Paraguay, and GTD (Chile), in Latin America, Verizon, with exclusivity … [Read more...] about Globo offers free telecast of Carnival 2014
Global pay-TV subscribers to surpass 1.1 billion in 2019
Singapore – Worldwide pay-TV market reached 903.3 million subscribers in 2013, generating $249.8 billion in service revenue. IPTV operators enjoyed significant growth (18.5% YoY) in 2013 to 92 million subscribers with a total of $37.2 billion in service revenue. “Increasing FTTH subscriber base and bundled subscriber base of telcos are boosting the IPTV market. ABI Research forecasts that the IPTV subscriber base will grow to 161 million subscribers in 2019 accounting for … [Read more...] about Global pay-TV subscribers to surpass 1.1 billion in 2019
Scripps Networks Interactive names Managing Director for Asia Pacific
Knoxville, Tennessee – Derek Chang, who has made his mark in the satellite and cable television industry as one of the leading strategy and development executives, has been named Managing Director of Asia Pacific operations for Scripps Networks Interactive, Inc. Chang, who commences his role in April and based in Singapore, will report to President of International for Scripps Networks Interactive, Jim Samples. Chang will be responsible for designing and executing growth strategies in the … [Read more...] about Scripps Networks Interactive names Managing Director for Asia Pacific
