New York, New York – AMC Networks Inc. (NASDAQ: AMCX) announced on February 3, 2014 that it has completed its acquisition of substantially all of Chellomedia, the international content division of Liberty Global (NASDAQ: LBTYA), for €750 million (approximately $1.0 billion USD). “Chellomedia has a collection of strong, well-established and well-managed assets worldwide and we’re excited about the long-term growth opportunity this acquisition represents for AMC … [Read more...] about AMC Networks completes acquisition of Chellomedia
Liberty Global
Liberty Global to acquire Ziggo
Denver and Utrecht, Netherlands – Liberty Global plc (“Liberty Global”) and Ziggo N.V. (“Ziggo”) have announced that they have reached a conditional agreement (the “Merger Protocol”) on a recommended offer (the “Offer”) pursuant to which Liberty Global will acquire Ziggo in a stock and cash transaction valuing Ziggo at approximately €10.0 billion ($13.7 billion). In … [Read more...] about Liberty Global to acquire Ziggo
AMC Networks to acquire Liberty Global’s Chellomedia
New York, New York – AMC Networks Inc has announced that it has reached a definitive agreement to acquire substantially all of Chellomedia, the international content division of Liberty Global for €750 million (approximately US$1.035 billion). The transaction is expected to close in the first quarter of 2014. The acquisition provides AMC Networks with an array of television channels that are distributed to more than 390 million households in 138 countries. The … [Read more...] about AMC Networks to acquire Liberty Global’s Chellomedia
Liberty Global to sell Chellomedia
Wall Street Journal reports that John Malone’s international cable business Liberty Global Inc., has put its Chellomedia television channel business up for sale, in a move that could lead to a deal valued at between $800 million and $1 billion, according to people familiar with the matter. Liberty Global, based in Englewood, Colo., owns a collection of broadband networks in more than a dozen countries including Germany and Belgium. Chellomedia is Liberty Global’s content division, … [Read more...] about Liberty Global to sell Chellomedia
Liberty Global to acquire Virgin Media
Englewood, Colorado – Liberty Global, Inc. and Virgin Media Inc. have entered into an agreement, subject to shareholder approvals, to which Liberty Global will acquire Virgin Media in a stock and cash merger valued at approximately USD$23.3 billion. The deal between the two companies was made with several objectives, including being one of the world’s leading broadband communications company covering millions of homes across 14 countries. The combined company will focus on the … [Read more...] about Liberty Global to acquire Virgin Media
Chellomedia acquires international MGM Networks from Metro-Goldwyn-Mayer Studios
Chellomedia, the international content division of Liberty Global, Inc., has acquired MGM Networks Inc. Metro-Goldwyn-Mayer Studios Inc. (MGM) will retain its network businesses in the U.S., Canada, UK, Germany and its joint venture interests in Brazil and Australia. The acquisition gives Chellomedia ownership of MGM Networks’ channels in Spain, Turkey, Israel, Benelux and Poland, India and Southeast Asia, along with the pan-EMEA channel and its associated feeds. Chellomedia has also … [Read more...] about Chellomedia acquires international MGM Networks from Metro-Goldwyn-Mayer Studios
