Acquisitions


MTG sells Trace stake at €40 million valuation

MTG has agreed to sell its 75% stake in youth broadcaster Trace in a deal that values 100% of the business at an enterprise value of €40 million (approximately SEK 392 million). MTG agreed to sell its majority stake in the media group to TPG Growth, a division of investment firm TPG that has more […]

STX president Sophie Watts steps down

STX Entertainment president Sophie Watts is set to step down from the company “to focus on new business opportunities”, according to the company. All divisions previously reporting to Watts will now report directly to CEO Bob Simonds or COO Thomas B. McGrath. Watts directly oversaw STX’s digital, VR and unscripted TV studios and was instrumental […]

Mediawan to acquire French firms including Eurocorp TV

Mediawan, an independent European audiovisual content firm, is set to acquire Storia Television, the company created to sell EuropaCorp’s TV business, and majority stakes in Makever and Mon Voisin Productions. Mediawan is looking to become ‘the leading French producer of TV fiction’ by purchasing EuropaCorp Television (minus its US business), after Europacorp sold the division to […]

Sky gains majority stake in Avanti Media

Sky Vision has announced a new deal with prodco Avanti Media that will see the production and international distribution arm of Sky increase its stake in the company to 51%. Sky Vision acquired a minority stake in the company in early 2017 and has increased its property following a “successful working relationship”. The companies already […]

Netflix bolsters Indian offer with new Discovery net fare

Netflix is attempting to make up lost ground in India by snagging rights to programming from a new local Discovery-operated network. Netflix has beaten off the likes of Amazon Prime Video to land programming from Jeet, a new channel launching in India next month on DTH and cable platforms. The deal means Netflix has exclusive […]

Bucks sought from BoJack Horseman’s off-Netflix syndication

Netflix’s adult animation comedy-drama BoJack Horseman is headed for US syndication. LA-based distributor Debmar-Mercury, which specializes in syndaication deals, will take the quirky series to the basic cable market. This could interest the likes of TNT, AMC and FX. This marks an evolution for original Netflix commissions, which have long holdbacks in order for shows […]

Sky New Zealand stares into Hard Sun & eyes American Gods

Sky New Zealand has acquired new pre-apocalyptic BBC drama Hard Sun, as well as Starz and Amazon drama American Gods and Foxtel’s Picnic at Hanging Rock. All three series count FremantleMedia International as their distributor, and each will play on Sky’s SoHo basic tier channel following the new deal. Hard Sun, which comes from Luther […]

Hulu revives Animaniacs with Spielberg & Warner Bros.

US streamer Hulu has ordered a new version of Warner Bros. Animation (WBA)’s cartoon franchise Animaniacs, with Steven Spielberg returning as executive producer. Spielberg’s Amblin Televsion is producing the revival, which has landed a straight-to-series order of two seasons, with WBA. New episodes will launch on the VOD service in 2020, and they represent the […]

A+E strikes wide-ranging programming deal with Verizon

A+E Networks has scored a programming output deal with US telco and digital business Verizon. This will see shows such as Knightfall, Leah Remini: Scientology and the Aftermath and Live PD playing on various Verizon platforms, which include Yahoo and AOL (now known collectively as Oath). Verizon Fios customers will be able to access content […]

Indian SVOD net lands Awesomeness content deal

Indian SVOD service Hotstar is targeting the Gen-Z audience after striking a content deal with youth-focused US firm Awesomeness. This will see shows such as Freakish, T@gged and Confess joining the Hotstar library. Hotstar, which faces competition in India from the likes of Amazon Prime Video and Hooq, already has partnerships with the likes of […]

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