by Virginia Anziano | Aug 28, 2024 | Audiovisual Market in General
After long months of negotiations, the transaction arranged between audiovisual giant Paramount Global and movie and TV studio Skydance Media for the acquisition of the former has been confirmed. Announced on July 7, the agreement provided for a “go-shop” period...
Uruguay:
TCC, Nuevo Siglo and Montecable are granted approval to form a consortium
by Virginia Anziano | Jul 17, 2024 | Telecommunications
The three Uruguayan Cable TV companies based in Montevideo −TCC, Nuevo Siglo and Montecable- have already been granted regulatory approval to form a consortium. As a result, they will start joint operation of both Pay TV and fixed Internet services. The application...
Mexico:
Fox Corp. to acquire Fox Sports México from Grupo Lauman
by Virginia Anziano | Jun 21, 2024 | Pay TV
On June 21, Mexico’s Federal Institute of Telecommunications (IFT) unexpectedly issued a resolution authorizing Fox Corporation (Fox Corp.) to acquire all the assets belonging to Fox Sports México, a sports channels network run by Grupo Lauman, which is owned by...
Global:
Skydance not to acquire Paramount Global: Redstone declines offer and puts an end to negotiations
by Virginia Anziano | Jun 11, 2024 | Audiovisual Market in General
After several months of negotiations, audiovisual entertainment giant Paramount Global will not be acquired by Skydance Media studio. Even though in the last few days there have been reports in the US press about an imminent close of the deal, National Amusements...
Latin America:
HBO Max to become Max next February 27 in the region
by Virginia Anziano | Jan 24, 2024 | OTT / VOD
Audiovisual giant Warner Bros. Discovery (WBD) has finally set a date for the official launch of Max in Latin America. The new streaming platform, which will include the whole catalogs of its two current OTTs (HBO Max and Discovery+), is to launch on February 27. In...