Tag: M&A

“anything Less Than This Will Be Rejected”: Industry Unites in Call for Streaming Standard

The Australian entertainment industry calls for the streaming service regulations to abide by the National Cultural Policy with 20% revenue investment within 3 years, transparent and incorruptible models, and investments in diverse First Nations storytellers. Minimum terms of trade should be adhered to with a three-year acquisition limit to encourage new content production.

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SEN Sells NZ Media Assets

SEN is selling its NZ digital and audio assets to TAB NZ for $3.7m to pay off its $28m debt and keep its sports holdings. CEO Craig Hutchison needs to reduce debt before August 2021 and a previous financial filing caused concern. SEN produces sports programmes, owns Rainmaker, Bravo and talent like Scott Cam.

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Paramount: Stock Jumps as Bellator Sale, Severance Pacts Add to ‘M&a Narrative’

Paramount Global’s stock rose 6% Monday amid speculation of more M&A. The company is offering severance if executives are terminated after a change in control and recently sold MMA promoter Bellator to Professional Fighters League, reportedly with a minority ownership stake. Terms of the sale remain undisclosed as Wall Street is skeptical of Shari Redstone’s plans.

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Liberty Global’s Fries: ‘Grinding’ European Telecoms Industry Needs Consolidation

Liberty Global is making strategic investments in edge computing and planning up to $1 billion of disposals in 2020, while simplifying their equity story and taking the company private. VMO2 is increasing prices and Sunrise/UPC are merging in Switzerland. DOCSIS 4.0 upgrades may be implemented in the Netherlands. Liberty will look at how to value its operating companies and allocate capital effectively.

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What Could Save Paramount+ and Peacock From Consolidation? Live Sports, Robust Libraries

Peacock and Paramount+ are streaming services with live sports, library content and focus on profitability. They offer subscription options, such as $20 savings for Paramount+ and exclusive library from NBCUniversal for Peacock. These services could be acquisition targets for Disney+ or Netflix, but live sports is a great complement to their less flashy original series.

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