eOne Launches $100 Million Film Acquisition Fund
By Stuart Kemp for The Hollywood Reporter Entertainment One has set up a $100 million film acquisition fund as the freshly appointed president of its international film division, Harold van Lier, gets his feet under his desk. Van Lier is launching eOne …
Rakuten Acquires OTT Service Viki
By Stewart Clarke for TBI Vision Japanese e-commerce giant Rakuten has bought multi-language over-the-top service Viki. Rakuten already owns Wuaki.TV, an over the top service that is available in Spain and earlier this year outlined ambitious plans to launch throughout …
Twitter Acquires Trendrr to Build Social TV Offerings
By Digital Media Wire Trendrr CEO and Founder Mark Ghuneim announced today on the company’s blog that the company is being acquired by Twitter. Here’s the full announcement: “Over the last five years we have led the way in working with real-time …
AOL Acquires Web Video Company Adap.TV for $405 Million
By Peter Kafka for All Things D Tim Armstrong hasn’t bought anything for a couple years. Now he has made his biggest purchase since taking over AOL in 2009: AOL is buying Web video company Adap.TV for $405 million in cash and …
RTL Set to Take on Netflix with Acquisition of Videoland VOD
By Robert Briel for Broadband TV News RTL Nederland is preparing for a battle with Netflix by taking a majority share in the Dutch VOD service Videoland. RTL has announced that the broadcaster has acquired 65% in The Entertainment Group …
Blinkx Acquires Grab Media
By Julian Clover for Broadband TV News Blinkx has acquired online video content syndication and advertising platform Grab Media. The Internet media platform said it was an all cash transaction, but did not disclose the sums involved. Blinkx hopes it …
BSkyB Invests in US Tech Company 1 Mainstream
By Andrew McDonald for TBI Vision BSkyB has acquired US$2 million of convertible debt security in US-based distribution platform for linear and on-demand video, 1 Mainstream. Sky said that on top of the securities, which can typically be changed …