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It may seem that virtually all deals in the broadcast and production industry have been put on hold during the global Covid-19 pandemic but ViacomCBS has got its deal to take a near-half stake in Miramax over the line.
Aiming to create a European leader in streaming technology, and continuing its development and pooling investments on a European scale, Groupe M6 has agreed to allow RTL Group to acquire a 50% stake in its Bedrock’s streaming technology unit.
Just over three months after it first announced that it was to acquire the leading producer and distributor, Banijay Group has revealed that it has raised from the investor community the necessary €2.378 billion to complete its buyout of Endemol Shine Group.
In an indication of how it is poised for growth in 2020, sports streaming platform Fanatiz has announced that it has closed a Series A funding round investment deal with Miami-based private investment firm 777 Partners worth $10 million.
As it looks to start the new year and indeed the new decade with leadership in 5G solutions, Ericsson has extended its credit facility with the Nordic Investment Bank (NIB) to $150 million.
