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Taking the live TV streaming sports and entertainment service’s total investment from institutional and private investors for the year to over $46 million, fuboTV has attracted a $20 million cash injection from Credit Suisse Capital.
Not long ago regarded as the hottest property, and indeed the future, in sports broadcasting, online sports and entertainment streaming site DAZN has reportedly been forced into seeking alternative funding after the coronavirus outbreak has seen revenue streams for regular sports dry up.
Leading European producer of TV series and feature films, StudioCanal, is increasing its current stake in StudioCanalTV/Tandem Productions to 100%, acquiring the remaining shares of partners Rola Bauer, Tim Halkin and Jonas Bauer.
Simultaneously making strategic moves on the corporate and consumer levels, pay-TV provider Sky has made a strategic investment in independent TV drama specialist production house Longboat Pictures while allowing users to binge on top TV box sets as part of new ReWatch campaign.
Claiming to be creating no less than a global entertainment content, digital media and OTT ‘powerhouse’, India-based global, entertainment company Eros International has entered into a definitive stock-for-stock merger agreement with STX Filmworks.
Following its acquisition of a minority stake in the company in December 2016, ViacomCBS Networks International (VCNI), has bought the shares that it did not own in Israeli content producer and pay-TV channel provider Ananey Communications Group.
