Fresh off the closure of his blockbuster $17.7 billion acquisition of Cablevision, Altice's Patrick Drahi said he will bring the company's Israeli news channel, i24 News, to the U.S. market within the next year.
Even as Yahoo considers second-round offers for its core business from a shortlist of potential buyers-- including Verizon, which is offering $3 billion for at least part of the company-- the search engine and online advertising provider is considering putting up around 3,000 of its patents for sale in a separate auction.
FilmOn TV Media Networks (FOTV), which recently snapped up transactional service CinemaNow, has added a much more powerful content discovery platform with the acquisition of OVGuide.
New York state regulators have postponed today's scheduled vote on Altice's proposed $17.7 billion purchase of Cablevision to June 16.
On Saturday, Yahoo provided the first-ever live stream of the fabled Berkshire Hathaway investor conference, giving people at home a look inside the goings-on of the annual event held at BH headquarters in Omaha.
New over-the-top player Verizon has purchased a 24.5 percent stake in AwesomenessTV, a youth-focused digital media company that branched out from its original roots as a YouTube multichannel network.
Yahoo recently set April 11 as the date to submit preliminary bids for its core search and display advertising business, setting off speculation again about whether Verizon will acquire the embattled Web property. But while gaining Yahoo's ad business wouldn't "catapult Verizon to the top" of the advertiser heap, a new Wall Street Journal article says, the purchase would give Verizon and AOL a stronger competitive edge.
Vanguard Video, an HEVC and H.264 video encoding provider with customers like Netflix, Microsoft, Imagine Communications and other major OTT service providers, has been acquired by Beamr, a media optimization vendor, for an undisclosed amount.
Verizon and AOL's media-focused IP transport wing, Verizon Digital Media Services is taking closer aim at the broadcast industry with its latest acquisition, Volicon, a video capture and archiving vendor. Terms of the deal were not disclosed.
Verizon would roll Yahoo's video assets in with AOL, the unit that until its purchase last May was a direct competitor to Yahoo. But what benefits could Yahoo's assets provide to Verizon's video strategy? Which ones would be redundant?