Over-the-top providers are apparently taking into their own hands the growth of online video advertising, with Ooyala as the latest to acquire an advertising services platform. The provider announced this week that it had entered an agreement to buy Videoplaza, which offers premium video ad serving platforms and programmatic trading to companies in the Asia-Pacific and Europe regions. Terms of the deal weren't disclosed.
Taking a major step forward in its bid to challenge Nielsen in the business of TV audience measurement, Rentrak has acquired the Kantar business unit from advertising conglomerate WPP for $98 million in common stock.
The sale of troubled regional sports network CSN Houston to AT&T and DirecTV now appears likely, with a bankruptcy court judge ruling against Comcast on the key matter of the network's remaining value.
The FCC will stop the "shot clock" on its 180-day review of the proposed merger between Comcast and Time Warner Cable, and will give critics of the deal more time to voice dissension.
DirecTV shareholders approved the satellite TV provider's proposed merger with AT&T, an action that removes one of the final hurdles to the blockbuster telecom transaction.
DirecTV shareholders are more than okay with the proposed buyout of the company by AT&T. The satellite operator said Thursday that shareholders overwhelmingly approved the merger, with 99 percent voting in favor on a base representing 77 percent of all outstanding company shares.
Representatives for Starz met in Los Angeles Tuesday with 21st Century Fox, discussing the possibility of having the conglomerate buy the premium cable programming service.
Through their joint venture Otter Media, AT&T and the Chernin Group have confirmed their earlier reported intention to buy YouTube programming network Fullscreen. The size of the deal is not yet known, but Re/code puts Fullscreen's valuation at somewhere between $200 million to $300 million.
Top YouTube multichannel network Fullscreen is officially being acquired by Otter Media, the joint venture between AT&T and the Chernin Group. The deal could be worth between $200 million and $300 million, Re/code reported, although the exact sale price wasn't revealed.
Dish Network Chairman Charlie Ergen has reached out to Deutsche Telekom to express interest in buying its majority stake in T-Mobile, according to Bloomberg, which cites sources with "knowledge of the matter."