Virgin Media, the UK cable operator owned by John Malone’s Liberty Global, has agreed a major merger with telecoms giant Telefonica’s British mobile company O2 in a deal worth £24B ($29.57B).
The two companies will form a 50:50 joint venture, which Liberty Global and Telefonica hopes will become an internet and mobile…
Liberty Global, the pan-European video and broadband group and parent of Virgin Media, said CEO Mike Fries donated $1 million out of his 2020 salary to a $4 million fund to help employees affected by the COVID-19 crisis. The rest of the executive team is donating $1 million of salaries and directors fees and the…
Liberty Global said Monday it has extended its European partnership with Netflix in a multi-year deal to continue offering Liberty’s 11 million video subscribers access to the streaming service.
It didn’t give a time-frame for the deal.
The partnership is Liberty Global leveraging its next-generation high-speed…
Univision may be selling itself to Liberty Global and a smaller rival called Hemisphere Media, a Spanish-language broadcaster in Miami that bills itself as "the only publicly traded pure-play U.S. media company targeting the high growth U.S. Hispanic and Latin American markets."
The news, reported first by Bloomberg…
German broadcaster ProSiebenSat.1 will decide the fate of its production outfit Red Arrow Studios before Christmas after exploring a sale in recent months.
The sale process is in the final stages following a detailed appraisal of Red Arrow by investment bank Morgan Stanley, which has overseen proceedings since…
John Malone has completed a selloff of his stake in Lionsgate, with the studio’s chairman Mark Rachesky agreeing to purchase 2,399,571 Class A voting shares from the media mogul and his personal affiliated entities for $22.05 million.
Malone previously sold off a total of 517,437 Class A voting shares between…
All3Media, the international production company owned by Discovery and Liberty Global, is going to bring two of its indies closer together as part of a restructure.
The back-office functions of Cash Cab maker Lion TV and Lime Pictures, which produces Netflix teen drama Free Rein, will be combined, although the…
Liberty Global has wrapped up the sale of operations in Germany, Hungary, Romania and the Czech Republic in a transaction valued at $21.3 billion according to U.S. accounting rules.
Net cash proceeds are about $11.3 billion, Liberty Global estimated.
After the transaction, Liberty will still be the No. 1 provider of…
UPDATED with video clip.Netflix content chief Ted Sarandos, in a lengthy sit-down with Liberty Global CEO Mike Fries, covered a host of topics, including talent agencies producing content, Disney’s streaming outlook and Netflix’s M&A future.
The pair spoke onstage Friday night at SeriesFest in Denver, an emerging…
The Marvelous Mrs. Maisel, Good Omens and Jack Ryan are set to be made available to Virgin Media TV subscribers in the UK after parent company Liberty Global struck a deal with Amazon Prime Video.
The Amazon Prime Video app is to be integrated into Virgin Media's Ultra HD V6 set-top box, marking the first deal in…
The Rook is a supernatural spy drama – a genre particularly suited to be made by "naturally duplicitous" Brits, according to exec producer Stephen Garrett. Character Seven boss Garrett, who co-founded Broadchurch producer Kudos, also discussed the departure of Twilight author Stephenie Meyer from the Starz drama.
The R…
John Malone will retire from the Charter Communications board of directors, but continue to serve as a director emeritus.
The 77-year-old Malone said in a statement that he resigned from the board in order to reduce travel and focus on fewer board positions.
“I remain heavily invested in Charter, both financially and…
