Browsing Tag

merger

96 posts
The logos of Netflix and Warner Bros. Discovery displayed side by side. The Netflix logo is in bold red letters, while the Warner Bros. Discovery logo features a blue shield with the initials 'WB' inside. Both logos are shown against a white background.

Netflix buys Warner Bros.

Netflix will acquire Warner Bros. Discovery’s studios, HBO/HBO Max and content libraries in a $82.7 bn deal, a massive consolidation that may reshape streaming and media production.
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DNEG’s Brahma Acquires Metaphysic

Brahma, the AI division of DNEG, has acquired Metaphysic, a leading developer of AI content creation technologies, to accelerate the development of AI-powered products for content creators across industries.
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Sonic Acquires Simple Star

The provider of digital-media software and online services expands Roxio's consumer product line with a web community for multimedia applications and sharing services.
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Microsoft’s Ultimatum to Yahoo! Expires

In the multibillion-dollar takeover battle for Internet corporation Yahoo!, software giant Microsoft's ultimatum for an amicable agreement expired yesterday evening. Microsoft is threatening a hostile takeover if no purchase agreement is reached with Yahoo!'s management. However, the software corporation recently also did not rule out withdrawing its offer altogether. What happens after the deadline is therefore unclear.
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EMC to Acquire Iomega

EMC Corporation, the world's largest provider of information infrastructure solutions, and Iomega Corporation, a leading provider of data storage and security solutions for consumers and small businesses, today entered into an acquisition agreement.
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skyDSL gets going again

skyDSL is continuing and ensuring service for its customers. Swiss investment company Mountain Super Angel AG has signed a purchase-option agreement with TELES AG for the skyDSL division. The agreement enables the investment company to acquire a majority stake in TELES Wireless Broadband Internet GmbH by 28.01.2008.
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Freenet Sale Called Off for the Time Being

A sale of telecommunications provider Freenet AG is off the table for the time being. After reviewing the strategy, which included both a complete sale and a split into individual parts, Freenet decided to remain independent, the company announced in Büdelsdorf.
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Axel Springer AG Intends to Sell ProSiebenSat.1 Stake

Axel Springer Aktiengesellschaft intends to conclude a purchase agreement with fellow shareholder KKR/Permira on the sale of its indirect stake in ProSiebenSat.1 Media AG (12 percent each of the ordinary and preference shares). The purchase price for the shares amounts to a total of Euro 509,359,881.60 (average Euro 19.40 per ordinary and preference share).
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Internet hype 2007: The return to madness

Internet companies with unusual names, low revenues and few customers can once again be sold at high prices, writes the New York Times (NYT) according to pressetext. It seems as if investors have already forgotten the effects of the burst dot-com dreams from the beginning of the millennium.
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Senator Acquires the Rights to The Reader

Senator acquires the film rights to Bernhard Schlink's bestseller The Reader, starring Nicole Kidman (including “Moulin Rouge”, “The Hours”) and Ralph Fiennes (including “Schindler's List”, “The Constant Gardener”).
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Vizrt Acquires Curious Software

Vizrt Ltd. has announced the signing of the purchase agreement with the shareholders of unlisted Curious Software Company Ltd. Under the agreement, Curious Software will be acquired in full by Vizrt.
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Roxio Buys Pressplay and Plans Napster Relaunch

With the acquisition, Roxio has acquired a legal infrastructure for the distribution of digital music as well as catalog rights to the five largest music labels. Pressplay will serve as the basis for relaunching Napster as a legal online music service.
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