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KKR, Axel Springer deal; DAZN Italian channel; Sky Studios' acquisition


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KKR, Axel Springer deal; DAZN Italian channel; Sky Studios' acquisition


* Axel Springer SE shareholders, representing 27.8% of the company's share capital, has accepted KKR & Co.'s offer to buy out minorities in the German media company, exceeding the 20% threshold. The execution of the offer remains subject to antitrust, foreign trade and media law approval.

* Perform Group Ltd.'s sports streaming service DAZN is close to sealing a deal to launch a TV channel on Sky Italia SRL's satellite pay TV platform, Advanced Television reports, citing La Repubblica. DAZN is also reportedly in talks to offer its content on Telecom Italia SpA's IPTV service TIMvision.

* Sky Studios, the production outfit owned by pay TV giant Sky Ltd., has acquired a 24.9% stake in True to Nature, a U.K.-based producer of high-end natural history content. Under the deal, Sky Studios will provide support to beef up and expand TTN's operations. TTN and Sky Studios will also jointly develop content to be aired on Sky's various platforms. Comcast Corp. owns Sky.

* California-based cloud video platform and software provider Ooyala Inc. may soon have a physical presence in Japan again, following an acquisition by French provider of media workflow and asset management solutions Dalet SA, Patricio Cummins, Ooyala vice president for Asia-Pacific and Japan, told S&P Global Market Intelligence.


* ProSiebenSat.1 would consider a close long-term partnership with Italian shareholder Mediaset SpA for its Media For Europe venture, reports Reuters. ProSiebenSat CEO Max Conze said both companies would have to adequately prepare for a collaboration, which would be unlikely until the new year due to other commitments.

* RingCentral Inc. said unit Ringcentral UK Ltd. has agreed with Fujitsu Ltd. to provide enterprise cloud communications and contact center solutions in markets including Austria, Belgium, Denmark, France, Ireland, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the U.K.


* inc. has appointed Jayne-Anne Gadhia as CEO of its Salesforce U.K. and Ireland operations, effective Oct. 1. The company plans to invest about $2.5 billion in its U.K. business over five years.

* Liberty Global PLC announced plans to launch modified Dutch auction cash tender offers for an aggregate total value of up to $2.5 billion. The tender offers will consist of up to $625 million class A ordinary shares at an expected price range of $25.25 to $29.00 per share and up to $1.875 billion class C ordinary shares at an expected price range of $24.75 to $28.50 per share.

* Apple Inc. is launching a series of workshops, dubbed Made in LDN, to help participants improve their skills in coding, design and photography. The workshops will run from Aug. 10 to Sept. 3.


* ProSiebenSat.1 Media SE announced a revenue increase of 4% to €947 million for the second quarter. However, adjusted EBITDA decreased 18% within a year to €213 million.

* D-force, the joint venture between German public broadcasters ProSiebenSat.1 and Mediengruppe RTL Deutschland GmbH has been given regulatory approval. The German Federal Cartel Office Bundeskartellamt confirmed that the joint venture providing online video and TV advertising services would be allowed to proceed.

* 360kompany GmbH, which provides a regulatory technology platform for businesses, secured an undisclosed amount of funding from UNIQA Ventures GmbH and Raiffeisen Bank International AG's corporate venture capital arm Elevator Ventures. Existing investors, including the European Super Angels Club, increased their stakes in Kompany.


* Altice USA Inc. teamed up with French audio company Devialet SAS for a new high-fidelity home speaker dubbed Altice Amplify. The home speaker, which is compatible with all TV systems, also includes Inc.'s Alexa built-in for voice control of smart devices, music playback and more, the company said.

* Iliad unit Free has decided now to extend its 50 GB offer until Aug. 14, after cutting the price of its 10 GB offer last week, according to Univers Freebox. For €8.99 per month for one year, Série Free includes unlimited calls, SMS and MMS, 50 GB in mainland France, and 4 GB per month in roaming from Europe and DOM in 3G and 4G.


* Luxembourg's National Data Protection Commission is in discussions with Amazon in relation to Alexa users' voice recording, over earlier reports that conversations are transmitted back to the company, BBC News reports. A formal investigation has not been launched at this point.

* VodafoneZiggo reported 1.5% growth in second-quarter total revenue, for the first time since the formation of the joint venture. VodafoneZiggo further reports an increase in operating income by €22 million year over year to €33 million.

* T-Mobile Netherlands BV reported revenue growth of 1% year over year in the second quarter. Including the results of the recently acquired Tele2 Nederland BV, revenue grew 44% year over year to €458 million. Deutsche Telekom AG owns T-Mobile netherlands, while Tele2 AB owns Tele2 Netherlands.

* The Netherlands Gambling Authority imposed a €350,000 fine on Gibraltar-based online gambling website for offering online sports betting and gambling services without a license.

* The Antwerp corporate court approved plans for reorganization of the Belgian Apple reseller Switch, Datanews reports. The company will reportedly be protected against its creditors until Feb. 1, 2020, to implement a reorganization and to find investors.


* The Swedish broadband firm IP-Only AB will reinforce its compliance standards in the face of growing complaints, writes SVT Nyheter. About 180 complaints over the standard of IP-only's work were filed with the National Board for Consumer Disputes from January to June.

* Tinius Trust has acquired an additional 55,392 B-shares in Schibsted ASA, according to a news release. The shares were purchased via Blommenholm Industrier AS, a Tinius subsidiary. Blommenholm Industrier now owns 28,188,589 A-shares and 29,982,377 B-shares in Schibsted.

* Nokia Corp. will bring a commercial 5G network to New Zealand under a deal with Vodafone New Zealand Ltd. Nokia will deliver and integrate a 5G network to the Vodafone Group PLC unit for a launch in Auckland, Wellington, Christchurch and Queenstown by year-end 2019.


* Altice Portugal SA secured two concrete bids for its fiber-optic network assets, Telecompaper reports, citing Lusa. Altice Europe owns Altice Portugal.

* Cosmote SA rolled out its Cosmote Fiber service in seven areas in the city of Thessaloniki, Greece, Telecompaper reports. Users in the areas will be able to access broadband speeds of up to 200 Mbps.

* Enel SpA's wholesale broadband unit Enel Open Fiber SPA rolled out its fiber optic services in Rome, Telecompaper reports.

* GO PLC named Reuben Attard as its CFO, effective Oct. 1. Attard is joining the Maltese operator from Corinthia Group, where he is finance chief of the international hotel and real estate development arm.


* The European Commission has raised initial antitrust concerns over the network-sharing agreement between O2 Czech Republic as and T-Mobile Czech Republic as, along with Ceska telekomunikacni infrastruktura as. The commission noted that the network sharing, which began in 2011 and has since expanded, restricts competition in the Czech Republic's more densely populated areas.

* Huawei Technologies Co. Ltd. has acquired Russian Java developer Excelsior, which holds office at the Chinese company's research center in Novosibirsk, Telecompaper reports, citing The deal's terms were not revealed.

* Holding company Haxus has acquired a stake of about 40% in app developer Prisma labs inc. for an undisclosed sum, Telecompaper reports, citing The stakes were acquired from Group Ltd. and another unnamed shareholder.

* Russian operator Mobile TeleSystems PJSC will bring together its satellite, IPTV, cable and mobile TV operations under a new unit to be known as MTS Media, Broadband TV News reports, citing Kommersant. MTS Media will also reportedly produce and distribute video content.

* PAO Sberbank of Russia is teaming up with music platform Zvooq to launch its music streaming service, Telecompaper reports, citing Vedomosti. The state-owned bank is also in talks with Yandex NV and's music services on the plans.

* Magyar Telekom named Lubor Zatko as its chief technology and IT officer, effective Oct. 1. Broadband TV News reports. Zatko will also sit on the Hungarian operator's management committee.


Telia CEO to step down; Nexon ups Embark Studios stake: Telia CEO Johan Dennelind is stepping down in 2020, while Nexon increased its stake in Embark Studios to 72.8%


Media & Communications Quarterly Industry Presentations — Q2'19: Kagan presents its latest quarterly reports, examining industry trends and data for Internet Media & OTT, Programming & Film, Technology, U.S. Multichannel, Global Multichannel, Broadcast, Advertising, TV Networks, Mobile and Consumer Insights.


Fox's affiliate revenue growth drives fiscal Q4 beats: The company's total revenues jumped 5% year over year to $2.51 billion in the quarter ended June 30, up from $2.39 billion in the prior year quarter.

Anne Freier, Amanda Kelly, Marieke Pijnappels and Gerard O'Dwyer contributed to this report.

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