The owners of All3Media, Britain’s largest independent TV production company, are exploring options that include cashing out on their joint venture in a deal worth more than 1 billion pounds ($1.26 billion), three people familiar with the matter said. Liberty Global and Warner Bros. Discovery are considering selling their stakes in All3Media to a third party or one of them buying the other out, the sources said.
Univision may be selling itself to Liberty Global and a smaller rival called Hemisphere Media, a struggling 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.”
Media mogul John Malone’s Liberty Global has taken an interest in STX Entertainment, the startup film and TV studio behind the Bad Moms movies. Liberty Global, Malone’s international television and broadband provider run by CEO Michael Fries, has invested an undisclosed amount in the Burbank studio, the companies said Thursday.
DENVER (AP) — International cable TV company Liberty Global says it is acquiring Cable & Wireless Communications, a London-based telecommunications company with operations in the Caribbean, for stock and a […]
Billionaire John Malone continues to circle Lionsgate. Lions Gate Entertainment Corp., the parent of the Santa Monica television and film studio, said Tuesday that it was selling 6.8% of its shares to two companies: Discovery Communications and Liberty Global. Malone holds a significant stake in both Discovery and Liberty Global. Discovery and Liberty Global each will pay about $195 million for a 3.4% stake in Lions Gate, according to the companies.
Exclusives
The deal, if it is completed, would broaden Liberty Global’s presence in the Caribbean and Latin America.
John Malone’s international cable company Liberty Global has bought Ireland’s commercial broadcaster TV3 in a deal worth up to €87 million ($96 million). The deal was made between Liberty Global’s UPC Ireland and U.K. private equity group Doughty Hanson, which bought TV3 in 2006 for €265 million ($292 million).
John Malone’s Liberty Global has bought a 6.4% stake in ITV, the U.K.’s leading commercial TV broadcaster. Liberty Global already owns the territory’s leading cabler, Virgin Media. Liberty Global paid £481 million ($824 million) to buy the shares from the Rupert Murdoch-controlled U.K. satcaster BSkyB. Liberty told ITV and U.K. regulators that it has no intention to make a full takeover bid for the company.
It remains to be seen whether cable operators will try to mimic Aereo if its approach to delivering broadcast TV — without paying for it — passes muster at the Supreme Court. But at least one major MSO was interested enough in Aereo that it tried to buy a stake in the company: Liberty Global, the international cable operator led by Chairman John Malone, at one point considered investing in the TV-streaming startup but ultimately decided not to, according to CTO Balan Nair.
The Wall Street Journal is reporting that John Malone agreed to give the chief executives of Discovery Communications Inc. and Liberty Global PLC the right of first refusal to acquire his voting stakes in those companies. WSJ subscribers can read the full story here.
