Wednesday, October 22, 2008

More Mergers

On the heels of the Onstream/Narrowstep takeover, Jump TV is taking over NeuLion. Consolidation is a wise step under current market conditions, although it remains to be seen whether Onstream will maintain their market listing on NASDAQ.

I have heard on good authority that NeuLion gets most of its business through family connections, but, with MediaZone and Setanta going from strength to strength, Jump TV need to add more sports properties to shore up their acquisition of Cycling TV last year.

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