Friday, May 01, 2015

Betting Big On TV

I was sitting by the river in the pub next door with my old friend Allan McLennan from Padem last night and we were trying to remember when there had been so much top flight M&A activity in the global TV industry.

Charter is circling TWC after Comcast pulled out, but Comcast has only just bedded down UNBC, whilst in Europe there are stories that Vivendi may bid for the the recently rolled up Sky whilst Liberty, owners of Virgin, have discounted increasing their stake in ITV, but have themselves become subject to the attentions of Vodafone and their cash pile.

Apple meanwhile has a cash pile that would roll them all up...

"May you live in interesting times", as the Chinese curse says.