The maker of mobile games such as “Cookie Jam” and “Panda Pop,” is acquiring game studio Ludia in the deal announced Wednesday.
European broadcaster RTL said its German unit would acquire publishing house Gruner + Jahr from its parent Bertelsmann for 230 million euros ($272 million), as it reported strong results and raised its guidance. The agreed deal will "create Germany's first cross-media champion", RTL CEO Thomas Rabe said, after he launched a series of deals this year to merge or sell its TV operations in France and the Benelux countries. Rabe, who also heads Bertelsmann, has embarked on a strategy of consolidating Europe's national TV markets in the face of competition from U.S. streaming giants led by Netflix and Amazon Prime.
European media giant RTL Group reached a deal to sell SpotX, its U.S. ad-tech subsidiary, to Magnite for $1.17 billion in cash and stock. Magnite said that with the acquisition of SpotX, the combined entity will “create the largest independent [connected TV] and video advertising platform in the programmatic marketplace.” The sale of SpotX to […]