Video streaming software and services provider Accedo and OTT platform provider Magine Pro have signed a binding agreement to merge their respective SaaS departments, Accedo One and Magine Pro, into a new jointly owned company.
The new entity will start operating following customary regulatory approvals, which are expected in December 2025. Markus Hejdenberg, the current CEO of Accedo One, will step into the CEO position of the new company, while Matthew Wilkinson, current CEO of Magine Pro, will become Chief Commercial Officer.
Kamal Bherwani will be appointed as Chairman of the Board. The new entity will operate separately from the Accedo Group but use Accedo’s global network, resources and reach as a key business partner and reseller of products and solutions.
Wilkinson said: “With the maturing market for streaming, we believe that the winners will be the companies that can best help customers build thriving OTT businesses. Accedo is an ideal partner to create a joint venture with Magine, given their global reach, mature tech stack and headquarters in Stockholm, Sweden.”
FCC orders early review of Disney’s TV licenses after Trump comments
The Federal Communications Commission has ordered The Walt Disney Company, American Broadcasting Company, and television subsidiaries to file early license renewal applications for their television stations.
Adolescence and The Celebrity Traitors lead winners of Bafta TV Craft Awards
Adolescence and The Celebrity Traitors led the winners for this year’s Bafta Television Craft Awards, taking home two prizes each.
Luma, Wonder Project, and AWS launch AI production services company
AI video generation startup Luma and US production outfit Wonder Project have launched a new production services company, backed by Amazon Web Services, which combines generative AI and traditional filmmaking.
RTL unveils management team after Sky Deutschland takeover
European broadcasting giant RTL Group has unveiled a new German management team for RTL Deutschland, days after gaining regulatory approval for its takeover of pay-TV operator Sky Deutschland.
LaLiga claims record blow against audiovisual piracy
Spain’s Criminal Chamber of the National Court has reportedly handed down one of the largest compensation awards in the history of Spain for an intellectual property offence to LaLiga football league, in a record blow against audiovisual piracy.
.jpg)
.jpg)