{"id":641128,"date":"2017-09-13T03:53:45","date_gmt":"2017-09-13T03:53:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/13\/falcon-groups-tawassol-acquires-al-hayat-tv\/"},"modified":"2017-09-13T03:53:45","modified_gmt":"2017-09-13T03:53:45","slug":"falcon-groups-tawassol-acquires-al-hayat-tv","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/13\/falcon-groups-tawassol-acquires-al-hayat-tv\/","title":{"rendered":"Falcon Group\u2019s Tawassol acquires Al Hayat TV"},"content":{"rendered":"<p><strong>M&A WATCH-<\/strong> Tawassol for Public Relations acquired 100% of television network Al Hayat in a EGP 1.4 bn transaction, <a href=\"http:\/\/www.almalnews.com\/Story\/345595\/61\/%D8%AA%D9%88%D8%A7%D8%B5%D9%84-%D8%AA%D8%B3%D8%AA%D8%AD%D9%88%D8%B0-%D8%B9%D9%84%D9%89-%D8%B4%D8%A8%D9%83%D8%A9-%D8%AA%D9%84%D9%8A%D9%81%D8%B2%D9%8A%D9%88%D9%86-%D8%A7%D9%84%D8%AD%D9%8A%D8%A7%D8%A9-%D8%A8%D8%A7%D9%84%D9%83%D8%A7%D9%85%D9%84\">Al Mal reports<\/a>. Tawassol is <a href=\"http:\/\/falcongroupinternational.org\/news_details.php?n=65\">owned by security company Falcon Group<\/a>. Al Hayat\u2019s debts surpassed EGP 1 bn during the past period, and held on to only EGP 700k out of EGP 91 mn in advertisement revenues during Ramadan, with the remainder being directed towards debt services, network owner Al Sayed Al Badawi said, <a href=\"http:\/\/www.almalnews.com\/Story\/345609\/15\/%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D9%88400-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87-%D9%82%D9%8A%D9%85%D8%A9-%D8%B5%D9%81%D9%82%D8%A9-%D8%A8%D9%8A%D8%B9-%D9%82%D9%86%D8%A7%D8%A9-%D8%A7%D9%84%D8%AD%D9%8A%D8%A7%D8%A9\">according to the newspaper<\/a>. The television broadcaster\u2019s financial troubles <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/17\/al-hayat-repays-egp-20-mn-debt-to-empc-broadcasting-resumes\/\">came to the fore in July<\/a>, when the Egyptian Media Production City decided to cut off services provided to the network due to the latter\u2019s failure to make good on EGP 20 mn in overdue payments. CI Capital <a href=\"http:\/\/www.youm7.com\/story\/2017\/9\/12\/%D8%B4%D8%B1%D9%83%D8%A9-%D8%AA%D9%88%D8%A7%D8%B5%D9%84-%D8%AA%D8%B3%D8%AA%D8%AD%D9%88%D8%B0-%D8%B9%D9%84%D9%89-%D9%82%D9%86%D8%A7%D8%A9-%D8%A7%D9%84%D8%AD%D9%8A%D8%A7%D8%A9-%D9%88%D8%AA%D8%AA%D8%B3%D9%84%D9%85-%D8%A7%D9%84%D8%A7%D8%B3%D9%80%D8%AA%D9%88%D8%AF%D9%8A%D9%87%D8%A7%D8%AA-%D8%A7%D9%84%D8%A3%D8%B3%D8%A8%D9%88%D8%B9-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\/3409808\">was financial advisor<\/a> on the transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Tawassol for Public Relations acquired 100% of television network Al Hayat in a EGP 1.4 bn transaction, Al Mal reports. Tawassol is owned by security company Falcon Group. Al Hayat\u2019s debts surpassed EGP 1 bn during the past period, and held on to only EGP 700k out of EGP 91 mn in advertisement [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-641128","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"12eca457-01a2-401c-b840-42d6fa783054","order":"0","is_powered_by":true,"section_story_id":"3d048b2e-707e-4e56-b1a7-0552bbf8a448","story_type":"1","photo_url":"","photo_position":"above","related_issue":[641116],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Falcon Group\u2019s Tawassol acquires Al Hayat TV - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/13\/falcon-groups-tawassol-acquires-al-hayat-tv\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Falcon Group\u2019s Tawassol acquires Al Hayat TV\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Tawassol for Public Relations acquired 100% of television network Al Hayat in a EGP 1.4 bn transaction, Al Mal reports. Tawassol is owned by security company Falcon Group. Al Hayat\u2019s debts surpassed EGP 1 bn during the past period, and held on to only EGP 700k out of EGP 91 mn in advertisement [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/13\/falcon-groups-tawassol-acquires-al-hayat-tv\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-13T03:53:45+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/13\/falcon-groups-tawassol-acquires-al-hayat-tv\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/13\/falcon-groups-tawassol-acquires-al-hayat-tv\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Falcon Group\u2019s Tawassol acquires Al Hayat TV\",\"datePublished\":\"2017-09-13T03:53:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/13\/falcon-groups-tawassol-acquires-al-hayat-tv\/\"},\"wordCount\":133,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/13\/falcon-groups-tawassol-acquires-al-hayat-tv\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/13\/falcon-groups-tawassol-acquires-al-hayat-tv\/\",\"name\":\"Falcon Group\u2019s Tawassol acquires Al Hayat TV - 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Egyptian Media Group (EMG) has acquired struggling television station Al Hayat, EMG announced on Thursday, Youm7 reports. The brief statement provides no detail on the transaction value. Al Hayat ran into financial trouble last year that saw Egyptian\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641409,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/tawassol-looking-to-launch-al-hayat-english-channel\/","url_meta":{"origin":641128,"position":1},"title":"Tawassol looking to launch Al Hayat English channel","author":"enterpriseam admin","date":"20 September 2017","format":false,"excerpt":"Tawassol for Public Relations is considering launching an English channel of Al-Hayat, which it acquired last week, Chairman Sherif Khaled said yesterday, Al Mal reports.","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631412,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/18\/economic-court-sequesters-al-hayat-tvs-trademarks-for-failing-to-repay-debts-to-mbc\/","url_meta":{"origin":641128,"position":2},"title":"Economic court sequesters Al Hayat TV\u2019s trademarks for failing to repay debts to MBC","author":"enterpriseam admin","date":"18 March 2018","format":false,"excerpt":"An economic court issued a ruling on Thursday to sequester Al Hayat TV\u2019s trademarks due to the network failing to repay USD 6 mn of debts owed to MBC, Al Mal reported. MBC had raised a lawsuit after Al Hayat had fallen behind on its debt repayments to the Saudi\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631499,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/mbc-moves-to-block-any-disposal-of-al-hayat-tv-trademarks\/","url_meta":{"origin":641128,"position":3},"title":"MBC moves to block any disposal of Al Hayat TV trademarks","author":"enterpriseam admin","date":"20 March 2018","format":false,"excerpt":"TV network MBC, through its Egyptian attorneys Shahid Law Firm, have already requested the nullification of any acts of disposal which could take place in connection with the trademarks of Al Hayat TV, the attorneys informed us. This comes in relation to Thursday\u2019s economic court ruling to sequester Al Hayat\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645276,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/al-hayat-repays-egp-20-mn-debt-to-empc-broadcasting-resumes\/","url_meta":{"origin":641128,"position":4},"title":"Al Hayat repays EGP 20 mn debt to EMPC, broadcasting resumes","author":"enterpriseam admin","date":"17 July 2017","format":false,"excerpt":"The Egyptian Media Production City (EMPC) resumed broadcasting Al Hayat TV channels yesterday after the television network\u2019s chairman Al Sayed Badawi repaid its debts to EMPC, Ahram Gate reports. EMPC had decided earlier this month to cut off services provided to the network, including electricity, due to EGP 20 mn\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":644863,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/media-production-city-stops-al-hayat-channels-broadcasting-over-debts\/","url_meta":{"origin":641128,"position":5},"title":"Media Production City stops Al Hayat channels broadcasting over debts","author":"enterpriseam admin","date":"5 July 2017","format":false,"excerpt":"Media Production City pulls the plug on Al Hayat TV: Broadcasting of Al Hayat TV channels was halted on Monday after the Egyptian Media Production City\u2019s (EMPC) management decided to cut off services provided to the network, including electricity, due to overdue payments. The EMPC said in a statement carried\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=641128"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641128\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/641116"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=641128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=641128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=641128"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=641128"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=641128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}