Broadcasting
West African Business Platform Takes over TStv’s HQ over Debts
West African Business Platform Ltd., a law firm has taken possession of the Abuja Headquarters office of Telcom Satellite Ltd. Television (Tstv) due to its inability to pay its rent.
The Abuja Headquarters office of the television company is situated at Plot 1191, Jahi District, off Gilmore Construction Company, FCT.
The property was taken over on Tuesday following the judgment entered in favour of the plaintiff by Justice Yusuf Halilu of the FCT High Court in Nov. 2019.
Officers from the execution unit of the FCT High Court, including four police officers were stationed in the premises during the takeover.
The law firm through Mr Raphael Adakole, its principal, had filed the suit in 2018 with No. CV/2739/18 against the television company and Mr Bright Echefu, managing director.
Filing of the suit was due to the inability of the television company to meet up with the tenancy agreement entered between the plaintiff and defendants on May 1, 2017.
The law firm had particularly sought the order of the court to declare that the tenancy agreement between the plaintiff and defendants had elapsed by effluxion of time.
It also prayed the court for an order directing the defendants to give up vacant possession of all the five storey building of the office complex together with its appurtenances, fixtures and fittings thereof.
An order of the court directing the defendants to restore and reinstate the property of the plaintiff to a tenantable and good condition to the satisfaction of the plaintiff was outlined in the tenancy agreement.
The suit also contained an order of the court mandating the defendants to pay to the plaintiff the sum of N20, 833, 333, being the profit from May 1, 2018 to Sept. 2018.
It also issued an order of the court computing the profit of the demised premises at the rate of N4, 166, 666.666, being the calculated profit per month from May 2018 until the defendants give up vacant possession to the plaintiff.
An order of the court mandating the defendants to pay the sum of N20 million as general damages to deter and serves as a lesson from treating other unsuspecting landlords in such manner.
It also prayed the court for an order of N10 million against the defendants being the cost of the suit and any other order the court might deem it fit in the circumstances of the suit.
Justice Halilu, who declared that the defendant did not defend the action in spite of the receipt of document from the court stipulating the hearing notices granted all the prayers of the plaintiff in line with the law.
“I must state here that it is the duty of the court to evaluate all evidence before it can come to conclusion of the case; the court must treat as sacrosanct the terms of an agreement freely entered into by the parties.
“The terms of a contract between parties are clothed with some degree of sanctity and if any question should arise with regard to contract, the terms in any document which constitute the contract are invariably the guide to its interpretation as set out by them.
“Indeed, a defendant who has no defense to a certain claim shall not be allowed to dribble and cheat a claimant out of judgment,” he said.
Justice Halilu however said that following the consequences of the action of the defendants, judgment is hereby entered against them.
Nigerian Institute of Public Relations (NIPR) has announced the postponement of its maiden annual Public Relations, Reputation, Ideas, Concepts and Excellence (PRICE) Awards and Prizes to January 25, 2026.
NIPR
The event, earlier scheduled for December 7, 2025, was deferred to accommodate stakeholders whose observance of Christmas festivities had commenced earlier than expected.
Chairman of the Organising Committee, Mr. Israel Opayemi, urged stakeholders to note the new date and prepare to participate in the ceremony.
He said the awards would motivate professionals, practitioners and scholars, while enhancing Nigeria’s global competitiveness in the public relations ecosystem and strengthening brand equity for all stakeholders.
Opayemi reaffirmed the Committee’s commitment to delivering a best-in-class award administration and ceremony, describing the PRICE Awards as a credible and enduring platform to identify, celebrate and elevate outstanding individuals, campaigns and organisations shaping the public relations landscape across sectors.
The development of the PRICE Awards peaked in September 2025 when the NIPR President and Chairman, Council, Dr. Ike Neliaku, inaugurated a 12-man committee to organise the maiden edition. The inauguration followed the Council’s adoption of the report of a technical team tasked with establishing the awards.
Netflix has announced a landmark agreement to acquire Warner Bros. and HBO Max in a transaction valued at $82.7 billion, a move analysts say will reshape the global entertainment industry.
Netflix
The deal, which includes Warner Bros.’ film and television studios, HBO, HBO Max, and Warner Bros. Games, was unanimously approved by the boards of both companies. Under the terms, Warner Bros. Discovery (WBD) shareholders will receive $23.25 in cash and $4.50 in Netflix shares for each WBD share.
Netflix co-CEO Ted Sarandos described the acquisition as “a defining moment” for the streaming giant, noting that the company intends to maintain Warner Bros.’ current operations while expanding its production capacity.
“By combining Warner Bros.’ incredible library of shows and movies with Netflix’s culture-defining titles, we can give audiences more of what they love and help define the next century of storytelling,” Sarandos said.
The transaction is expected to close within 12 to 18 months, following the planned spin-off of WBD’s TV networks division, Discovery Global, in 2026. Netflix projects annual cost savings of $2–3 billion by the third year after completion and expects the deal to be accretive to earnings per share by year two.
Industry groups, including the Directors Guild of America and Cinema United, have raised concerns about the impact on movie theaters, while regulators are expected to scrutinize the deal over antitrust issues. Netflix has pledged to continue supporting theatrical releases, with Warner Bros.’ cinema commitments running through 2029.
Warner Bros. Discovery CEO David Zaslav hailed the agreement, saying it “combines two of the greatest storytelling companies in the world to bring to even more people the entertainment they love.”
Observers note that the acquisition comes 15 years after former Time Warner chief Jeff Bewkes dismissed Netflix as “the Albanian army,” underscoring the dramatic shift in the entertainment landscape.
A major shake‑up rocks viewers and subscribers of DSTV/GOTV as many channels are set to shut down and be removed on January 1, 2026.
The trigger for the upcoming shut‑down is a breakdown in negotiations between the owners of multiple global channels and the pay‑TV operator.
As of December 2025, the deal between Warner Bros. Discovery (WBD) and DStv/GOtv has expired and the two parties have not reached a renewal agreement.
Without a new carriage/distribution agreement, the channels belonging to WBD risk being pulled off the DStv/GOtv line‑up.
This is the most significant content cutback the service has seen in years.
The affected channels are:
Discovery Channel
TLC
Cartoonito
Cartoon Network
CNN International
Food Network
The Travel Channel
TNT
Investigation Discovery
Real Time
HGTV
Discovery Family
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