Broadcast-streaming. Haim Saban is buying camera equipment specialist Panavision and Sim Video International in a $622m cash and stock deal. The transaction is aimed at creating a comprehensive production and post-production entity serving the hot SVOD market. It will be named Panavision Holdings Inc. and is expected to continue to trade on Nasdaq. Saban will pay Panavision shareholders $368m in cash and 8.1m shares of Saban stock with another 6m shares vesting over time. Sim’s investors will receive $110m in cash and 3.1m shares. The $622m transaction reflects a multiple of approximately 5.9x fiscal year 2018 EBITDA. Haim Saban is the founder of Saban Entertainment, producer and distributor of children’s television programs in the US such as Power Rangers. He previously headed the German TV network ProSiebenSat1 and Univision Communications.