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US Federal Communications Commission chairman Ajit Pai has referred Sinclair Broadcast's proposed $3.9 billion purchase of TV station owner Tribune Media for judicial review, saying the acquisition...
Jul 17, 2018
After a miss on Monday's earnings report, the streaming giant's stock stumbled over a cliff in after-hours trading, falling by some 14%. It shed an additional 5% Tuesday. What gives?
Lantern Capital has finalized its $289 million purchase of The Weinstein Company. But now the firm faces two lawsuits from those who felt they were squeezed out of the deal.
Bytedance, which owns news aggregation app Toutiao, is considering going public in a Hong Kong offering that could value it at more than $45 billion, per The Wall Street Journal. The company has...
Jul 13, 2018
Comcast has raised its bid for Sky to £26 billion after 21st Century Fox increased its offer for the stake of the UK broadcaster it does not already own to £24.5 billion. Fox reportedly expects to...
Jul 12, 2018
Martin Sorrell has beaten WPP—the advertising giant he ran for 33 years before leaving in April—to the acquisition of agency MediaMonks. The €300 million deal, completed via his new vehicle S4...
Jul 11, 2018
The Irish Times has completed the acquisition of Landmark Media's publishing and media interests, including rival newspaper the Irish Examiner along with its websites and radio station interests....
Comcast has reportedly started seeking buyers for several regional sports networks currently owned by 21st Century Fox as a way to ease antitrust concerns regarding Comcast's proposed acquisition...
Jul 10, 2018
Spanish language television company Univision has begun exploring a sale of Fusion Media, according to The Wall Street Journal. The move comes after Univision scrapped plans to go public earlier...
Jul 9, 2018
After years of circling the TV business, Apple is dipping its toes into the streaming video waters with production agreements with the likes of Oprah Winfrey and Steven Spielberg.
July 09, 2018
July 03, 2018
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