Paramount Skydance Corp on Wednesday gained European Union antitrust approval for its $110 billion acquisition of Warner Bros Discovery after agreeing to ditch a film distribution joint venture with Universal Pictures...
Media
Federal judge halts Paramount and Warner merger for at least two weeks
A federal judge on Monday ordered Paramount and Warner Bros Discovery to halt their $81 billion merger for at least two weeks, allowing states that are challenging the deal more time to see their case through in court...
Thomson Reuters to sell 51% stake in global print business to KKR for $500 million
Thomson Reuters said it would sell a 51% stake in its Global Print business to KKR for about $500 million and form a venture with the private equity firm that would hold an exclusive license to distribute its content in...
Oregon to ask court to delay Paramount deal for 60 days while it reviews records
The Oregon attorney general will ask a court to pause Paramount’s $110 billion bid to acquire Warner Bros for 60 days, saying on Tuesday the company withheld records on its lobbying efforts. While Paramount has...
Rolling Stone magazine parent buys Vox Media in digital media expansion
Penske Media Corp said on Thursday it has acquired Vox Media, becoming the largest publisher in digital media, adding titles such as The Verge and Punch to a portfolio that already includes Rolling Stone, Billboard...
Bertelsmann says US authorities have approved BMG/Concord merger
German media group Bertelsmann on Wednesday said U.S. competition authorities have approved the planned merger of its music division BMG with rival Concord in a deal that would create the world’s fourth‑largest...
Chinese regulators clear Paramount Skydance-Warner Bros Discovery merger, source says
Chinese regulators have cleared the $110 billion merger between Paramount Skydance and Warner Bros Discovery, according to a source familiar with the decision. The antitrust ruling comes on the heels of similar...
Fox to acquire Roku in $22 billion deal to boost streaming ambitions
Fox Corp is buying Roku in a cash-and-stock deal valued at about $22 billion, marking a significant bet for the broadcaster that the streaming platform will strengthen its advertising business and expand online reach...
US Justice Department clears Paramount’s acquisition of Warner Bros
The U.S. Justice Department’s Antitrust Division said it has cleared Paramount Skydance Corp’s planned $110 billion acquisition of Warner Bros. Discovery, saying it was unlikely to harm competition or...
Bain Capital enters bidding war for Australia’s oOh!media after rival offers
Australian advertising firm oOh!media said on Tuesday it had received indicative takeover offers from Bain Capital and other financial sponsors, triggering a three-way bidding war with I Squared Capital and Pacific...
IMAX is exploring sale, WSJ reports
Cinema operator IMAX is exploring a sale and has approached entertainment companies as potential buyers, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The process is at an...
James Murdoch to acquire New York Magazine and Vox Media Podcast Network
James Murdoch agreed to acquire New York Magazine and the Vox Media podcast network in a deal that will significantly expand his portfolio and stands to boost his influence over news and entertainment. The deal, valued...
