BuzzFeed said on Monday media entrepreneur Byron Allen will take over as the digital media company’s next CEO after he entered into a deal to buy a stake of about 52% in the digital media company for $120...
Media
More states join legal challenge to Nexstar, Tegna merger
Five more U.S. states are joining an antitrust lawsuit challenging Nexstar’s acquisition of rival broadcaster Tegna after a judge temporarily blocked the deal from proceeding, according to California’s...
RTL wins unconditional EU antitrust approval for Sky Deutschland acquisition
European broadcaster RTL secured unconditional EU antitrust approval for its Sky Deutschland acquisition on Wednesday after regulators said the deal would not pose any competition concerns in Europe. The deal would...
Mega deals less likely, but media M&A show to stay strong in 2026
Media and entertainment deal activity is set to remain strong in 2026, with transactions increasingly concentrated in content, gaming, sports and AI-first companies with strong intellectual property (IP), say top...
Paramount in talks for Gulf backing in Warner takeover, WSJ reports
Paramount Skydance is in talks to secure signed equity commitments of almost $24 billion from three sovereign wealth funds led by Saudi Arabia to help back its takeover of Warner Bros Discovery, the Wall Street...
RTL to offer remedies, likely to win early EU approval for Sky Deutschland bid, sources say
European broadcaster RTL is set to offer remedies in the coming days to address EU antitrust concerns over its acquisition of Sky Deutschland, in a move likely to help it secure early regulatory approval for the deal...
AMG Media Networks completes acquisition of IANS India
AMG Media Networks, a wholly owned subsidiary of Adani Enterprises, has completed the acquisition of the balance stake in IANS India [24% Category I shares (with voting rights) and 0.74% Category II shares (without...
FCC approves $3.5 billion sale of Tegna to Nexstar despite state objections
The Federal Communications Commission said on Thursday it approved the $3.54 billion sale of local television station owner Tegna to Nexstar, despite objections from Democratic-led states. Soon afterward, Nexstar said...
Canal+ buys majority stake in Italian film producer Lucky Red
French global media group Canal+ said on Tuesday it had acquired a majority stake in Lucky Red, one of Italy’s leading independent film distribution and production company, giving the group its first...
ProSieben keeps ParshipMeet, Flaconi as it explores sale of other digital units, sources say
ProSiebenSat.1, the German broadcaster controlled by Italy’s Berlusconi family, will keep online units ParshipMeet and Flaconi for now, while looking to sell the rest of its digital portfolio, three sources with...
Axel Springer buys UK’s Telegraph for $766 million, ending ownership limbo
German media group Axel Springer said on Friday it had agreed to buy Britain’s Telegraph Media Group for 575 million pounds ($766.3 million) in cash, bringing to an end a prolonged period of uncertainty over the...
Italy’s Agnelli family sells La Stampa daily after 100 years of ownership
Italian media group GEDI has signed a preliminary deal with regional publisher SAE to sell newspaper La Stampa, the two companies said on Wednesday, putting an end to 100 years of ownership by the Agnelli family. La...
