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...
Banijay, All3Media to merge entertainment businesses to create one of Europe’s largest multimedia product
Banijay Group and All3Media, owned by investment firm RedBird IMI, have agreed to merge their entertainment production businesses to create one of Europe’s largest multimedia production groups, the companies said...
Axel Springer backs Dovid Efune’s $675 million Telegraph bid, challenging DMGT offer
Axel Springer is backing a new bid for Britain’s Telegraph Media Group submitted by U.S. publisher Dovid Efune, a spokesperson for the German group and a source said on Friday, challenging DMGT’s proposed...
Warner Bros weighs reopening sale talks with Paramount, Bloomberg News reports
Warner Bros Discovery is considering reopening sale talks with rival Hollywood studio Paramount Skydance after receiving its hostile suitor’s most recent amended offer, Bloomberg News reported on Sunday, citing...
Universal Music wins conditional EU nod for Downtown acquisition
Universal Music Group secured EU antitrust approval for its acquisition of Downtown Music on Friday after agreeing to sell the latter’s royalty services platform to address competition concerns. The $775 million...
Comcast-owned Sky’s $2.2 billion ITV deal talks have slowed, sources say
Comcast-owned Sky’s talks with ITV about buying its broadcast channels and streaming platform have slowed in recent weeks, three people with knowledge of the matter said, as the battle to buy Warner Bros Discovery...
