French media group Banijay will buy a majority stake in betting firm Tipico from private equity group CVC, it said on Tuesday, in a move that will create one of Europe’s biggest online gaming operators. Banijay, whose...
Grindr shareholders offer to take dating app private for $3.46 billion
Two Grindr board members, part of an investor group that owns more than 60% of the company, have proposed to take one of the world’s most recognized dating platforms for the LGBTQIA+ community private for about $3...
David Ellison’s Paramount seen as front-runner for Warner Bros Discovery deal
David Ellison’s Paramount Skydance is seen as the top contender to buy Warner Bros Discovery, with analysts and experts saying the tech scion’s access to deep pockets and Washington ties give him an edge in...
Warner Bros rebuffs Paramount takeover approach, Bloomberg News reports
Warner Bros Discovery has rebuffed Paramount Skydance’s initial takeover approach as too low, Bloomberg News reported on Saturday. Warner Bros rejected Paramount’s offer of around $20 per share in recent...
Australia media groups announce $274 million merger as they battle streaming giants
Australia’s Seven West Media said it would merge with Southern Cross Media to create a A$417 million ($273.97 million) metropolitan and regional media group to better compete with global streaming platforms. Seven...
Italian MFE in talks on possible purchase of stake in Portugal’s Impresa
MFE-MediaForEurope, the TV group controlled by Italy’s Berlusconi family, is in exclusive talks on the purchase of a relevant stake in the Portuguese media group Impresa, Impresa said on Saturday. It said in a...
What hurdles lie ahead for any US-China TikTok deal?
Questions and potential hurdles surround a framework agreement announced on Monday between the U.S. and China that would switch short-video app TikTok to U.S.-controlled ownership, including whether any deal will comply...
Paramount Skydance preparing bid for Warner Bros Discovery, source says
Paramount Skydance is preparing a bid to buy Warner Bros Discovery, a source familiar with the matter told Reuters on Thursday, potentially bringing together two storied Hollywood studios and reshaping the entertainment...
Paramount Skydance preparing bid for Warner Bros Discovery, source says
Paramount Skydance is preparing a bid to buy Warner Bros Discovery, a source familiar with the matter told Reuters on Thursday, potentially bringing together two storied Hollywood studios and reshaping the entertainment...
Minute Media acquires video editing software startup VideoVerse
Minute Media, a global sports publishing and ad technology platform, has acquired Alpha Wave Global-backed video editing software startup VideoVerse, the company said on Tuesday. With this acquisition, Minute Media...
Italy’s Bending Spoons to take Vimeo private in $1.38 billion deal
Video platform Vimeo, whose popularity surged during the pandemic, said on Wednesday it will be acquired by Italian app developer Bending Spoons for about $1.38 billion, a deal that would take it private after more than...
Nexstar to buy smaller rival Tegna for $3.54 billion in big local-TV deal
Nexstar Media has agreed to buy smaller rival Tegna for $3.54 billion, creating a local-TV powerhouse that seeks to compete better with Big Tech and national media for advertising dollars. Acquiring Tegna will expand...
