Merit Street Media, the startup founded by celebrity psychologist Phil McGraw, filed for bankruptcy Wednesday in Texas, according to a court filing. The company reported assets and liabilities in the range of $100...
RTL buys Sky Deutschland in deal to take on US streaming giants
European broadcaster RTL Group said on Friday it would buy Sky Deutschland, in a deal that combines Sky’s sports and streaming offerings with RTL’s news and entertainment brands to create a business with 11...
Liberty Media receives nod from EU regulators for MotoGP deal
Formula One owner Liberty Media received unconditional clearance from EU regulators for its roughly 4 billion euros ($4.60 billion) acquisition of Dorna Sports, which owns MotoGP, the European Commission said on Monday...
Meta to pay nearly $15 billion for Scale AI stake: Report
Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported on Tuesday, citing two people familiar with the matter. Founded in 2016, Scale AI...
Disney to pay additional $438.7 million for NBCU’s stake in Hulu
Walt Disney said on Monday it has completed its purchase of Hulu, agreeing to pay NBCUniversal an additional $438.7 million for its stake in the streaming service. The transaction gives Disney complete ownership of...
Warner Bros Discovery splits streaming from cable TV in latest media shakeup
Warner Bros Discovery said it would split into two publicly traded companies, separating its studios and streaming business from its fading cable television networks as the parent of HBO and CNN looks to compete better...
Meet The People acquires Yeoman Technology Group to expand retail media and e-commerce capabilities
Meet The People (MTP), the innovative alternative to the traditional advertising holding company model, has acquired Yeoman Technology Group, a leading consultancy focused on optimizing organic and paid Retail Media...
With India’s nod, Omnicom’s IPG acquisition clears 10 of 20 global markets – Exchange4media
In a pivotal development, the Competition Commission of India (CCI) on Tuesday approved Omnicom Group’s proposed acquisition of Interpublic Group (IPG), making India the tenth jurisdiction globally — and the seventh...
Madison acquisition: Havas Chairman says looking at possibilities in every market
A few weeks after reports highlighted a possible interest by top holding companies, Publicis and Havas in acquiring a majority stake in the advertising business of Sam Balsara’s independent media agency Group from...
Omnicom-IPG Merger: What happens to their six creative agencies?
The global advertising world is bracing for seismic shifts as Omnicom Group inches closer to acquiring Interpublic Group (IPG), with the merger expected in the latter half of this year. The deal would consolidate two of...
CCI Approves Jumbotail’s Acquisition of Solv India; Multi-Party Equity Deal Cleared
The Competition Commission of India (CCI) has approved a complex, multi-layered proposed combination involving Jumbotail Technologies Pvt. Ltd. (JTPL), Standard Chartered-backed entities, and a network of investors and...
Sapphire Media Acquires BIG 92.7 FM, Strengthens Indian Media Market Grip
In a historic move that is a dramatic shift for India’s broadcast and media sector, Sapphire Media Limited has officially completed the acquisition of BIG 92.7 FM, an extensive and successful Indian radio network...
