All articles tagged with #media deal
Netflix has refinanced part of a $59 billion bridge loan to support its potential acquisition of Warner Bros Discovery's assets, including a $5 billion revolving credit and two $10 billion term loans, as it prepares to finalize one of the largest media deals in history, with the deal expected to close in late 2026 after Warner Bros spins off its Global Networks unit.
Netflix CEOs reassured staff that their proposed $82.7 billion acquisition of Warner Bros. Discovery won't lead to studio closures or job losses, emphasizing growth and support for theatrical releases despite industry concerns and competing bids from Paramount. The deal aims to strengthen Hollywood's iconic studio and ensure a healthy future for film and TV production, with regulatory approval expected.
Disney faces a strategic dilemma between reinstating Jimmy Kimmel, which could jeopardize its upcoming NFL partnership, or keeping him off the air to secure the deal, highlighting the complex interplay of corporate interests, politics, and media negotiations.
Dr. Phil's media company, Merit Street, filed for bankruptcy and is being sued by Trinity Broadcasting over a $500 million deal, with allegations of fraud, breach of contract, and failure to deliver episodes, while Merit Street counters with claims of misconduct by Trinity Broadcasting.
Paramount has acquired UFC rights in a $7.7 billion, seven-year deal starting in 2026, replacing pay-per-view with all events accessible via Paramount+ and select on CBS, marking a major shift in UFC broadcasting and increasing accessibility for fans.
Two Alabama TV stations, WAAY in Huntsville and WCOV in Montgomery, are part of a $171 million deal where Allen Media Group sold 10 stations to Gray Media, pending FCC approval, as part of a broader sale of 28 stations across the US.
Byron Allen's Allen Media Group has sold 10 local TV stations to Gray Media in a $171 million deal, expanding Gray's portfolio and entering three new markets, with the deal expected to close in Q4 pending FCC approval.
NFL owners will hold a virtual meeting on August 26 to discuss the deal transferring NFL Media properties to ESPN in exchange for a 10% stake, with no vote scheduled, likely to avoid premature approval issues.
The article discusses the potential impact of the NFL owning a 10% stake in ESPN on ESPN's NFL coverage, highlighting concerns about conflicts of interest, journalistic independence, and the influence of the league on reporting and analysis. It suggests that increased league ownership could lead to more cautious reporting and possible suppression of negative stories about the NFL.
NFL commissioner Roger Goodell indicated that ESPN's acquisition of the RedZone brand could lead to the expansion of the popular 'RedZone' concept beyond the NFL, potentially into college football and other sports, while the NFL RedZone show will remain unchanged.
The ESPN-NFL media deal may not be finalized until late 2026 due to regulatory approval processes, with potential delays if the federal government blocks the deal, prompting Disney and ESPN to proceed cautiously.
ESPN is taking over the lease for NFL Network’s studios near SoFi Stadium as part of a broader deal where ESPN will acquire NFL Network, RedZone, and NFL fantasy assets, with the NFL taking a 10% stake in ESPN; the deal is pending regulatory approval.
NFL owner Robert Kraft highlights that the new ESPN-NFL media deal, which includes NFL's 10% ownership stake in ESPN, is a strategic move to expand the league's global audience, especially overseas, by leveraging Disney and ESPN's extensive sports reach and increasing international games and potential teams in Europe.
A major media deal between ESPN and the NFL, including NFL Network, is reportedly finalized and may be announced during Disney's upcoming earnings call, with potential NFL acquisition of up to 10% of ESPN; the deal requires federal approval and is surrounded by speculation and regulatory considerations.
The NFL's deal with ESPN, which includes the league receiving equity in ESPN, raises concerns about transparency and how it will impact player earnings, as the deal's structure may obscure revenue sharing and potentially depress player salaries. The NFLPA will need to scrutinize the deal once finalized to ensure fair compensation for players.