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Media Merger

All articles tagged with #media merger

Trump backs Nexstar-Tegna TV merger, signaling a media shakeup
business16 days ago

Trump backs Nexstar-Tegna TV merger, signaling a media shakeup

President Trump endorsed Nexstar's $6.2 billion plan to acquire Tegna, a move that would create a nationwide local-news footprint reaching about 80% of U.S. households. The reversal from his November stance comes as regulators weigh possible deregulation of broadcast-ownership caps. If approved, the deal could reshape local broadcasting and programming, boosting efficiencies but raising concerns about competition and diversity of viewpoints; closing is targeted for late 2026.

via | Cord Cutters News|
#business#fcc#media-merger
ESPN Buys NFL Network, Promising Synergy and a New MNF Schedule
sports-media23 days ago

ESPN Buys NFL Network, Promising Synergy and a New MNF Schedule

ESPN’s purchase of NFL Network has been approved, with plans to keep NFL Network as a separate brand while blending top talent from both networks to create new synergies; a major change will be removing Monday Night Football doubleheaders in favor of a single MNF game per week with a scheduled lineup on NFL Network. The digest also covers NBC’s Sunday Night Basketball debut, a Black History Month post omission controversy, Marshawn Lynch on Bill Maher’s podcast, Puka Nacua’s throwback social post, and a preview of this week’s SI Media With Jimmy Traina podcast with Bryan Curtis and Sal Licata.

via Sports Illustrated|
#cross-network-talent#espn#media-merger
Government clears ESPN–NFL Media merger, reshaping NFL TV rights
business25 days ago

Government clears ESPN–NFL Media merger, reshaping NFL TV rights

The government approved and closed ESPN’s purchase of NFL Media, giving ESPN control of NFL Network, the rights to the RedZone channel, and merging NFL.com fantasy with ESPN.com; NFL employees will move to ESPN in 2026, the NFL will own 10% of ESPN, ESPN will televise 28 NFL games per year, and the NFL’s plan to end Monday Night Football doubleheaders includes selling those four games, signaling a tighter league-broadcaster relationship ahead of future TV deals.

via NBC Sports|
#business#espn#media-merger
business7 months ago

Skydance Promises to End DEI Policies and Ensure Unbiased CBS News

Skydance Media has committed to appointing an ombudsman to review bias complaints at CBS and has confirmed that Paramount has eliminated its diversity, equity, and inclusion (DEI) initiatives, as part of its efforts to secure FCC approval for its $8 billion merger with Paramount Global. The company emphasizes its commitment to unbiased journalism and diverse viewpoints, while also aligning with recent regulatory pressures to reduce DEI programs in media companies.

via Variety|
#business#dei#fcc
Reliance and Disney Finalize $8.5B Indian Media Merger
business1 year ago

Reliance and Disney Finalize $8.5B Indian Media Merger

Reliance and Disney have finalized an $8.5 billion merger of their Indian media assets, forming a joint venture that dominates 85% of India's streaming market and half of its TV viewership. Reliance will control the venture, holding 63.16% of shares, while Disney retains the rest. The merger combines platforms like JioCinema and Hotstar, and includes valuable media rights such as the Indian Premier League. The venture aims to offer diverse content at affordable prices, with Nita Ambani as chair and Uday Shankar as vice chair.

via TechCrunch|
#business#disney#india
"Gerald Levin, Former AOL-Time Warner Merger Architect, Passes Away at 84"
obituary1 year ago

"Gerald Levin, Former AOL-Time Warner Merger Architect, Passes Away at 84"

Gerald Levin, the former CEO of Time Warner, has passed away at the age of 84. He is remembered for orchestrating the disastrous merger of Time Warner and AOL, which resulted in a historic $100 billion write-down and significant losses for shareholders and employees. Despite this, Levin was also known for his early successes at HBO and his efforts in pushing for social change, holistic healthcare, and gun control.

via Hollywood Reporter|
#aol#gerald-levin#legacy
"Reliance and Disney Join Forces to Create $8.5 Billion Media Powerhouse in India"
business2 years ago

"Reliance and Disney Join Forces to Create $8.5 Billion Media Powerhouse in India"

Reliance Industries and Walt Disney have announced the merger of their India TV and streaming media assets, creating an $8.5 billion entertainment powerhouse with Reliance holding a majority stake. The merger aims to address Disney's struggles in the Indian market, particularly in its streaming business, and will give Reliance significant bargaining power in advertising contracts. The combined entity will have 120 TV channels, two streaming platforms, and cricket rights, positioning it as a major player in India's media and entertainment sector.

via Reuters|
#business#india#media-merger
"Disney and Reliance Announce $8.5 Billion Media Merger in India"
business2 years ago

"Disney and Reliance Announce $8.5 Billion Media Merger in India"

The Walt Disney Company and Reliance Industries have merged their Indian TV and streaming businesses, with Reliance's Viacom18 merging with Disney's Star India in a deal estimated at $8.5 billion. The merged entity will have Reliance owning 16.3%, Viacom18 owning 46.8%, and Disney owning 36.8%, with Nita Ambani as chair and Uday Shankar as vice chair. The joint venture aims to reshape the Indian media and entertainment scene, commanding a 40% market share and exclusive rights to distribute Disney films in India. This move comes after Disney's dominance in India was challenged by Reliance's suite of Jio-branded operations, and the merger is expected to attract regulatory attention.

via Variety|
#business#disney#india
"Debra O'Connell Takes Charge of Disney's ABC News and Stations"
business2 years ago

"Debra O'Connell Takes Charge of Disney's ABC News and Stations"

Disney is merging its news division and local stations, appointing veteran executive Debra OConnell to lead the new division encompassing ABC News and its local station operations. OConnell will oversee ABC News President Kim Godwin and Stations President Chad Matthews, reporting to Dana Walden, co-chairman of Disney Entertainment. The move comes as ABC News faces challenges in the changing media landscape, with declining viewership in key demographics. OConnell, who has experience in various areas of the Disney portfolio, expressed excitement about working with the teams to strategize for the future.

via Variety|
#abc-news#business#debra-oconnell
Warner Bros. Discovery CEO explores merger options with Paramount Global
business2 years ago

Warner Bros. Discovery CEO explores merger options with Paramount Global

Warner Bros. Discovery CEO David Zaslav is reportedly not actively pursuing a deal with Paramount Global, but exploratory conversations have taken place. While a merger between the two studios is not currently imminent, the possibility of a partnership or combination in the future remains open. Zaslav's recent meeting with Paramount CEO Bob Bakish primarily focused on the potential sale of Shari Redstone's stake in Paramount's parent company. Debt and declining audience share are among the concerns for Warner Bros. Discovery, but the integration of Paramount's movie studio and library of films with Warner Bros. Discovery's streaming service Max could be attractive. Paramount's deteriorating business conditions have led to its interest in selling, but uncertainties about its programming future make potential buyers cautious.

via Fox Business|
#business#debt#media-merger
"The End of an Era: Rupert Murdoch's Retirement and the Future of News"
business2 years ago

"The End of an Era: Rupert Murdoch's Retirement and the Future of News"

Rupert Murdoch's decision to step back from day-to-day oversight of his media empire has paved the way for his son, Lachlan, to take sole control of the businesses. However, the question of who will control the trust that votes the family's shares after Rupert Murdoch's passing remains unanswered. Speculation suggests that Rupert Murdoch may be preparing for another attempt to merge Fox Corporation and News Corp, a move he backed away from last year. Any potential merger would likely be preceded by a sale of parts of News Corp, including its real estate business. The media industry is undergoing significant shifts, and the Murdochs have shown a willingness to consider various options, including a sale, to ensure the future success of their businesses.

via The New York Times|
#business#fox-corporation#lachlan-murdoch