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Rolling Stone Magazine Shares For Sale By Wenner Media

  •  Published by Pete Nisbet on   September 18, 2017  

Rolling Stone magazine shares held by Wenner Media have been put up for sale. The Rolling Stone magazine was first published in San Francisco in 1967. It was created by Jan Wenner, the founder, and Ralph Gleason, a well known film critic. The magazine mainly provides information on the music industr [...]

Trinity Mirror and Northern and Shell in Talks Over Daily Express and Daily Star

  •  Published by Pete Nisbet on   September 9, 2017  

Trinity Mirror and Northern and Shell are in talks regarding the purchase of the Daily Express and Daily Star. Northern & Shell and Trinity Mirror, the owner of the UK’s daily newspaper, the “Daily Mirror,” are involved in talks regarding the purchase of the popular tabloids. Trinity Mirro [...]

Fox – Sky Takeover: Public Interest and Possible Collusion Issues

  •  Published by Pete Nisbet on   August 11, 2017  

The recently published Fox - Sky takeover deal has raised some pertinent questions. 21st Century Fox has made a bid for Sky, including the Sky News service. This is a popular news service that has some influence over how UK viewers view British political issues. The takeover bid by Fox fo [...]

Barclays Loss After Sale of Barclays African Business – and PPI Costs

  •  Published by Pete Nisbet on   July 29, 2017  

Barclays Bank has reported a £1.2 billion ($1.57 billion) attributable loss for the first half of the year. Barclays loss was reported on Friday, a large part of this due to the sale of its business in Africa. In fact, losses on the Africa business sale amounted to £2.5 billion. Barclays also call [...]

21st Century Fox Sky Takeover Bid: Decision Due on 29th June

  •  Published by Pete Nisbet on   June 21, 2017  

The Fox Sky takeover bid is slowly inching its way towards a decision. It’s not new news that 21st Century Fox has proposed a £11.7 billion takeover of Sky. Karen Bradley, the UK government culture secretary, had asked Ofcom for its views on the deal over a month ago.   Ofco [...]

Dalian Wanda Group – Sony Alliance Good for Both Firms

  •  Published by Pete Nisbet on   September 24, 2016  

The Dalian Wanda Group - Sony alliance has been completed. Dalian Wanda, also known as Wanda Group, has increased its Hollywood presence through a partnership with Sony Hollywood. Dalian Wanda is a multinational Chinese corporation, and is the world’s largest private property developer and propert [...]

Disney Sports Streaming Service Offered by ESPN

  •  Published by Pavan Lipare on   September 11, 2016  

A Disney sports streaming service is to be offered as part of ESPN by the end of the year. Disney’s persistence with traditional cable TV has been losing viewers and subscribers. Now the company has finally accepted that streaming is the way to go. Knowing Disney, it does things in a positive way. [...]

Liberty Media and F1 Purchase – Liberty Media Buys Formula 1

  •  Published by Pete Nisbet on   September 8, 2016  

Liberty Media and F1 have  confirmed the purchase of Formula 1. We announced the likelihood of this earlier, but it has now been confirmed – pending regulatory approval. The price paid by the American media firm is $4.4 billion (£3.3 billion). There have been many years of speculation about the [...]

Gawker Closure – Univision Closing Gawker after Purchasing it

  •  Published by Rajesh Namase on   August 19, 2016  

The Gawker closure has just been announced Thursday. We reported earlier on that Univision recently purchased controversial news site It has now been announced that Gawker is to be closed down. Gawker staff was informed of the decision by Nick Denton, founder of the company, T [...]

Caesar Entertainment Unit Bought by Chinese Investors

  •  Published by Pavan Lipare on   July 30, 2016  

Caesar Entertainment Corp. has agreed to a purchase offer for its online casino games unit Playtika Ltd by a Chinese group of investors. Led by the Chinese online games firm Shanghai Giant Network Technology Co., the purchase deal was for $4.4 billion cash. Among the investors in the Playtika purcha [...]