London-based broadcaster ITV Plc has sold its remaining 6.79% stake in Scotland-based broadcaster STV for £7.5 million, severing a shareholder relationship that goes back to the 1990s.
News/Media
Report says Dolan's Cablevision may be approached by private equity players
With the reported bid for Time Warner Cable said to be readied by Charter Communications dominating the news, the New York Post reported that Cablevision may soon be approached by private equity players.
Verizon nears deal to buy Intel's Internet-based pay-TV service
Intel Corp., the world's largest chipmaker, has put up for sale its Internet-based pay-TV startup OnCue. Telecom company Verizon Communications Inc. is said to be nearing a deal to acquire OnCue.
William Morris likely to be frontrunner for American sports agency IMG acquisition -NYT
Bidders William Morris Endeavor, ICM Partners and a consortium led by former News Corporation executive Peter Chernin are expected to submit their takeover offers for IMG Worldwide on Friday. New York Times said that William Morris will likely emerge as top bidder for the sports agency.
EchoStar ends talks with GVT on Brazilian TV joint venture
US-based EchoStar Corp. said it had ended talks with Vivendi SA's subsidiary Global Village Telecom on a proposed partnership in Brazil. The joint venture aims to provide pay TV services in the Latin American country.
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Vice Media has bought New York-based digital company Carrot Creative to experiment with ways to distribute its editorial content, in a deal valued between $15 million to $20 million, according to a source familiar with the transaction.
Discovery Communications is looking to buy Food Network majority owner Scripps Networks Interactive. The possible deal could bring in a combined market capitalization of $43 billion.
Fairfax Media Ltd, the leading diversified media firm in Australia, has purchased property data and mapping company Property Data Solutions Pty Ltd for approximately USD30 million.
NBC Universal has agreed to buy a minority stake in tech-news site AllThingdD, which is set to be renamed "Revere Digital" this month, according to a Bloomberg report.
Palo Alto, California-based digital magazine service Flipboard has confirmed with VentureBeat that it is raising a further USD50 million as the second half of its third funding round.
ValueClick, Inc. today announced that it has agreed to sell 100 percent of its Owned and Operated Websites (O&O) segment to IAC.
The E.W. Scripps Company has acquired Columbia, Mo.-based digital video news provider Newsy, a five-year-old startup that has built its early success on a multi-source, multi-platform approach to storytelling.
New Zealand-based tertiary textbook firm Bennetts Group has bought the assets of travel and accommodation guide publisher Jasons Travel Media in a deal with undisclosed financial details.
Following its USD4.6 billion purchase of Lucasfilm in 2012, Walt Disney Co. has secured marketing and distribution rights over future Indiana Jones installments under an agreement with Paramount Pictures.
