EBay Inc founder and chairman Pierre Omidyar discussed about his new media venture via a blog post on Wednesday.
News/Media
Nine Entertainment Co releases IPO prospectus, seeks AUD 697.3 million
The IPO prospectus released by Nine Entertainment Co showed that the Sydney-based firm was looking to raise AUD 697.3 million for its share sale.
Background of Martha Stewart Living Omnimedia Inc's new CEO fuel speculation of sale
The background of Daniel Dienst, the recently-appointed CEO of Martha Stewart Living Omnimedia Inc, caused industry observers to speculate a sale for the home decor company.
NEWSCYCLE Solutions acquires Atex Inc from Atex Group for undisclosed amount
NEWSCYCLE Solutions announced that it had bought the Atex AdBase advertising systems business from the Atex Group.
Netflix hopes to reach agreement with Comcast, other pay TV operators for streaming service
Netflix CEO Reed Hastings said he hoped to ink a deal with Comcast and other pay television providers in the US for its streaming services.
Latest News
Vivendi, a French mass media company, said it would acquire USD2.7 billion of its U.S. dollar-denominated debt after it received payment for its stake sale in Activision Blizzard.
Vox Media would be raising USD40 million in investment funding to expand its editorial coverage by producing more video reports.
UK newspaper The Guardian had confirmed the departure of American journalist Glenn Greenwald, who is rumored to be joining a new media venture backed by eBay founder Pierre Omidyar.
New York-based 21st Century Fox signed a deal to air German soccer to viewers in 80 countries around the world.
The lenders fighting over the titles owned by the Deccan Chronicle would be in dispute. The creditors of Deccan Chronicle Holdings unable to recover dues worth more than INR5,000 crore because of a dispute over the publishing titles.
OpenGate Capital, LLC got support from Backbone Capital Advisors, a financial advisory services firm, to follow through the completion of its buyout of PennySaver USA.
The Washington Business Journal said Gannett Co Inc was able to raise USD1.25 billion in debt offering to fund its USD2.2 billion acquisition of Belo Corp.
