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Forbes Media LLC

Forbes Media seeks $400 million-plus sale

Owners of Forbes Media is reportedly seeking $400 million to $500 million in its sale. However, sources value the Forbes magazine and Forbes.com publisher at $200 million given its EBITDA of $20 million last year.

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News Corp

News Corp picks up Ireland's social news agency Storyful in $25M deal

New York, US-based media group News Corp has acquired Dublin, Ireland's social news agency Storyful in a deal valued at €18 million ($25 million) to help surface and validate user-generated news online.

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Caixin Media Company Ltd

China Media Capital acquires stake in Caixin Media

Shanghai-based investment fund China Media Capital (CMC) purchased a stake in Beijing-based business media entity Caixin Media Company Ltd from Zhebao Media Holding Group Co Ltd for an undisclosed amount.

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Al Jazeera

Al Jazeera looks to acquire majority stake in Turkish pay-TV company

Qatar's Al Jazeera is mulling over a bid for a controlling stake Turkish pay-TV company Digiturk. Digiturk is an Istanbul-based satellite TV provider with an enterprise value of $1.5 billion.

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William Morris Endeavor Entertainment

William Morris wins takeover bid for IMG -sources

Sources on Tuesday told the New York Times that William Morris Endeavor Entertainment has won the auction for sports and media talent agency IMG Worldwide. With a $2.3 billion offer, WME beat two other bidders backed by private equity firms.

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Gannett Company Inc.

US regulators clear Gannett's $1.5 billion Belo takeover, obliges Belo to divest KMOV

US antitrust regulators gave the green light to Gannett Co. Inc.'s $1.5 billion purchase of Belo Corporation as long as the deal excludes St. Louis television station KMOV-TV.

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The Weinstein Brothers

Weinstein brothers, Miramax to co-produce films and TV shows

The Weinstein Company and Miramax Films said in a joint statement that they have entered a multi-year deal to co-produce films, TV shows and live stage shows to be released in the United States and internationally.

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Viggle

TV startup Viggle picks up Seattle's Wetpaint for $30M

New York-based startup Viggle announced its purchase of entertainment news website and social platform Wetpaint for $30 million in a bid to bulk up its social TV business.

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Endemol

Endemol leads $14 M round to back UK startup Plumbee

Endemol, the TV production house who was made famous for its game shows like Deal Or No Deal and Fear Factor, was said to have made a $13 million strategic bet in UK-based social casino startup Plumbee.

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Press Association

UK's Press Association sells weather business for £160M

PA Group, the parent company of UK's national news agency Press Association, is to sell its weather unit MeteoGroup to private equity group General Atlantic in a deal valued at £160 million (€190 million).

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Cablevision

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.

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Verizon Communications Inc.

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.

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IMG Worldwide

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.

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EchoStar Corp.

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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Postmedia Network Canada Corp

Golden Tree ups stake in Canada's Postmedia

US-based hedge fund Golden Tree Asset Management LP increased its stake in English-language daily newspaper publisher Postmedia Network Canada to 39% in a deal valued at $1.6 million.

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