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ProSiebenSat.1 Media AG

KKR and Permira exit $1.7B stake in Germany's ProSiebenSat.1

Private equity firms KKR & Co and Permira Advisers exited a 16.6% holding in German commercial broadcaster ProSiebenSat.1 Media AG (PSM)in a deal valued at around €1.26 billion ($1.7 billion).

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Yahoo Inc

Yahoo Editor-in-Chief Jai Singh quits

Yahoo's Editor-in-Chief Jai Singh resigned from the company due to an unconfirmed reason, on the heels of the news that the company's chief operating officer has been fired.

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Contently Platform Dashboard

New York storytelling platform Contently pockets $9M in Series B funding

New York, US-based storytelling platform Contently raised $9 million in a Series B funding to expand its advertising enterprise tools and ensure that its journalists are equipped with important publishing tools.

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Vinod Khosla

Vinod Khosla rebukes CBS's "60 Minutes" on cleantech segment

Vinod Khosla of Khosla Ventures issued an open letter to "60 Minutes" and its network CBS, saying that the segment on clean technology was filled with errors.

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Forbes Media Chairman and Editor-in-Chief Steve Forbes

Forbes attracts Germany's Axel Springer and other bidders -report

New York, US-based firm Forbes Media attracted the attention of six different bidders including Germany-based multimedia company Axel Springer.

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Johnston Press Plc

Johnston Press names Jeff Moriarty as Chief Digital and Product Officer

Johnston Press, a leading multimedia publisher in the UK and Ireland, has named Boston.com General Manager Jeff Moriarty as its Chief Digital and Product Officer.

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Cogeco Cable Inc

Acquisitions help push Cogeco Cable's quarterly profit

Cogeco Cable's recent acquisitions helped spur the quarterly profit of the Canadian cable company that provides cable television and internet and phone services to an 18% increase, Reuters reported.

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SureWaves

Canaan Partners invests in Indian digital media firm SureWaves

Connecticut, USA-based venture capital firm Canaan Partners invested INR35 crore in Bangalore, India-based digital media firm SureWaves for the latter's global growth and workforce expansion.

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NBC Universal News Group

NBC Universal picks up minority stake in New York startup NowThis News

New York, US-based news giant NBCUniversal News Group announced a minority investment in mobile video news startup NowThisNews to co-produce original short news videos for social sites.

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Unicorn Media Inc

US video hosting firm Brightcove adds Unicorn Media in $49M deal

Massachusetts, US-based video hosting solutions firm Brightcove acquired Arizona-based Internet video solutions provider Unicorn Media Inc in $49-million acquisition deal to facilitate easier distribution of ad-supported video.

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Carlyle Group LP

Taiwan's Eastern Media International bids for Carlyle's controlling stake in Eastern Broadcasting

Eastern Media International Corp., which currently owns a 30% stake in Eastern Broadcasting Co., is reportedly placing a bid to acquire Carlyle Group's entire 61% stake in Taiwan's largest broadcasting company.

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Chen Guangbiao

Chinese tycoon Chen Guangbiao dials back New York Times bid, admits offer faces obstacles

Chinese billionaire Chen Guangbiao has dialed back his bid to acquire The New York Times Co. over a week after making his interest public, saying that the level of difficulty is great. Times chairman Arthur Ochs Sulzberger Jr. recently said that the prestigious media company is not for sale.

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John Malone

"Cable cowboy" John Malone goes on empire-building spree again- report

Billionaire John Malone is building a cable empire once more as the firms he is backing have announced or are cooking up acquisitions amounting to more than $80 billion, Bloomberg reported.

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Mashable

Mashable raises $13.3M from outside investors in Series A round

News website Mashable takes on funding from outside investors for the first time, raising 13.3 million in its Series A funding round led by growth equity firm Updata Partners.

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Multimedia Polska

Poland's Multimedia Polska adds cable firm Telektronik

Poland-based digital cable firm Multimedia Polska bought cable operator Telektronik from Reda for an undisclosed amount, making way for the addition of new services to its current portfolio.

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