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.
News/Media
Top BBC News Anchor Resigns on Medical Advice 9 Months After Scandal Involving Sexually Explicit Photos with Teenager
Huw Edwards had been the BBC's leading presenter throughout major events such as Queen Elizabeth II's death and funeral, but was suspended in July 2023 after charges surfaced.
NPR Suspends Senior Editor Uri Berliner After Exposing Network's Hunter Biden Scandal Cover-Up, Liberal Bias
Senior business editor Uri Berliner was suspended by NPR for publishing an essay in which he issued an open letter breaking ranks and alleging that the nonprofit radio network had permitted liberal bi..
Stuff, Newshub Reach Deal to Save TV News, Provide New-Look Bulletin
The 6pm TV3 news has been saved, undergoing a complete transformation and will be provided by rival media company Stuff following the closure of Newshub in early July...
US News Organizations Urge Donald Trump, Joe Biden to Commit to Presidential Debates Ahead of 2024 Elections
The letter, signed by twelve major media outlets, highlights how important general election debates have been in shaping American democracy for the last 50 years...
Google Starts Removing Links to California News Websites in Response to Journalism Preservation Act
Google will start removing links to California news websites from some...
Veteran NPR Editor Unveils How Network Ignores Hunter Biden Laptop Issue To Avoid Boosting Support for Donald Trump
An NPR editor has admitted that the network neglected to cover the Hun...
Latest News
Bloomberg Television partners with Malaysia's Encorp Group to create first Malaysian business news channel
Bloomberg Television said has forged a partnership with privately-held firm Encorp Group Sdn Bhd to establish the first business news channel in Malaysia next year.
ITV sells last of its stake in Scottish broadcaster STV for £7.5 million
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.
Vice Media buys New York tech firm to explore content distribution
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 so
Discovery mulls over Scripps Networks Interactive takeover
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.
Australian media firm Fairfax buys Property Data Solutions for $30M
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.
US media firm NBC Universal takes stake in AllThingsD, which is set to change name -report
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.
US digital media firm Flipboard confirms raising further $50M in third funding round
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 to sell Owned & Operated Websites unit to IAC
ValueClick, Inc. today announced that it has agreed to sell 100 percent of its Owned and Operated Websites (O&O) segment to IAC.
Scripps acquires video news provider for $35M in cash
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 stor
