Apparently, Nexstar Media Group has reached an agreement in principle to buy Tribune Media Co. for about $4.1 billion. The acquisition would add Tribune Media’s 42 stations in major markets to Nexstar’s portfolio of about 175 TV stations in cities
Fox News and its parent company 21st Century Fox said they have reached settlements with 18 former employees of the news channel who had filed lawsuits that included allegations of racial and gender discrimination.
Potential deals between 21st Century Fox and Walt Disney (or Comcast), Viamcom and CBS, and AT&T and Time Warner have producers wondering just who the TV programming honchos will be. New ownership or management could lead to changes in program
Apparently CBS has made an offer to acquire Viacom and the bid is contingent on its management team being at the helm of the merged entity. The all-stock offer is below Viacom’s current market valuation of $12.5 billion. In its offer, CBS proposed
The boards of CBS and Viacom have formed special committees to evaluate a potential merger, a deal that would reunite the two big pieces of the Redstone family’s media empire.
Federal regulators plan to reverse an Obama-era rule that prevented major television-station owners from buying stations or readily selling themselves, a move that could touch off a wave of deals among media companies.
On the eve of the Republican National Convention, a dispute has broken out between the five national television networks that have traditionally pooled resources to provide live video from key political events and the online news publishers who re
The Federal Communications Commission was attacked by Republicans and Democrats during a congressional hearing on the regulatory agency's media-ownership rules.
Rupert Murdoch's 21st Century Fox and private equity giant Apollo Global Management are in preliminary talks to create a global television production house that would manage big hits like "American Idol" and "Deal or No Deal."
The number of commercials in the typical hour of television has grown steadily during the last five years, according to a new study from the ratings measurement firm Nielsen.