In a statement, the National Football League (NFL) said, it was exploring strategic options for its media assets including partnerships with “interested parties”. The development comes in the wake of signing long-term deals with tech firms and bigger media companies…. Read More ›
media assets
Apollo Global Management Inc close to acquiring Verizon Communications Inc’s media assets worth $5 billion
As per a source familiar with the matter at hand, Apollo Global Management Inc is closing in on a deal to acquire the media assets of Verizon Communications Inc in a deal that could be valued close to $5 billion. Earlier on… Read More ›
Chinese clamps down on Alibaba, orders divestiture of media assets
According to a report from the Wall Street Journal, the Chinese government has ordered Alibaba Group Holding Ltd to divest all of its media assets. Discussions over the matter have been ongoing since the beginning of this year, with sources… Read More ›
Comcast places $65 billion in it bid for Fox Inc’s media assets
Comcast’s all cash offer may not go down well with Fox’s biggest shareholder, the Murdoch family, since accepting the deal would force it to potentially pay a multi-billion dollar capital gains tax. In a move that has essentially sparked a… Read More ›
Comcast weighing options to acquire assets from Twenty-First Century Fox: sources
Although Fox prefers a deal with Disney rather than Comcast, more clarity on the deal will emerge later this summer when Fox, in its regulatory filing, justifies the potential deal with Disney, to its shareholders. According to sources familiar with… Read More ›