Sony is in talks to acquire Kadokawa Corporation, the Japanese media giant behind Elden Ring, Ringu, and recent Cannes premiere Kubi. The move aligns with Sony's strategy to expand its IP portfolio, which includes Crunchyroll and Aniplex. Both companies have…
Liberty Media has filed for EU approval to acquire an 86% stake in MotoGP rights holder Dorna for €4.2 billion (approximately $4.47 billion USD). Dorna will remain independently operated under Liberty’s Formula One Group, with CEO Carmelo Ezpeleta staying on.…
Reliance Industries and Disney have merged their media assets, including Star India, Viacom18, JioCinema, and Hotstar, in an $8.5 billion deal, creating one of India’s largest entertainment entities. The joint venture combines over 100 TV channels, 30,000 annual hours of…
The Wrap reports that Skydance Media, led by David Ellison, has struggled financially since 2021, with losses reaching $56 million in 2023 and 40% lower year-over-year revenue in the first half of 2024. Despite being valued at $4.75 billion, Skydance…
Viant Technology has acquired IRIS.TV to strengthen its position in the CTV advertising ecosystem. This acquisition will allow Viant to expand IRIS.TV's CTV content identification service, IRIS_ID, to more publishers, enhancing standardized content classification, contextual targeting, and brand safety for…
Dish Network creditors have rejected a bond exchange offer required for Dish’s planned merger with DirecTV, creating uncertainty about the deal. The creditors objected to a $1.5 billion minimum loss on the bonds, calling for an additional $300 million reduction.…
The Hollywood Reporter examines John Malone’s strategic portfolio shifts, with analysts predicting possible asset spin-offs at Warner Bros. Discovery (WBD) to unlock value, and a tax-efficient merger between Charter Communications and Liberty Broadband. These moves align with Malone’s focus on…
Kirby chops it up with The Streaming Madman, exploring his picks for the worst mergers of all time and examining the turbulent world of media consolidations. Kicking off with the rumored Warner Bros. Discovery and Paramount merger, ultimately abandoned by…
TKO, parent of UFC and WWE, posted $681.2 million in Q3 revenue, boosted by content licensing and event income. While UFC saw a revenue dip from fewer events, WWE’s media rights gains offset this, supporting TKO’s reaffirmed high-end 2024 revenue…
Shari Redstone will exit the Paramount Global board in 2025 once Skydance Media and RedBird Capital acquire her company, National Amusements Inc., and merge with Paramount. The new entity, temporarily named "New Pluto Global, Inc.," will have an 11-member board…
