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Media

News

Saban Capital Adds New MD

The media investment firm’s taking on a leader with IP and licensing expertise could signal content plays.

Cannella Response Gets A Response

PE firms like ZM Capital and Palladium Equity Partners continue to chase after the infomercial segment, even as ad revenues decline.

Third Time’s The Charm

For the third time in eighteen months, WebMD and its controlling stakeholder, HLTH Corp., will attempt a merger.

Sapient Corp. Buys Nitro

Opening the possibility of an “ad agency as target” buying trend, Sapient bought the advertising firm for $50 million in cash and stock.

HM Capital Buys Portland Press Herald

The Dallas, Texas-based firm is betting on the turnaround efforts of newspaper veteran Richard Connor.

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Articles

Gawker Sells Site To Consumer Union

Gawker Media, the snark-ridden media empire founded by Nick Denton, has sold its Consumerist.com blog to the publisher of Consumer Reports.

Tribune Files For Chapter 11

Tribune Co., the publishing company acquired last December by real estate investor Sam Zell, has filed for bankruptcy protection in a Delaware court.

The Perils of Print

Newspapers in the US have been reduced to having to pinch pennies, as the print industry, as much as any other sector of the economy, is facing a downward spiral into an abyss of red ink.

Landmark Divest Goals Uncertain

Landmark Communications has sold its crown jewel, The Weather Channel, but it remains to be seen whether the company will meet objectives of selling print assets by the close of the calendar year.

Sk8 or Buy

Private equity firms have familiarized themselves with extreme sports activities, prompting many companies in the category to go on the block.

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