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Media

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.

RR Donnelley’s Quebecor Offer Expires

- Move to buy bankrupt Canadian printer/advertiser is rebuffed over sale price differential.

Qwest Keeps Its Long-Distance Unit

- Qwest’s strategic review was marked by a gap between the company’s view of the unit and significantly lower bids.

London to Chicago with TTK Partners

- The addition of the bulge bracket veteran to the Midwest advisory firm expands its consumer & media offerings.

MESA Poaches Montgomery & Co. Exec

- Daniel Gossels, who’ll be an MD at the media-focused boutique, worked on the mandates for Club Penguin, DailyCandy and IFilm.

RH Donnelley’s Rollup Strategy Comes Undone

- The yellow-pages giant blames its “growth-through-acquisition strategy” as it files for bankruptcy protection.

PE Buyers Muted On Playboy

- The media empire is reportedly being shopped for $300 million, despite travails facing the industry.

Donnelley Aims For Toronto Sun Publisher

- The printing services giant submitted a bid to purchase the daily newspaper’s publisher, Quebecor World, for $1.35 billion, out of bankruptcy.

dmg Sells Its California Gift Show

- Event planner Merchandise Mart Properties will buys the B2B asset.

Metro Newspapers Sold to Former CEO

- Seabay Media Holdings was established by Pelle Törnberg, who formerly ran the free media chain.

DirecTV Group, Liberty Media Make a Deal

- Liberty’s chairman John Malone will command a 24% stake in the new DirecTV voting.

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