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Verizon just sold AOL and Yahoo for $5 billion, and the new company will be known as "Yahoo" going forward
Verizon just sold AOL and Yahoo for $5 billion, which officially marks Verizon's exit from the media business. REUTERS/Denis Balibouse Jus.....»»
The Ratings Game: ViacomCBS stock keeps plunging to earth after another Wall Street analyst turns bearish
Shares of ViacomCBS Inc. kept plunging Friday, putting them in danger of suffering their biggest-ever weekly selloff, as yet another Wall Street analysts turned bearish on the media company, citing unrealistic valuations......»»
The Ratings Game: ViacomCBS stock keeps tumbling to earth after another Wall Street analyst turns bearish
Shares of ViacomCBS Inc. kept plunging Friday, putting them in danger of suffering their biggest-ever weekly selloff, as yet another Wall Street analysts turned bearish on the media company, citing unrealistic valuations......»»
Cool Offices: Digital media company finds cozy new office in Loring Park
Editor’s note: The Business Journal will continue publishing our weekly Cool Offices feature, recognizing that many of these offices may be empty for a while as more companies are implementing remote-work options for their teams. Hopefully, we’ll .....»»
Clear Channel sells assets to survive the COVID-19 market
Clear Channel Outdoor Holdings Inc. sold 50.91% of its stake in China-based subsidiary Clear Media Limited to Ever Harmonic Global Limited, the company announced in a Monday press release. The company sold its stake for approximately $253 milli.....»»
Clearview AI scraped billions of photos from social media to build a facial recognition app that can ID anyone — here"s everything you need to know about the mysterious company (FB, GOOGL, TWTR)
Alex Wong/Getty Images A software startup that scraped billions of images from major web services — including Facebook, Google, and YouTube &mdas.....»»
Lee Enterprises makes $140M deal to buy Berkshire newspapers
Lee Enterprises will buy 's BH Media Group publications and The Buffalo News for $140 million, the company said Wednesday. The deal covers 30 daily newspapers in 10 states as well as 49 paid weekly... To view the full story, click the title link......»»
CollegeHumor sold to longtime exec, lays off nearly all 100-plus staff
CollegeHumor's parent company CH Media laid off the majority of its staff — more than 100 employees in New York City and Los Angeles — in a drastic sale on Wednesday that will likely amount to the end of the comedy website as we know it......»»
Neptune Wellness to issue warrants to American Media as part of marketing partnership
Canada-based cannabis extraction company Neptune Wellness Solutions Inc. said Friday it has partnered with American Media LLC to provide marketing services for Neptune's brands in the U.S. American Media owns media brands including Us Weekly, Men.....»»
Charlotte"s Falfurrias buys majority stake in media company out of Washington, D.C.
Washington, D.C.-based business-to-business media company Industry Dive has sold a majority stake to Charlotte private equity investment firm Falfurrias Capital Partners. Terms of the deal were not disclosed. It was sealed Aug. 30. Industry D.....»»
Members of billionaire family sell waterfront mansion in Coral Gables for $23M (Photos)
A company headed by Melina and Eduardo Cisneros, members of the billionaire family that owns a Spanish language media empire, sold a waterfront mansion in Coral Gables for $23 million. The 9,315-square-foot home at 555 Leucadendra Drive was sold b.....»»
Company founded by CNBC"s Cramer sold for $16.5 million
Financial information company TheStreet Inc. said it's been purchased for $16.5 million. New York-based TheStreet (Nasdaq: TST) said the purchaser is TheMaven Inc. (OTC Bulletin Board: MVEN) of Seattle. Maven said it's a "media coalition of profes.....»»
Sports Illustrated sold for $110 million
Media company Meredith Corp said on Monday it has agreed to sell Sports Illustrated to U.S-based entertainment company Authentic Brands Group LLC for $110 million, as it looks to scale its digital media business......»»
Sports Illustrated sold for $110 million
Media company Meredith Corp said on Monday it has agreed to sell Sports Illustrated to U.S-based entertainment company Authentic Brands Group LLC for $110 million, as it looks to scale its digital media business. Yahaira Jacquez reports......»»
National Enquirer up for sale after Trump, Bezos scandals
The National Enquirer, the tabloid that billionaire Jeff Bezos accused of extortion earlier this year, is on the block to be sold by parent company American Media LLC......»»
As a secretive hedge fund guts its newspapers, journalists are fighting back in their own pages
Alden Global Capital owns nearly 100 daily and weekly papers through Digital First Media. The company is coming under fire as its own newsrooms accuse it of slashing jobs and sucking profits, especially in Denver and San Jose......»»
A founder who sold his last startup for ~$50 million is using book and movie deals to boost his new YouTube-centric media company
Brat We live in a media era dominated by big franchises from companies like Disney. But Brat cofounder Rob Fishman thinks that digital media startups don't do enough building of.....»»
Parent company of FOX19 sold for $3.6 billion
The parent company of FOX19 (WXIX-TV) has been acquired by another media giant, it was announced Monday. Atlanta-based Gray Television Inc. (NYSE: GTN) announced it will buy Alabama-based Raycom Media Inc., parent of FOX19, for more than $3.6 bil.....»»
Media Startup Quartz Bought by Japan’s Uzabase
New York news portal Quartz is being sold to a Japanese media company in a deal worth up to $110 million, as the latter seeks to expand its international footprint. Uzabase, a… The post Media Startup Quartz .....»»
Here"s why Kylie Jenner"s $800 million cosmetics empire could end up suffering the same fate as Martha Stewart"s failed media company
Getty Images Kylie Jenner's cosmetic company, Kyle Cosmetics, has sold more than $630 million worth of makeup, but Andreessen Horowitz partner Li Jin suggests that Jenner's company is flawed. According to Jin, Jenner relies to much on her .....»»