Mergers and Acquisitions

Media and telecom M&A activity was lively in the first half of 2022 with deals for the 12 months ending May 15 totaling 1,014, up 28% year-on-year, with a record total value $469 billion. The tally was inflated by Elon Musk’s high-profile $44 billion bid for Twitter and Microsoft’s planned $68 billion acquisition of Activision
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Talent Systems, which makes software for casting and auditioning, has made two significant acquisitions in the unscripted and reality TV sector. One deal is for the eTribez casting platform, which has been used for major reality shows Survivor, Big Brother, Idol, Love Island and MasterChef. The other is for Staff Me Up, a production crew
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In a streaming deal struck with an eye toward the current high-inflation economic environment facing consumers, Crackle parent Chicken Soup for the Soul Entertainment is acquiring Redbox. Founded in the heyday of DVDs two decades ago, Redbox is best known for its network of 38,000 bright red, disk-dispensing kiosks at convenience and grocery stores. It
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Discovery shareholders are set to OK the $43 billion merger with WarnerMedia on Friday, the last big step before AT&T completes the spinoff. Ahead of the deal’s expected close next month, a who’s-in/who’s-out parlor game is gaining intensity as CEO David Zaslav finalizes the leadership team. Top managers who have been with the exec for
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A few days after WarnerMedia said HBO and HBO Max ended 2021 with 73.8 million global subscribers, ad sales president JP Colaco said consumers had been enticed to “sign up in droves” for its cheaper, ad-supported tier. In an online appearance at the TV of Tomorrow Show, the exec declined to provide a breakout of
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Cinedigm, which has been steadily expanding its streaming portfolio in recent years, is adding 10 new channels, 7,500 titles and entering the ad network business by acquiring Digital Media Rights. Founded by Michael Hong and David Chu, DMR is a distributor, channel and ad network operator and social video curator. The privately held company is
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Discovery CEO David Zaslav tried to drum up enthusiasm for the company’s upcoming merger with WarnerMedia, a deal that needs a little love given the ho-hum stock prices of both companies involved since it was announced last May with a very long lead time — not expected to close until the middle of next year.
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