The $82.7 Billion Gamble: Inside the Netflix-Warner Merger and the End of the Streaming Wars

This latest Warner Bros. Sale Update compilation piece compiles the confirmed details, identifies the major players, and delves into the regulatory and creative complexities that could reshape the ent...

Paramount Skydance pledges over $1.5 billion in new content investments for 2025, aiming to boost streaming growth and revitalize...

Warner Bros Discovery has officially said that it has received interest from several parties who want to buy all or part of the company. The company’s board

In the summer of 2024, two media cveterans—John Malone, the so-called “cable cowboy,” and Rupert Murdoch, the architect of modern media empires—engaged in what would become one of the most […]

Nexstar to acquire Tegna for $6.2B, creating a TV giant with 265 stations across 44 states. Deal exp...

Investing.com-- Sinclair Inc (NASDAQ:SBGI) has offered to merge its local television station business with Tegna Inc (NYSE:TGNA), even as Tegna is in advanced talks to sell itself to rival Nexstar Media Group (NASDAQ:NXST), the Wall Street Journal reported on Monday, citing people familiar with the matter. Sinclair’s proposal would involve separating its Ventures unit, which includes the Tennis Channel and other non-broadcast assets, and combining its broadcast TV operations with Tegna, the report said. The deal would value Tegna shares at about $25 to $30 each, compared with its $20.18 close on Monday, the report added. Tegna owns 64 stations in major U.S. markets and has been the subject of repeated takeover interest. Sinclair operates 178 stations across 78 markets but carries more than $4 billion of debt, potentially complicating a bid, the WSJ reported. Nexstar, the country’s largest local broadcaster, owns or partners with more than 200 stations in 116 markets. Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model portfolios fueled by AI stock picks with a stellar performance this year... In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if NXST is on your watchlist, it could be very wise to know whether or not it made the ProPicks AI lists.

Warner Bros. Discovery to split into Warner Bros. & Discovery Global in 2025. Zaslav leads Warner B...

Skydance acquires Paramount, gaining control of major IPs including Transformers, Ninja Turtles, & T...

Paramount & Skydance merger finalized for August 7th following FCC approval. $8B deal comes after r...

Earlier this month, CBS wimped out and paid Donald Trump a $16 million bribe to settle a completely baseless lawsuit — and to buy regulatory approval of their $8 billion merger with Skydance. The result...