The Global Media Business Weekly
How Murdoch is chasing B2B
The $14 billion News Corp is acquiring the US-based Oil Price Information Service (OPIS) and related assets from the soon-to-merge S&P Global and IHS Markit for $1.2 billion in cash. The…
Superfluid: the beauty of media
When it was founded with $4million seedfunding in September 2016, Freeda Media (the brainchild of Italian media executive Andrea Scotti Calderini and investment banker Gianluigi Casole) was…
Why UK retail ‘dinosaur’ matters
The UK publishing of books, magazines and newspapers has almost been defined by a single retailer which next year celebrates its 230th anniversary. W.H. Smith (WHS), the £2 billion…
Hopin ‘valued at $7 billion’
Hopin, the startup that powers online events, is in talks with investors to raise new funding at a valuation of $7 billion. The new funding round comes about five months after Hopin announced…
Roll up for ‘Power, money, ego’
Puck, a new media company, is to launch its Puck News website in September, according to Axios. The company has been founded by: Joe Purzycki, co-founder of the podcast company Luminary; Jon…
Euro bourse ‘merger’
Euronext has finalised the acquisition of Borsa Italiana in a deal announced in October last year and worth €4.4bn. The market was sold by London Stock Exchange in order to comply with…
Blackstone ‘high price’ movies
A new media company backed by Blackstone Group is confirmed as the buyer of film production studio Hello Sunshine which was established by Reese Witherspoon and partners. The consideration is…
American gaming deal
Nasdaq quoted casino and racetrack owner Penn National Gaming is to buy Canadian company theScore, a digital sports media and betting company for $2bn consideration in cash and shares. The…
Cannabis deal
Fire & Flower, a Canadian cannabis retailer backed by the owner of Circle K retail stores, is buying (via its Hifyre subsidiary) the digital assets of Wkileaf, a cannabis price comparison…
US books deal
Arcadia Publishing, of South Carolina, US has acquired Commonwealth Editions, a subsidiary of Applewood Books based in Massachusetts. Applewood focuses on regional titles and the list will add…
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