The Global Media Weekly
Hello Sunshine TV to be sold
Reese Witherspoon and other owners are exploring a sale of the female-focussed TV production company Hello Sunshine, with a possible $1bn valuation. The company, owned by a group including…
8 July 2021
1 minute read
Stingray buys Calm Radio
Stingray Group Inc, of Canada, has bought the Toronto-based wellness internet radio and app producer Calm Radio. Stingray is an international company covering media, music and tech with more…
8 July 2021
1 minute read
Recurrent buys MEL mag
Recurrent Ventures, based in Miami, is buying men’s health and interest MEL Magazine from its parent Dollar Shave Club. Recurrent (backed by North Equity venture capital) owns the media brands…
8 July 2021
1 minute read
India wedding media deal
India-based matchmaking service Matrimony.com is to buy the online wedding platform ShaadiSaga from its parent Boatman Tech. ShaadiSaga links 40k wedding suppliers with potential customers in…
8 July 2021
1 minute read
How trade shows must change
The exhibitions industry – which has spent two decades watching fellow media companies being pulled, pushed and pummelled by the internet – is now challenged and unsure about its own future.…
2 July 2021
6 minute read
Richard Desmond says goodbye
Richard Desmond received £20m of shares in the UK’s largest newspaper publisher Reach Plc, as part of his £200m sale of the Daily Express and Daily Star in 2018. He has now sold the…
1 July 2021
4 minute read
Clickbait goes public
Outbrain and Taboola, the leading providers of clickbait ads, are both raising funds through IPOs. Outbrain will raised at least $100m through a conventional IPO, while Taboola has just gone…
1 July 2021
1 minute read
LadBible set for IPO..or what?
UK youth publisher LadBible is considering a stock market listing. The company was founded by then uni students Solly Solomou and Arian Kalantari in 2012, and has grown into a profitable…
1 July 2021
1 minute read
Belgian TV deal
DPG Media and Groupe Rossel, both Belgium-based media companies, have agreed to buy The Belgian TV assets of RTL Group for a price believed to be about €250m. RTL had been a shareholder in the…
1 July 2021
1 minute read
OneWeb internet satellites
UK government-backed OneWeb launched 36 more satellites today (1 July), from Russia’s Far East, adding to the 200 already in orbit. These would enable the majority Bharti Airtel owned…
1 July 2021
1 minute read
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