The Global Media Business Weekly
Allen buys HBCUGo.TV
Allen Media Group, the media and TV company owned by Byron Allen, has bought HBCUGo.TV from its parent company Symonds-Evans Media. The brand is a key media service for the 105 Historically…
ViacomCBS buys Fox Mexico
ViacomCBS is buying a majority stake in the Spanish language TV company Fox TeleColombia & Estudios TeleMexico from its current owners Walt Disney. The TV content creation company will be…
Beringer buys Benzinga finance
Beringer Capital, the Canadian private equity firm, has bought a majority share of the equity in financial media platform Benzinga giving a value of $300m. Benzinga was founded in 2010 by…
Highsnobiety for sale
Online streetwear and lifestyle magazine Highsnobiety, based in Berlin, is up for sale. The company claims a turnover of almost $60m and raised $8.5m of funding in 2018 in a round led by Felix…
GCD buys Irish property site
Northern Ireland-based software business GCD Technology has bought the property listing site Propertynews.com from Mediahuis, Belgium-based owner of the Belfast Telegraph. Mediahuis acquired…
Reuters in a $10bn spin
Michael Friedenberg, president of Reuters, is leaving the 170-year-old news company in December after three years. The brevity of the corporate announcement implied a less than warm…
UK media’s ‘man for all seasons’
In the month when Meredith, the largest magazines group in the US, has been swallowed by an all-digital rival, its UK counterpart Future has a market cap of more than £4bn and a share price…
The Block rides crypto boom
It is 12 years since Bitcoin launched an entire cryptocurrency industry. The currency is secured by cryptography, which is claimed to make it "nearly impossible" to counterfeit or…
Murdoch climate news stake
In the week when HBO’s Succession TV series spotlights the renegade son of a fictitious media family, James Murdoch is in the news. The youngest son of Rupert Murdoch and Kathryn,…
Enter Future Studios
In what looks like the preparation for serious expansion into TV and online video, the UK-based Future Plc has rebranded its factual TV production company Barcroft Studios as Future Studios.…
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