DALLAS and NEW YORK CITY, — AT&T Inc. (NYSE:T) and Time Warner Inc. (NYSE:TWX) today announced they have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share. The agreement has been approved unanimously by the boards of directors of both companies. The deal […]
After nearly fourteen years of operation, Gawker.com will be shutting down next week. The decision to close Gawker comes days after Univision successfully bid $135 million for Gawker Media’s six other websites, and three months after the Silicon Valley billionaire Peter Thiel revealed his clandestine legal campaign against the company. Nick Denton, the company’s outgoing […]
Brussels, QUESTIONS AND ANSWERS I. Modernisation of the Audiovisual Media Services Directive Why is the Audiovisual Media Services Directive being revised? The media landscape has shifted dramatically in less than a decade. Instead of sitting in front of the family TV, millions of Europeans, especially young people, watch content online, on demand and on different […]
NEW YORK and BURBANK — Emmy®-winning talk show host, producer and social media powerhouse Ellen DeGeneres is continuing her expansion into the original digital content business in a significant way with the announcement of the creation of the Ellen Digital Network and the unveiling of its first-ever programming slate today at the 2016 Digital Content […]
UNESCO and the European Commission have renewed their partnership to strengthen freedom of expression and media freedom in South East Europe and Turkey. The new project, Building Trust in media in South East Europe and Turkey, will last 36 months starting in early 2016. The European Commission is contributing 1,500,000 Euros to support media self-regulation […]
The Department of Justice’s Antitrust Division filed a civil antitrust lawsuit today in the U.S. District Court of the District of Columbia challenging Gray Television, Inc.’s proposed acquisition of Schurz Communication, Inc., and simultaneously filed a proposed settlement that would resolve the competitive harm alleged in the lawsuit. The division alleged that the proposed transaction […]
SUNNYVALE, Calif.– Yahoo! Inc. (YHOO) today announced that its Board of Directors, after careful review and consideration of how to best drive long-term value for shareholders, has unanimously decided to suspend work on the pending plan, announced in January of 2015, to spin off the company’s remaining holdings in Alibaba Group Holding Limited (BABA). The […]
MTN wishes to clarify and place on record that the company continues to engage constructively with Nigerian authorities at all levels. However, the company has noted, with concern, the speculation and false information in the media. MTN particularly cautions against reports purporting that the company has agreed a resolution with the NCC on the fine. […]
New York, NY – LATAM Airlines Group, which operates the LAN and TAM brands, has chosen Interpublic Group (NYSE: IPG) as its new global agency network for markets in the Americas, Europe and Oceania where the company operates. Five large agency holding companies participated in a competitive review, which began in March of this year. […]
NEW YORK, – TBWA Worldwide announced today that it has merged leading network agencies TBWA\Toronto and Juniper Park to form a new agency, Juniper Park\TBWA, effective immediately. The Juniper Park partnership team of CEO Jill Nykoliation and Chief Creative Officers Terry Drummond, Alan Madill and Barry Quinn will lead the office, reporting to TBWA Worldwide […]
