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March 22, 2019

Tribune Media Stockholders Approve $6.4 Billion Nexstar Merger

Leave a Comment / Business Operations, Business Services, Mergers and Acquisitions, News, Regulation and Compliance /

Last week, Tribune Media Company (NYSE: TRCO) got the okay from stockholders to proceed with a merger with Nexstar Media Group. The companies had entered an agreement in December for Nexstar to acquire Tribune Media for $46.50 per share, for an approximate value of $6.4 billion, including the assumption of Tribune Media’s outstanding debt. According to a Tribune Media news release, this represents a 15.5 percent premium on the stock’s value as of November 30, 2018.

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Five on Friday: Streaming, Gaming and Cost Containing

Leave a Comment / Auto-renew Subscription, Business Services, Business Strategy, Consumer Services, Entertainment and Streaming, Freemium, News, Product Development, Revenue and Sales, Subscriber Acquisition, Subscriber Only, Subscription Apps, Subscription Gaming /

TGIF. We hope your corner of the world saw some spring sunshine this week. Ours did, and we are thrilled to emerge from a long winter. Before you power wash your patio or dig into your garden, check out this weeks Five on Friday stories: streaming services appeal dramatically higher royalty fees, Apple banks on gaming as the next big thing, Teladoc grows as consumers attempt to contain healthcare costs, what content publishers should consider, and income-as-a-service revenue models to explore.

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