Mergers and Acquisitions
Latest
Peloton concluded its fiscal year 2021 with slowing revenue growth and a net loss of $(313.2) million or $(1.05) per diluted share.
Vox Media continues to grow with its latest acquisition, ‘Punch,’ a digital publication focused on cocktails and cocktail culture.
Last week, the Federal Trade Commission amended its antitrust complaint against Facebook, alleging an illegal “buy-or-bury” scheme.
Medium to offer writers 50% of subscriber revenue, WarnerMedia might sell TMZ to Fox, USA Today puts crossword behind paywall.
PA Post and Spotlight PA merge, Albertson’s launches a grocery delivery subscription and NPR launches a podcast subscription service.
Conde Nast pays $10M in back rent HBO Max gets a Batman podcast, and Gannett has sold 23 newspapers back to local owners.
YouTube tests ‘Premium Lite’ subscription for cheaper ad-free viewing, Walmart offers subscriptions through Adobe partnership, The Guardian plans to hit 2M subscribers by 2022.
Tumblr faces backlash from new subscription service, Substack acquires “Letter,” and PayPal announces super app.
The Federal Trade Commission has opened an antitrust investigation into Amazon’s $8.45 billion acquisition of MGM.
Gannett wants to compete against NYT’s The Wirecutter, Apple will soon start charging for TV+, Instagram works on paid stories subscription feature.
