Mergers and Acquisitions
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Making the subscription news headlines this week are merger talks, advertising platforms, job cuts and the weirdness of pandemic dating.
Alden Global Capital has competition in its bid to buy Tribune Publishing. Two businessman and philanthropists have beat their bid by $20 million.
News Corp announced this week that it will be Houghton Mifflin Harcourt’s Books & Media division for $349 million in cash.
News Corp announced last week that it will acquire Investor’s Business Daily for $275 million. The company will operate as a stand-alone brand under Dow
Roku has purchased ‘This Old House,” its TV programs, the shows’ content library, digital assets and TV production studio.
The Information will launch a newsletter business, Twitter considers an “undo” feature, and WWE fans need to subscribe to Peacock to watch Wrestlemania 37.
Google says it won’t support third-party cookies or build alternate identifiers, Piano acquires AT Internet and Netflix wins big at the Golden Globes.
On Wednesday, Okta announced it will acquire identity management company Auth0 for $6.5 billion in an all-stock transaction.
iHeartMedia is buying Triton Digital for $230 million. The purchase will help secure the company’s reign as the top podcast publisher.
New Statesman grows digital subscriptions 75% in a year, NYT tests digital subscriptions for kids & SiriusXM gives 1M lifetime subscriptions in a settlement.