FTC Is Scrutinizing Amazon’s $8.45 Billion Acquisition of MGM
The Federal Trade Commission has opened an antitrust investigation into Amazon's $8.45 billion acquisition of MGM.
Weekly Subscription News: Watching, Weighing and Working
Gannett wants to compete against NYT's The Wirecutter, Apple will soon start charging for TV+, Instagram works on paid stories subscription feature.
Amazon Acquires ART19, a Podcast Hosting and Monetization Platform
In its latest acquisition, Amazon is buying ART19, a podcast hosting and monetization platform.
BuzzFeed Acquires Complex Networks for $300 Million
BuzzFeed will acquire Complex Networks for $300 million and the company announced its plans to go public.
Integrity of Tribune Publishing Sale to Alden Global Capital Called into Question
Hedge fund Alden Global Capital has completed its $633 million deal with Tribune Publishing, but a lot of questions remain about the integrity of interested parties and the sale itself.
Gray TV Ups Bid for Meredith’s Broadcast Business to $2.825 Billion
Gray TV upped its bid to buy Meredith's broadcast TV business from $2.7 billion to $2.825 billion when a competitor offered an unsolicited bid.
Weekly Subscription News June 5: Winners, Waiting and Safe-for-Work
Beachbody reports revenue gain ahead of merger, Apple delays launch of Podcasts Subscription, and Headspace to launch podcast channel and sleep subscription.
Weekly Subscription News: Tools, Talks and Ticketed Spaces
Verizon offers free Apple Arcade and Google Play Pass to unlimited subscribers, The New York Times is in talks to buy The Athletic, Amazon confirms Prime Day will be in June.
Amazon to Buy MGM for $8.45 Billion
This week has been a big one for Amazon. First, the attorney general for the District of Columbia filed an antitrust lawsuit...
HBO Max Announces June Launch of Ad-Supported Tier
In the first week of June, HBO Max will launch its ad-supported tier at $9.99 a month, a 33% savings over the ad-free tier.
