Nexstar Media Group has closed its acquisition of Tegna following approval of the transaction from the FCC and the US Department of Justice (DOJ) in a deal valued at $6.2 billion (€5.3bn) – despite two lawsuits trying to block the deal. Nexstar first announced in August 2025 that it would acquire Tegna and create a […]
ProSiebenSat.1 Media has announced that it is selling the connected TV advertising company esome and the retail media specialist Kairion to Pivotum Capital, an investment firm specialised in technology and digital companies and based in Graefelfing. ProSiebenSat.1 said the transaction underlines its strategic focus on its core entertainment business and the monetisation of its entertainment […]
Multiply, the AI-native media agency for B2B companies. has emerged from stealth with $9.5 million (€8.2m) in funding to introduce what it calls the next paradigm: Self-Learning Advertising, where ads use internal data to continuously get better on their own. The round was led by Mayfield, with participation from Sorenson Capital, Instacart Co-Founder Max Mullen, […]
Shares in Viaplay Group, the Nordic streaming service, jumped by over 2 per cent following a Bloomberg report suggesting that its largest shareholders, Canal+ and PPF Group, are plotting a joint bid for the company, before giving up part of the gains. The stock rose following the report that Canal+ and PPF, which together control […]
Smartly has entered into a letter of intent to acquire Incrmntal, an AI-powered incrementality measurement platform that delivers real-time insights into the incremental impact of marketing investments across channels without relying on user-level data or tracking. By combining Incrmntal’s real-time incrementality insights with Smartly’s platform that enables advertisers to turn insights into action across channels, […]
BET+, the streaming platform focused on black culture, will shut down later this year, with its content set to be folded into Paramount+. Paramount Skydance has purchased the ownership stake held by Tyler Perry Studios in BET+, clearing the way for the transition. In a memo to staff, BET Networks president, Louis Carr, said: “As […]
Arqiva Broadcast Parent has completed the sale of Macquarie Asset Management’s 26.54 per cent stake in the company. The buyer, as has already been notified, is in funds managed by Polus Capital Management. The transaction was previously disclosed in the company’s financial results for the six months ended December 31st 2025, published on March 2nd. […]
A potential bid for Mynaric, a Germany-based satellite laser specialist, from Rheinmetall AG has failed and Rheinmetall has withdrawn from the bidding process. This leaves RocketLab as the sole bidder and thus opens the door for Sir Peter beck’s RocketLab to move ahead with its purchase of the business. The Rheinmetall bid was seen as […]
A report from investment bank Berenberg on the merger between the media production giants Banijay and All3Media is positive about the plan. “We view the rationale for the merger positively, as it strengthens Banijay’s catalogue and scale,” said the bank’s report. Berenberg is recommending Banijay a ‘BUY’ for its clients and a price target of […]
Aferian plc was today [March 6th] suspended from the London AIM index as it announced that it intended to appoint administrators. It has now sold its operating subsidiaries – 24i and Amino – both to Sapphire Technology. The UK-based company said it had filed a notice of intention to appoint David Hudson and Philip Armstrong […]