Media
Adani takes control of news agency IANS with 50.5% stake
16 Dec 2023
Adani Group firm AMG Media Networks has acquired a 50.50 per cent stake in news agency Indo-Asian News Service Pvt Ltd (IANS), expanding the group’s presence in the media sector.
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700 Washington Post employees walk out over contract and layoff concerns
07 Dec 2023
In an unprecedented move, approximately 700 employees of The Washington Post walked off the job for 24 hours on Thursday, 7 December, 2023.
ESPN valued at $24 billion, Apple and Verizon among likely buyers
03 Nov 2023
According to BofA Global Research, the Disney-controlled ESPN sports network is currently exploring opportunities to attract investments from various sources
Disney to acquire Comcast's remaining 33% stake in Hulu for a minimum of $8.6 billion
02 Nov 2023
In an important move to solidify its position in the global streaming service arena, The Walt Disney Company officially initiated the acquisition process of Comcast's one-third stake in Hulu.
Facebook rebrands itself as Meta; broadens reach to new areas
01 Nov 2021
While Meta will offer other products and services, including Facebook Messenger, Facebook Watch, and Facebook Portal, the change will not apply to its individual platforms, such as Facebook, Instagram and Whatsapp
AT&T to merge media assets with Discovery in $43 bn deal
17 May 2021
As per the terms of the cash and debt deal, AT&T's shareholders would receive stock representing 71 per cent of the new company, while Discovery shareholders would own 29 per cent of the new company
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