Two former “Apprentice” contestants who helped found Truth Social have sold their nearly 6 percent stake in Trump Media & Technology Group.
Category: Media
-
Axel Springer Strikes Deal With KKR to Split Up Publishing Giant
The deal values all of Axel Springer at roughly $15 billion, with the company’s publishing assets worth about $4 billion.
-
Air Mail, Digital Weekly for the Smart Set, Is Said to Be Exploring a Sale
The company, founded in 2019, is known for its weekend newsletter of deeply reported features, travel recommendations and shopping tips.
-
The Guardian in Talks to Sell The Observer to Tortoise Media
The Observer, first published in 1791, could be bought by Tortoise Media, an outlet founded by a British media veteran that began publishing in 2019.
-
DirecTV’s Dispute With Disney Shows Why Satellite TV Is in Trouble
While the cable TV business is declining quickly, satellite TV is decaying even faster.
-
The Spectator Magazine Sold to Paul Marshall, a U.K. Hedge Fund Tycoon
Paul Marshall, a multimillionaire founder and investor in upstart conservative media outlets, has bought the right-wing magazine in a deal worth more $131 million.
-
Hedge Fund Pushes for End of Murdochs’ Control at News Corp
Starboard Value, a fund that takes stakes in companies and agitates for changes, said that political disagreements among Rupert Murdoch’s children could be “paralyzing” for the media firm.
-
Inside Disney’s Succession Struggle and Bob Iger’s Return to Power
The inside story of how Bob Iger undermined and outmaneuvered Bob Chapek, his chosen successor, and returned to power at Disney.
-
Larry Ellison Will Control Paramount After Skydance Merger
An F.C.C. filing shows that companies affiliated with Mr. Ellison will own most of the voting interest currently held by Shari Redstone.
-
J. Richard Munro, Who Oversaw the Creation of Time Warner, Dies at 93
As president and C.E.O., he expanded Time Inc.’s offerings, fended off a hostile takeover and built the world’s largest media company.