A lockup provision has kept him from being able to sell Trump Media shares. With that prohibition about to expire, the price is down more than 70 percent from its peak.
Category: Media
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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.
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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.
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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.
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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.
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Hong Kong Journalists Convicted of Sedition in Stand News Case
The editors said they published stories in the public interest. A judge ruled they were guilty of a crime against national security.
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Edgar Bronfman Jr. Drops Pursuit of Paramount
Mr. Bronfman has frantically put a bid together over the last week even as Paramount raised questions about his financing.
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Hit Chinese Video Game, ‘Wukong’ Seeks to Curb ‘Negative Discourse’
Black Myth: Wukong tried to forbid influential overseas streamers from discussing “feminist propaganda,” Covid-19 and China’s video game industry policies.
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Edgar Bronfman Jr. Submits Bid for Paramount
The offer by Edgar Bronfman Jr. comes days before a crucial deadline in the scramble to acquire control of Paramount.
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The Onion Adds a Monthly Print Edition
The satirical site is hoping a newspaper with fake stories and fake ads will lead to real money.
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Paramount Lays Off 15 Percent of U.S. Employees
The company is cutting staff ahead of its merger next year with the Hollywood studio Skydance.
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Dirt, Daisy Alioto’s Newsletter, Is a ‘Container for Taste’
Daisy Alioto has big ambitions for her small media empire.