A change in Presidential administration toward Trump could help Venu Is the Venu-Fubo fight becoming politicized? To the surprise of some, it is. As first reported by Awful Announcing on September 28, six Republican Attorney Generals and five Republican Congressmen are filing separate friend-of-the-court briefs with Venu in their fight with Fubo over the right to exist. The Attorneys General […]
Creates the largest pay-TV provider in the country with an estimated 18 million subscribers As anticipated amid rumors over the weekend, DirecTV has agreed to purchase rival satellite TV provider Dish DBS (direct broadcast satellite) from Echostar for $1 and the assumption of $9.75 billion in debt. The transaction, subject to government approval, will create the largest pay-TV conglomerate in […]
Comes a day after a former Nexstar exec says it could happen [Editor’s Note: This story has been updated.] News of a potential ABC sale picked up Thursday after Bloomberg reported The Walt Disney Co. was in talks for either Nexstar or Allen Media Group (led by Byron Allen) to purchase ABC and its owned eight stations, after a Deadline […]
Required sale of RSNs paves way for merger In a marked turn from its dealings with AT&T and TimeWarner, the Justice Department announced Wednesday it has approved a $71.3 billion deal between The Walt Disney Corporation and 21st Century Fox for most of the latter’s business. The deal was originally announced in December 2017, with Disney offering $52 billion for […]
It’s a station ownership mess in Virginia: In a follow-up to a story in yesterday’s Groovy Grab Bag, The Department of Justice has told Raycom to sell its CBS affiliate in Richmond, Va. (WTVR) – and you have thirty days to do so. Or else. Raycom acquired NBC affiliate WWBT-TV in Richmond as part of the company’s acquisition of the […]