Judging by the animosity between the two, you’d would never know News Corp. and DirecTV were once sister companies. On November 1, the satellite-service provider is planning to pull nineteen News Corp. cable networks from its system if they can not come to an agreement on a new deal. And now, Fox is saying all 26 of its owned stations […]
It looks like Sirius-XM received a bailout plan of its own: and it’s not from the government…. Liberty Media (headed by John Malone) has come to the rescue of the beleaguered satellite radio operator, with a $530 million dollar investment. The money will come in two phases – both in the form of loans. One of the phases is being […]
Comcast Corp. has bought out Cablevision’s share in the FSN Bay Area and FSN New England sports nets for $570 million. Comcast will get 60 percent of the stake in FSN Bay Area (with Fox owning the other 40 percent) and 50 percent in FSN New England, giving it full control. FSN Bay Area carries San Francisco-Oakland-San Jose sports teams, […]
CBS Corp. has sold its last remaining small-market station: It dealt WFRV-TV in Green Bay, Wis., and its satellite station WJMN-TV to Liberty Media Corp. for $170 million in cash and 7.6 million shares of CBS stock. This comes after CBS sold a bunch of medium-market stations to Ceberus Capital Management, including KUTV in Salt Lake City and KEYE in […]