The Media Drop

After yesterday’s news that Dow Jones had, in principle, agreed on the takeover bid from News Corp., we knew that the board of the company, plus the Bancroft family, would be next to go. The Journal’s Sarah Ellison, who’s the one to follow inside this whole thing, writes Wednesday that the company’s board has approved […]

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This just in: Dow Jones deal taken by News Corp.
Okay, not that we’re surprised, but Dow Jones has tentatively accepted the deal for its acquisition by News Corp., for $5 billion. The Wall Street Journal’s Sarah Ellison, who has been covering this story since its inception, shares the details on how the process will go […]

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Just got this article in my inbox about News Corp’s “bid” for Dow Jones at a whopping $5 billion, or about $60/share. While no decision has (obviously) been made at this point, the fourth graf is what has me thinking - about how this could set up Dow Jones for a bit of a battle […]

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Sometimes it kind of bugs me that I link to the free articles in the WSJ so much, but maybe it shows how valuable of a publication that newspaper is. In any case, here’s the latest. Sarah Ellison and Dennis Berman have the lowdown on what is up with Tribune Co., and they inform that […]

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The WSJ’s Aaron Patrick reports that ESPN parent Disney has purchased NASN Ltd., a cable channel that shows a lot of U.S.-based sporting content on television in Europe out of London. Whether or not this “partnership” will end up bringing more European content to America viewers will be a different story.

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Yesterday, I was tipped off to the story about how Bill Nguyen of LaLa had apparently come in to save what is now WOXY.com. In case you’re not familiar, that is what was left of the WOXY that previously broadcast on 97.7FM out of Cincinnati, Ohio.
That does appear to be the case, according to […]

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On Friday, some key news came out about how Tribune Co. is going to handle its own business, but what’s most important here isn’t that the company is trying to be more productive, but the fact that the company is now up for sale, if you really read between the giant lines that have now […]

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Facing financial issues, most likely, the San Diego Union-Tribune announced today that it would bring in, or as it is referred to, “consolidate” in the operations of Today’s Local News, a free paper in north San Diego. That is to say, that The Copley Press Inc., the parent of both publications, saw a need to […]

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With Tuesday’s announcement that Time Warner was looking to off up to 18 magazine titles it currently owns, some less than a decade after buying them in the first place, followed by the New York Times Co. stating that it was interested in selling the nine television stations that it owns, what’s a buyer to […]

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The AP’s David Rising reported this morning that Bertelsmann AG will be selling BMG to Vivendi for more than $2 billion, making Vivendi by far the “largest music publisher by catalog size.”
It’s unclear if this does anything big that will be seen by the average consumer purchasing music, except for the potential for the “rich […]

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