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Private equity and strategic buyers retreat from media M&A landscape, leaving deals in the lurch.
The three-year-old Consumerist.com blog will become part of the non-profit group that publishes Consumer Reports.
The Chinese Internet media company hopes to bolster its advertising revenue in the $1.37 billion all-stock deal.
Richard Gay will oversee the development of Viacom channels, including any M&A initiatives the properties pursue.
Pearson exec Michael A. Senske will lead the combined company.
Tribune Co., the publishing company acquired last December by real estate investor Sam Zell, has filed for bankruptcy protection in a Delaware court.
Newspapers in the US have been reduced to having to pinch pennies, as the print industry, as much as any other sector of the economy, is facing a downward spiral into an abyss of red ink.
Landmark Communications has sold its crown jewel, The Weather Channel, but it remains to be seen whether the company will meet objectives of selling print assets by the close of the calendar year.
Private equity firms have familiarized themselves with extreme sports activities, prompting many companies in the category to go on the block.
The Federal Communications Commission approved the merger of XM Satellite Radio Holdings and Sirius Satellite Radio Inc.
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