Archive
27 Jun

Black Press challenges Quebecor’s Osprey bid

(From Bloomberg.com) Osprey Media said it received a takeover bid of about $404 million from Black Press Ltd., topping a May 31 offer from Quebecor Media Inc. Osprey is giving Quebecor until July […]

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27 Jun

Dow Jones, NewsCorp. agree to protect WSJ

News Corp. and Dow Jones have agreed in principle on ways to ensure the Wall Street Journal’s independence, according to sources close to the deal. The issue of the newspaper’s […]

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20 Jun

Big media vs. public airwaves

In its June 2007 newsletter, the Canadian Media Guild reviews month-by-month the changes in Canadian media ownership over the last year, and forecasts their impending (negative) impact on local news.

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12 Jun

Rogers to buy Citytv stations

Rogers Media is buying the five Citytv stations CTVglobemedia Inc. was ordered to sell for approximately $375 million. The stations are in Toronto, Edmonton, Calgary, Winnipeg and Vancouver, where CTV already has […]

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11 Jun

Takeover zeal in the news industry short-lived

Struggling with shrinking margins and uncertain prospects, newspaper companies have endured slumps in their stock prices in the past four years, making them ripe takeover targets. But bankers and analysts […]

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18 May

Cerberus courting Shaw and Can-West to help buy BCE

The Globe and Mail is reporting that Cerberus Capital Management is in talks with Shaw Communications Inc. and CanWest Global Communications Corp. to form a buying group to purchase BCE […]

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15 May

Thomson seals Reuters deal

(AP) Reuters has agreed to a $17.2 billion (U.S.) takeover by Thomson that would vault the combined entity ahead of Bloomberg to become the world’s largest financial data and news […]

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15 May

Media merger madness

This CNNMoney.com story provides an overview of the recent wheeling and dealing between News Corp./Dow Jones and Thomson/Reuters and suggests why there may be more mergers on the horizon.

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