Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
storytext AT&T and Time Warner have agreed to an $85 billion deal — one of the biggest media tie-ups ever. The move, announced Saturday evening, will help AT&T expand beyond wireless and Internet service into programming. Time Warner (TWX) is the parent of CNN, TNT, HBO, the Warner Bros. studio, and other channels and websites….
Walt Disney Co. decided not to pursue a bid for Twitter Inc. partly out of concern that bullying and other uncivil forms of communication on the social media site might soil the company’s wholesome family image, according to people familiar with management’s thinking. The producer of family fare like “Finding Dory” had gone so far…
Start Article Post Content Discovery Communications, in a significant consolidation in the digital media sector, is investing $100 million into a new digital media holding company that will merge Thrillist Media Group, NowThis Media, The Dodo and Discovery’s digital network Seeker and its SourceFed Studios. The new company, Group Nine Media, will be headed by Ben Lerer…
Verizon is pushing for a $1 billion discount off its pending $4.8 billion agreement to buy Yahoo, several sources told The Post exclusively. The request comes on the heels of the web giant getting bludgeoned by bad news in the past few days. Yahoo revealed two weeks ago that it had been hacked in 2014…
This was supposed to be a rant about why it makes no sense for Salesforce to buy Twitter. But like the kids say, life comes at you fast*. So now we’re on to Disney. It’s not insane to imagine that Disney would think about maybe kinda taking a look at Twitter, as Bloomberg is reporting….
GTM DataLayer Umbel End Umbel [if lte IE 9]>< ![endif][if gte IE 10]>< ![endif] Google Tag Manager Container End Google Tag Manager Container A hacker named “Peace” is bringing chaos to the internet giant just as its sale to Verizon is pending. Providence End Providence Phonograph End Phonograph Source: Yahoo is expected to confirm massive...
Here’s a tiny, tiny wrinkle in the ongoing Gawker Media auction: LittleThings, a digital publisher that specializes in Facebook-friendly content, says it wants to buy Jezebel, one of the sites owned by Gawker Media. The problem is, Jezebel isn’t for sale: Gawker Media, which is in bankruptcy, wants to sell all seven of its sites…
< ?xml version="1.0" encoding="UTF-8"????> Yahoo CEO Marissa Mayer. AP Photo/Lionel Cironneau, File Verizon will acquire Yahoo’s core internet business for about $4.83 billion in cash, the telecommunications company announced on Monday. Yahoo will be merged with Verizon’s AOL and will sit under EVP and president of product innovation and new businesses Marni Walden. The deal doubles…
Verizon and Yahoo are set to announce that they are striking an acquisition deal, according to sources close to the situation. The news is expected by Monday, although it could come earlier or later. But Yahoo told other bidders this afternoon — those interested in buying Yahoo have included private equity firm TPG and a…