Latest in Media Merger
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Zaslav bullish on Trump allowing media mergers
David Zaslav, the chief executive of Warner Bros. Discovery (WBD), is signaling optimism that President-elect Trump's administration will create a good environment for potential media mergers. "We ...Politics - The Hill - November 7 -
Trump picks Robert Kennedy Jr to run US health department
Vaccine sceptic and former Democrat is the latest controversial nomination for cabinet postBusiness - Financial Times - 6 hours ago -
Liberty’s Malone calls for media merger wave under Trump
Billionaire says consolidation should be permitted and adds that ‘allowing Big Tech to run wild’ is inappropriateBusiness - Financial Times - 10 hours ago -
Disney-Reliance Indian media giant says TV ‘is not dead’ following $8.5bn merger
Head of newly formed Jio Star says traditional linear format is still important in the country during streaming eraWorld - Financial Times - 17 hours ago -
Why European bank mergers are back on the table
Rising rates have boosted profits and policymakers want banks that can compete with US rivals. But many obstacles remainBusiness - Financial Times - October 18 -
Frontier, Spirit Airlines Revive Merger Talks
The carriers have held early-stage deal discussions, as Spirit continues negotiations with bondholders over possible bankruptcy terms.Business - The Wall Street Journal - October 23 -
Tapestry-Capri Fashion Merger Is Blocked by Judge
The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors.Business - The New York Times - October 24 -
Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the ...Business - The New York Times - 14 hours ago -
Nippon Steel spends whopping $1.3M on lobbying amid merger threat
The Japanese steelmaker Nippon Steel paid its primary lobbying firm $1.3 million during a dangerous period for its proposed acquisition of U.S. Steel over the summer. From July through September, ...Politics - The Hill - October 21 -
Frontier reportedly considering renewed merger talks with Spirit Airlines
More than two years after a merger deal fell apart, Frontier Airlines is considering another run at acquiring Spirit Airlines, the Wall Street Journal reported Tuesday night.Business - MarketWatch - October 23 -
Michael Kors owner Capri’s shares crater after $8.5bn merger blocked
Decision is a win for antitrust regulators who argued deal with Kate Spade owner Tapestry would strangle competitionBusiness - Financial Times - October 25 -
Merger between makers of Coach and Michael Kors handbags halted by judge
Merger between luxury handbag makers would reduce competition and hurt consumers, U.S. District judge says.Top stories - CBS News - October 25 -
UK regulator paves way for £16.5bn Vodafone-Three merger
CMA signals support for deal as long as companies commit to delivering joint network plan and retaining certain mobile tariffsBusiness - Financial Times - November 5 -
Price and 5G promises needed for Vodafone-Three merger, says regulator
It wants commitments on prices and 5G if the creation of the UK's biggest mobile network is to go ahead.Top stories - BBC News - November 5 -
How Russia’s energy minister plotted merger of country’s oil majors
Pitch by Sergei Tsivilev, a relative of Vladimir Putin, aimed to tighten oversight of Rosneft and nationalise LukoilWorld - Financial Times - 2 days ago -
Tapestry’s stock soars and Capri erases losses as fashion giants scrap merger deal
Tapestry Inc.’ stock soared Thursday, while Capri Holdings Inc.’s stock erased losses to gain 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.Business - MarketWatch - 15 hours ago -
Tapestry, Capri End Merger Hopes Amid Legal Uncertainty
Tapestry—the owner of luxury brands such as Kate Spade and Coach—and Capri—owner of Michael Kors, Versace and Jimmy Choo ended their merger efforts after a federal lawsuit sought to block the deal.Business - The Wall Street Journal - 20 hours ago -
Drake Maye became second QB ever to achieve this feat since NFL merger
Sunday's loss in London was a bad one for the Patriots, but rookie quarterback Drake Maye did make some NFL history (in a good way).Sports - Yahoo Sports - October 21 -
Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.Business - MarketWatch - October 25 -
Colts' Anthony Richardson has been most boom-or-bust quarterback since merger; will he turn it around?
Richardson was benched for Joe Flacco on Tuesday amid his early-season strugglesSports - CBS Sports - October 29 -
Pringles, Cheez-It parent Kellanova marches on toward Mars merger with another profit beat
Kellanova beat profit expectations for a 15th straight quarter, ahead of its $36 billion merger with Mars.Business - MarketWatch - October 31 -
These countries have the most at stake as the U.S. heads to the polls
The world is watching the presidential election as voters go to the polls Tuesday, but the vote is more consequential for some countries than for others.Business - CNBC - November 5 -
British regulator says $19.5 billion Vodafone-Three merger could go ahead if remedies are adopted
Telecom firms Vodafone and Three's multibillion-pound merger could go ahead if the companies adopt proposed remedies from the U.K. competition regulator.Business - CNBC - November 5 -
Merger activity is down 40% from its peak. Citigroup CEO Jane Fraser sees a ‘big unlock’ ahead.
The future could see more megamergers, middle-market deals and initial public offerings.Business - MarketWatch - Yesterday -
How the media is failing us
I include myself in the under-reporting of the most consequential global storiesBusiness - Financial Times - October 31 -
Social Media Layoffs Hit Meta
The tech giant confirmed an unspecified number of job cuts at WhatsApp and Instagram.Business - Inc. - October 17 -
Ancelotti: Mbappé unaffected by media reports
Real Madrid coach Carlo Ancelotti said Kylian Mbappé is "not affected at all" by media speculation -- dismissed by the forward's representatives as "totally false" -- linking the player with a rape ...Sports - ESPN - October 18 -
Trump Ratchets Up Threats on the Media
Presidents are not all-powerful, but, if elected, Donald Trump would have some influence with the federal regulators who oversee major television networks.Business - The New York Times - October 21 -
Bannon: Gaetz DOJ coming for media
Steve Bannon, President-elect Trump's onetime White House adviser and a conservative media personality, said if confirmed to be attorney general, former Rep. Matt Gaetz (R-Fla.) would go after ...Politics - The Hill - 13 hours ago -
Media bias is a great disservice to the American public
The media's bias in the upcoming election has undermined their credibility with a large swath of the country, leading to a lack of trust in the media and a threat to democracy.Politics - The Hill - October 16 -
Meta Battles Social Media Addiction Lawsuit in Massachusetts
Meta, which owns and operates Facebook and Instagram, is facing accusations that it used tactics to get users hooked on its platforms.Business - Inc. - October 19 -
The TikTokification of Social Media May Finally Be Its Undoing
A case involving TikTok may have opened the door to holding platforms liable for the damage they cause.Top stories - The New York Times - October 21 -
WSJ Tech Live: Executives, Investors and Artists Debate AI's Potential
Andreessen Horowitz’s Martin Casado says tech policy is in a ‘dangerous place.’Tech - The Wall Street Journal - October 23