Monday, February 26, 2018

Deals Updates

AT&T has had a setback in the legal case over its Time Warner merger review, while Wall Street apparently isn't high on the idea of CBS-Viacom getting back together.

Over in the Disney-Fox deal world, 21st Century Fox's TV outlets say they'll carry on as usual through upfronts, given how far away closure of any deal will be. But we're free to carry forth with speculation, and Jason Lynch considers how edgy FX and its CEO John Landgraf could operate under the Disney umbrella. Meanwhile, over in the UK, Rupert Murdoch is trying to shore up his Sky takeover bid by promising guaranteed support for Sky News. And then back over here in US broadcasting land, 21st plans to buy six Sinclair stations, as Sinclair tries to complete its Tribune deal. Sinclair is also looking to unload WGN.

Finally, two new deals: Imagine Entertainment has made a controlling investment in Jax Media, the company behind such shows as Broad City, Full Frontal, and Roseanne. And AMC Networks is acquiring majority control of Robert Johnson's RLJ Entertainment, which owns Acorn TV.

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