Meredith Corp. is close to walking away from its attempt to merge with Media General, allowing Nexstar Broadcasting Group to acquire the TV station owner after months of negotiation, according to people familiar with the matter.Meredith, the owner of broadcast stations and magazines like Better... Continue reading >> [ Source: Advertising Age | 2016-01-27 00:00:00 UTC ]
Proposal outlines a plan to create a ‘pure-play’ broadcast company, without ‘significant exposure to publishing.’ The post Nexstar Attempts to Disrupt Meredith Deal with Bid for Media General appeared first on Folio:. Continue reading >> [ Source: Folio Magazine | 2015-09-28 00:00:00 UTC ]
Media General Inc said it would buy diversified media company Meredith Corp for about $2.34 billion to create the third-largest local TV station owner in the United States. The deal marks Media General's return to the print business, after ... Continue reading >> [ Source: Editor & Publisher | 2015-09-08 00:00:00 UTC ]
Media General and Meredith Corp. are combining to form the third biggest TV broadcaster. What you need to know: This is the latest in a TV consolidation wave as broadcasters seek a hedge against declining audiences and a shift to digital and try to capitalize on political ad spending. It looks... Continue reading >> [ Source: Digiday | 2015-09-08 00:00:00 UTC ]
Hires this year by MediaMath, one of the few large independent ad tech companies that hasn't gone public or sold, suggest that it's gearing up for change, beit an initial public offering or more aggressive growth as a still-private player.Most recently, Rich Schmaeling joined MediaMath this... Continue reading >> [ Source: Advertising Age | 2015-08-27 00:00:00 UTC ]