Hints and tips:
...Binance plans to take a $200mn stake in US business media group Forbes, which it once sued for defamation, as the century-old publisher aims to go public via a special purpose acquisition company....
...Mr Taylor is worth an estimated $3.5bn, but that did not stop the Minneapolis Star Tribune from asking reporters to take unpaid leave this year....
...The Players’ Tribune, which was founded by New York Yankees star Derek Jeter, is a digital platform created to allow sports stars connect to their fans, featuring personal essays and video interviews....
...Lee Enterprises, which owns nearly 50 newspapers across the US including the Arizona Daily Star, also blocked EU users from its websites....
...The social media group and the music companies have not disclosed financial details of their agreements....
...The Federal Communications Commission is studying a proposed takeover by Sinclair Broadcast Group of rival station owner Tribune Media....
...Media executives expect the FCC to take other steps towards allowing companies to own more stations....
...Jay-Z, the leading hip-hop star, is also set to enter the market, having acquired Aspiro, a Swedish music streaming group, and is set to use his clout and connections — his RocNation company represents acts...
...Attitudes towards charging online have undergone “a revolutionary change in the last six months”, adds Steven Brill, co-founder of Press+, a company that has advised 258 media groups on charging for content...
...It has focused on the more defensive healthcare and energy sectors, after losing money on media deals done before the crisis, such as its buy-out of the Minneapolis Star Tribune newspaper, which went bankrupt...
...As the Minneapolis Star Tribune recorded at the time, investors were already queueing — and failing — to get their money back....
...Tribune Company has since been placed in Chapter 11 bankruptcy protection....
...Landmark Media Enterprises last week abandoned its attempt to sell the Virginian Pilot, and bankers familiar with San Diego Union Tribune and Orange County Register say both have seen sharp declines in profits...
...The number of publishers in or near default on their debt has lengthened to include Journal Register, the Minneapolis Star Tribune and Philadelphia Media News, which publishes the Philadelphia Inquirer....
...Sam Zell, the real estate mogul who recently bought the Tribune Company of Chicago, is implementing an unprecedented 50/50 ratio between advertising and editorial content....
...Tribune’s bankers have asked for final offers for the company in mid-January, according to people familiar with the matter, in the hope of wrapping up a sale or restructuring of one of the largest US media...
...Greenberg represented C.V. Starr & Co. Role reversal After years of serving as a top consultant to the world’s largest media groups, Michael Wolf is joining one....
...The arrangement was not unusual for the two media groups, both owned by Tribune, the company behind the Chicago Tribune, New York's Newsday and more than a dozen broadcasters across the country....
...Labour scores just 23 per cent, while six out of ten company directors say - perhaps unsurprisingly - they will vote Tory....
International Edition