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...Other media groups are also looking at deals involving their customer data, according to industry executives....
...The social media platform is trying to secure an anchor investor as it pitches its fast-growing advertising business and the promise of revenues from selling its data....
...Many media executives are especially angry given social media platforms have used free newspaper content to help build their audiences....
...[Enlarge] Further reading:— Alert: Alphaville LLC issues new research report on Duchy of Cornwall (FTAV)— Greenland: Alphaville put on its sellside hat for the deal of the century (FTAV)— Alphaville LLC...
...in the next few months....
...group Apollo have told Paramount Global they intend to make a $26bn cash offer for the entertainment company, just one day before an exclusivity window is set to expire for a competing bid from Skydance Media...
...Trump Media went public through a merger with a blank-cheque company late last month....
...But streaming has also killed media companies’ golden goose, as consumers have “cut the cord” of cable TV in favour of subscriptions....
Ordinary shareholders could feel like faceless extras in the entertainment group’s go-private sale
...Among the proposals is for social media companies to verify businesses advertising on their platforms....
Media company is already in exclusive talks with Skydance about a potential deal
...Many MPs and media analysts expect Frazer to request a second-phase inquiry by the CMA rather than face the political firestorm of approving the deal....
...Trump Media & Technology Group, the company behind his Truth Social site, will list on the Nasdaq exchange with the ticker symbol DJT, Trump’s initials, next week....
...“Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation,” he added....
...The Australian government has threatened action against Meta, the owner of Facebook and Instagram, after the US social media company said it would stop paying local media companies this year for using their...
...While Durban and Mondre say the market is “fully priced to overvalued” and an opportunity to sell non-core assets, they will be plotting another round of large takeovers during the inevitable next sell off...
...Brands are now creating their own virtual social media influencers with AI, so they don’t have to pay the $1,000 or so per post that some real influencers charge....
...Apollo has yet to decide on its next move but has signalled dissatisfaction with the outcome. Regardless, this is a test that the Spain’s regulator has passed....
Also in this newsletter: UN Security Council calls for ceasefire in Gaza, UK accuses China of cyber attacks, neurodiversity in the workplace
...In the next quarter, the company expects demand to “normalise” from a post-pandemic high....
...Rothschild had an astonishing convening power and had a seat at the nexus of art, finance, media and politics....
...RedBird IMI had agreed to acquire the Spectator as part of a proposed £600mn takeover of the wider Telegraph Media Group last year....
...London-based Argus Media has been valued at $4.6bn including debt after a deal that will see its chief executive take a majority stake in the energy and commodity data provider....
...Analysts are holding off on upgrading estimates for 2025 until they know when the next of Maas’s books is scheduled for publication....
...As part of the transaction, Endeavor became a separate talent agency with other businesses spanning sports media rights and data analytics, but kept a controlling stock interest in the merged combat sports...
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