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Byron Allen Among Bidders For Local TV Giant TEGNA

TEGNA, the local TV company with some 64 stations in 51 markets, confirmed Tuesday that it has received multiple acquisition proposals. “Consistent with its fiduciary duty to TEGNA…

Univision Deal Closes: Investor Group Takes Majority Stake, Wade Davis Becomes CEO

An investor group led by former Viacom CFO Wade Davis has closed its acquisition of a majority stake in Spanish-language media giant Univision Communications.

ViacomCBS to Sell Simon & Schuster to Penguin Random House for More Than $2 Billion

ViacomCBS has agreed to sell its book unit Simon & Schuster to Bertelsmann's Penguin Random House for $2.175 billion in cash.

Analyst Calls Cable-Industry Mergers ‘A Long Shot’

While chatter about possible deals has grown louder, Wells Fargo's Marci Ryvicker says many are "unlikely to occur in the near to medium term."

Sun Valley: Liberty’s John Malone Urges DirecTV-Dish Network Merger

The satellite supporter wants one giant instead of two.

Inside John Malone’s Strategy to Corner Broadband (Analysis)

Called "swamp alligator" for his ability to lie in wait, the Liberty Media mogul is inhaling other cable operators as he attempts to own all of the future's methods of distribution.

News Corp.’s HarperCollins Acquires Film Books Publisher Newmarket Press (Exclusive)

A new move into entertainment publishing pairs Shooting Scripts series and movie tie-in books with hot pop culture imprint It Books.

Deluxe Entertainment to Merge Postproduction Operations

Next Element by Deluxe will be combined with Encore and Level 3 Post, two facilities that Deluxe acquired in late 2010.

Electronic Arts Acquires Firemint, Maker of Games for Apple’s iPod, iPad, iPhone

The Australian-based company has self-published four titles: "Flight Control," "Real Racing," "Real Racing 2" and "Agent Squeek."

Red Arrow Buys Brit Production House the Mob Film Co.

The BAFTA-winning company is best known for its TV adaptations of Terry Prachett's Discworld best sellers.

Starz Unloads Majority Stake in Starz Animation Toronto

A Canadian consortium purchases control of the Toronto studio following its successful work on "Gnomeo & Juliet."

Arianna Huffington on Journalism: ‘It’s Time to Move Beyond Left and Right’

The Huffington Post founder and AOL chief Tim Armstrong downplay concerns about a partisan AOL following its $315 million acquisition of the site.