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Television
fromExchangewire
1 week ago

Digest: WBD Draws Bids from Paramount, Comcast & Netflix; Google Makes Final Plea in Ad Tech Monopoly Case; ChatGPT Rolls out Group Chats

Major media firms bid on Warner Bros. Discovery; Paramount targets Champions League rights; Google defends its ad business; ChatGPT rolls out group chats globally.
Media industry
fromAxios
2 months ago

Hollywood's new power player

Ellison's Paramount Skydance is pursuing a cash bid for Warner Bros. Discovery to add CNN and Warner Bros. Pictures and scale streaming competitiveness.
fromTechCrunch
2 months ago

Blackrock-backed Minute Media acquires Indian AI startup that extracts sports highlights | TechCrunch

BlackRock and Goldman Sachs-backed media startup Minute Media, which owns properties like Sports Illustrated, The Players' Tribune, and 90 Minutes, announced Monday that it is acquiring VideoVerse, an Indian AI startup that lets broadcasters extract highlights and create content from sports footage. VideoVerse's clients include the Indian Premier League and Women's Premier League Cricket tournaments, FIFA+, and broadcasters Nippon TV and Cubber TV.
Venture
Media industry
fromExchangewire
3 months ago

Digest: Empower Acquires Ocean Media; TV Networks Rally to Scrap Broadcast Tax; China Enforces Mandatory AI Content Labelling

Empower acquired Ocean Media to form Empower Ocean Media Group, creating a combined agency overseeing about USD$1.5bn in US billings and around 400 employees.
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