Latest in Acquisition

Signaling ongoing consolidation of the broadcast business, Gray Television has made an $8.5 billion bid for larger rival Tegna, according to Reuters, sending Tegna stock up by more than 30% in premarket trading Friday in what looks set to be an otherwise down market. Gray offered about $20 a share in cash and stock…

Fox Corp. said it has closed its $265 million purchase of a majority stake in financial technology startup Credible Labs, which has been publicly traded in Australia. The deal, which was announced last summer, will see Fox own 67% of the company, with a pledge of $75 million in additional financing for its future…

New York magazine will soon be under new ownership. Vox Media agreed Tuesday to acquire New York Media, the print magazine’s parent company, the New York Times reported Tuesday evening. "No one had to do this," Pam Wasserstein, chief executive of New York Media, told the Times. "It's a brilliant, in our view…

The Miroma Group, a multi-faceted marketing outfit with stakes in the media and tech sectors, announced has acquired UK communications firm Way To Blue. Terms of the all-equity deal were not disclosed, but Miroma said it was one of the biggest transactions in its history. Its most notable recent acquisition brought…

HBO has inked a deal for North American TV rights to Martin Scorsese’s documentary George Harrison: Living in the Material World, which will debut on the network in two parts on Oct. 5 and Oct. 6. The doc explores the musical and spiritual life of the ex-Beatle and cultural icon, mostly in Harrison’s own words. It’s…

Millennium Entertainment has acquired U.S rights to Puncture, a legal drama starring Chris Evans, and is planning a fall 2011 theatrical release. In the based-on-fact film, directed by Adam and Mark Kassen, Evans plays a drug-addicted lawyer who takes on a powerful medical-supply corporation by representing a renegade…

New York, NY (June 14, 2011) — The Cinema Guild announced today the acquisition of U.S. distribution rights to Nuri Bilge Ceylan's "Once Upon a Time in Anatolia," co-winner of the Grand Prix at the 2011 Cannes Film Festival. The deal was negotiated by Ryan Krivoshey of The Cinema Guild with Sezgi Üstün on behalf of…

New York, NY, June 13, 2011 – The Weinstein Company (TWC) announced today that it has acquired U.S. distribution rights to "W.E.," Madonna's directorial debut of a feature film. W.E. is a romantic drama co-written by Madonna and Alek Keshishian, produced by Madonna and Kris Thykier and executive produced by Scott…

LOS ANGELES, CA May 5, 2011 – Sanford Panitch, President of Fox International Productions, announced today that Fox International Productions has brokered a deal for the worldwide rights to EVERYBODY HAS A PLAN starring Viggo Mortensen (The Lord of the Rings trilogy) and Soledad Villamil (The Secret in Their Eyes) in…

BURBANK, Calif., May 4, 2011 – Warner Bros. Home Entertainment Group today announced an agreement to acquire Flixster, the movie discovery application company with over 25 million worldwide users per month. The acquisition also includes Rotten Tomatoes website devoted to film reviews, information and news. Under the…

Magnolia Pictures has acquired North American rights to Blackthorn, a Western about the final days of Butch Cassidy. Pic stars Sam Shepard, Stephen Rea, Eduardo Noriega and Nicolaj Coster-Waldau. Mateo Gil directed it from script by Miguel Barros. Ibon Cormenzana and Andres Santana produced. Pic premiered last week in…

Dimension Films has preemptively purchased the spec script The Greys, a sci-fi thriller by scribe Adam Cohen that Before the Fall helmer F. Javier Gutierrez will direct. Sean and Bryan Furst are producing. Logline’s being kept under wraps…