Forum:Acquisitions affected by WarnerMedia-Discovery merger
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In June 2021, Playdemic was purchased by Electronic Arts for $1.4 billion. |
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In September 2021, WarnerMedia sold TMZ to Fox Corporation in a deal worth about $50 million with TMZ being operated under the Fox Entertainment division. |
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On 13 December 2021, it was announced that Vox Media would acquire Group Nine Media. |
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On December 21, 2021, AT&T announced that they had agreed to sell Xandr (including AppNexus and Clypd) to Microsoft for an undisclosed price, subject to customary closing conditions, including regulatory reviews. |
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On January 5, 2022, The Wall Street Journal reported that WarnerMedia and Paramount Global (at the time known as ViacomCBS) were exploring a possible sale of either a majority stake or all of The CW, and that Nexstar Media Group (which became The CW's largest affiliate group when it acquired former WB co-owner Tribune Broadcasting in 2019) was considered a leading bidder. The news led to speculation that, should a sale take place, new ownership could steer the network in a new direction, transforming The CW from a young adult-oriented network into one that featured more unscripted and even national news programming. However, reports also indicated that WarnerMedia and ViacomCBS could include a contractual commitment that would require any new owner to buy new programming from those companies, allowing them to reap some continual revenue through the network. Network president/CEO Mark Pedowitz confirmed talks of a potential sale in a memo to CW staffers, but added that "It's too early to speculate what might happen" and that the network "must continue to do what we do best." |
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The acquisition of Group Nine Media was completed on 22 February 2022. |
