Warner Bros. Discovery shares spike as CEO shops media group around — setting up bidding war

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David Zaslav wants a bidding war for his media conglomerate — and investors say “bring it on!”  Shares of Warner Bros. Discovery spiked 17% to $18.87 on Friday after The Post reported that CEO Zaslav isn’t waiting around for Paramount Skydance to officially confirm a reported monster bid for the owner of Warner Bros. studios, […]


Lachlan Murdoch takes control of media empire after family ends legal battle over Fox, News Corp

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The Murdoch family on Monday resolved the legal battle over control of its media empire, which includes Fox Corp. and News Corp, the company said. Lachlan Murdoch — the executive chairman and CEO of Fox Corp. and chairman of News Corp — will maintain control of the media giant forged by his 94-year-old father, Rupert […]


Byron Allen’s media group sells 10 local TV stations in $171M deal

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Aspiring media mogul Byron Allen sold off 10 local TV stations for $171 million as his struggling company unwinds its portfolio. Allen Media Group — which owns The Weather Channel — sold its ABC, NBC, CBS and Fox affiliates based in Alabama, Illinois, Indiana and Louisiana to Gray Media, which has 180 local stations in […]


Media shifts brings a new crop of leaders into play

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Warner Bros. Discovery Chief Financial Officer Gunnar Wiedenfels walks to a session at the Allen & Company Sun Valley Conference on July 9, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Legacy media is in a time of tumult. And it’s bringing a new crop of decision-makers to the fore. In an industry […]


WNBA, Scripps renew media rights deal

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Caitlin Clark, #22 of the Indiana Fever, brings the ball up court during the first half of a WNBA game against the Chicago Sky at Wintrust Arena in Chicago on Aug. 30, 2024. Melissa Tamez | Icon Sportswire | Getty Images The WNBA and E.W. Scripps announced on Friday a new multiyear media rights agreement […]


‘The Office’ star Rainn Wilson rips ‘left-leaning’ media outlets during MS

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“The Office” star Rainn Wilson slammed “left-leaning” media outlets for causing the public to lose trust in President Donald Trump and Elon Musk — while being cheerleaders for the Biden administration. Wilson, who played the ambitious Dwight Schrute on the hit show, voiced his complaints to MSNBC anchor Stephanie Ruhle during an interview with her […]


Videos reportedly telling US consumers to buy Chinese fashion items hit social media

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Videos posted by Chinese TikTok users that suggest people should purchase fashion items directly from factories in China have surfaced in the U.S. in recent weeks, according to Bloomberg. The videos claim many apparel brands, such as Nike and Lululemon, get their products from Chinese factories, with some praising the quality of Chinese manufacturing, the outlet reported Monday. […]


Meta’s Antitrust Trial Begins as FTC Argues Company Built Social Media Monopoly

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The Federal Trade Commission on Monday accused Meta of creating a monopoly that squelched competition by buying start-ups that stood in its way, kicking off a landmark antitrust trial that could dismantle a social media empire that has transformed how the world connects online. In a packed courtroom in the U.S. District Court of the […]


Tesla Fires a Manager Who Criticized Elon Musk on Social Media

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Tesla became the latest part of Elon Musk’s business empire to make it clear that criticism of the chief executive is unacceptable by firing a manager last month after he objected to a post on social media by Mr. Musk that referred to Nazi leaders. Jared Ottmann, a manager and engineer who worked with Tesla’s […]


Digital Estate Planning: How to Prepare Your Social Media Accounts

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How do you want your social media pages, smartphone photos and computer files handled after you die? While property and money distribution are usually at the top of the estate-planning list, don’t forget to leave instructions regarding your digital accounts and assets — so your survivors are left with more than just random bits and […]