Tv, Acquisition | featured news

Dish Network Corp, the No. 2 U.S. satellite television provider, on Monday offered to buy wireless service provider Sprint Nextel Corp for $25.5 billion in cash and stock, a move that could inspire other telecommunications or video companies to consider their own prospects of combining.

Comcast says it's buying General Electric's 49 percent stake in NBCUniversal joint venture for $16.7 billion.

Post-vice presidential life has been very good to Al Gore. Thanks to the $500 million sale of his liberal news station Current TV to Al Jazeera this month, Gore now has a personal fortune of $300 million, Forbes magazine estimates. That puts him ahead of Republican presidential contender Mitt Romney, whose estimated $230 million left him vulnerable to charges that he was out of touch with the common man.

Dick Clark Productions, which produces TV programs including "New Year's Rockin' Eve" and the Golden Globe Awards, is being sold to a group including investment firm Guggenheim Partners.

T-Mobile USA, which just had its acquisition by AT&T blocked by regulators, is now urging the federal government to block another deal in the wireless world: Verizon's planned purchase spectrum from cable companies for $3.6 billion.

Yahoo has acquired start-up IntoNow, a service that enables people to “check-in” to content while watching it on their televisions.

Comcast Corp has completed its takeover of NBC Universal, creating a $30 billion media behemoth that controls not just how television shows and movies are made but how they are delivered to people's homes.

Reports say regulators are on the verge of approving purchase of 51% stake in media giant from General Electric.

The head of the Federal Communications Commission proposed regulatory conditions Thursday to ensure that cable giant Comcast Corp. cannot stifle video competition once it takes control of NBC Universal....

Comcast Corp. announced Thursday it plans to buy a majority stake in NBC Universal for $13.75 billion, giving the nation's largest cable TV operator control of the Peacock network, an array of cable channels and a major movie studio....