Like Community News Media LLC

announced 2/23/2022 via PR Newswire

Cox Media Group, Inc., will acquire Community News Media LLC

synopsis: Cox Media Group is to acquire the station group currently owned by Standard General's affiliate, Community News Media LLC. Community News Media LLC is comprised of the television stations KBSI (Fox) – Cape Girardeau, Missouri, KLKN (ABC) – Lincoln, Nebraska, WDKA (MyNet) – Paducah, Kentucky, and WLNE-TV(ABC) – New Bedford, Massachusetts.
buyer parent: Apollo Global Management
buyer: Cox Media Group, Inc.
Cox Media Group (CMG) is an integrated broadcasting, publishing, direct marketing and digital media company. The company's operations include broadcast television stations, radio stations, daily newspapers and non-daily publications. "
target parent: Standard General L.P.
target: Community News Media LLC
Community News Media LLC is comprised of the television stations KBSI (Fox) – Cape Girardeau, Missouri, KLKN (ABC) – Lincoln, Nebraska, WDKA (MyNet) – Paducah, Kentucky, and WLNE-TV(ABC) – New Bedford, Massachusetts.
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closed 2/24/2022 via GlobeNewswire

Cox Media Group, Inc., acquired KLSR (Fox) and KEVU-CD (MNT)

synopsis: California Oregon Broadcasting Inc. (COBI) has sold its Eugene, Ore., duopoly of KLSR (Fox) and KEVU-CD (MNT) to Cox Media Group. KLSR (Fox) is a Fox-affiliated television station licensed to Eugene, Oregon and KEVU-CD (MNT) is a low-power, Class A MyNetworkTV-affiliated television station also licensed to Eugene, Oregon.
buyer parent: Apollo Global Management
buyer: Cox Media Group, Inc.
Cox Media Group (CMG) is an integrated broadcasting, publishing, direct marketing and digital media company. The company's operations include broadcast television stations, radio stations, daily newspapers and non-daily publications. "
target parent: California Oregon Broadcasting Inc.
target: KLSR (Fox) and KEVU-CD (MNT)
KLSR (Fox) is a Fox-affiliated television station licensed to Eugene, Oregon and KEVU-CD (MNT) is a low-power, Class A MyNetworkTV-affiliated television station also licensed to Eugene, Oregon.
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announced 8/19/2020 via PR Newswire

Entertainment Studios, will acquire KITV-ABC 4

synopsis: Allen Media Group (Entertainment Studios) division Allen Media Broadcasting has signed a purchase agreement for its acquisition of broadcast television station KITV from SJL Broadcasting. KITV4 is the ABC affiliate in Hawai`i. Island News covers news of the Aloha State and broadcasts from its studio in Honolulu.
buyer: Entertainment Studios
Chairman and CEO Byron Allen founded Entertainment Studios in 1993. Entertainment Studios owns 16 U.S. Big-Four network affiliate broadcast television stations and nine 24-hour HD television networks/streaming services serving nearly 160 million subscribers. "
target parent: Lilly Broadcasting LLC
target: KITV-ABC 4
KITV4 is the ABC affiliate in Hawai`i. Island News covers news of the Aloha State and broadcasts from its studio in Honolulu.
price ($mm)
$30
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closed 6/20/2018 via GlobeNewswire

ZenoRadio, acquired AudioNow

synopsis: ZenoRadio, a top ten streaming radio company, announced the acquisition of AudioNow and a rebranding to Zeno Media. AudioNow is a company which connects diaspora communities to their countries of origin and news in their native languages through mobile access to radio and television content.
buyer: ZenoRadio
ZenoRadio is a top ten streaming radio company that amplifies local voices while connecting niche and diaspora communities worldwide. They distribute live, cloud-based, interactive broadcast content primarily through mobile devices. They have rebranded as Zeno Media. "
target: AudioNow
AudioNow is a company which connects diaspora communities to their countries of origin and news in their native languages through mobile access to radio and television content. Founded in 2008, AudioNow is headquartered in Washington, D.C.
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announced 9/2/2015 via PR Newswire

Gray Television, Inc., will acquire KCRG-TV9

synopsis: Gray Television, Inc. announced that it has reached an agreement with The Gazette Company to acquire KCRG-TV, the ABC affiliate for the Cedar Rapids, Iowa, DMA. KCRG-TV is the number-one ranked television station in its DMA and dominates its local market in terms of community service, viewership, innovation, and revenue.
buyer: Gray Television, Inc. (GTN:$2,391.00)
Gray Television, Inc. is a television broadcast company headquartered in Atlanta, Georgia, that owns and/or operates television stations and leading digital assets in markets throughout the United States. They reach approximately 8.1 percent of total United States television households. "
target parent: The Gazette Company
target: KCRG-TV9
KCRG-TV9 is the locally owned and operated ABC affiliate in Cedar Rapids, Iowa. KCRG-TV9 serves 21 counties in Eastern Iowa with more than 342,000 television households. While the main studio is located in downtown Cedar Rapids, KCRG-TV9 also staffs news bureaus in Iowa City and Dubuque.
price ($mm)
$100
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announced 6/24/2015 via BNC Analysis

LocalTel Communications, will acquire KWCC-TV

synopsis: Computer 5, which does business as LocalTel, entered into a purchase agreement for Apple Valley TV’s two main frequencies. KWCC-TV channel 47/42/51/16/10/12 is a low-powered television station based in Wenatchee, Washington, owned and operated by Apple Valley TV/Wenatchee Valley Community Television.
buyer: LocalTel Communications
Founded in 1952, thus being one of the oldest TV associations West of the Rocky Mountains, Apple Valley TV currently gives all North Central Washington viewers an alternative to expensive TV choices like cable and satellite. Now, after 62 years, Apple Valley TV continues to provide this service. "
target parent: Apple Valley TV
target: KWCC-TV
KWCC-TV channel 47/42/51/16/10/12 is a low-powered television station based in Wenatchee, Washington, owned and operated by Apple Valley TV/Wenatchee Valley Community Television.
price ($mm)
$0.02
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closed 8/22/2010 via BNC Analysis

Itochu Corporation, Lotte Group, acquired LuckyPai Group Limited

synopsis: Itochu Corp has jointly acquired with South Korea’s Lotte business group a 63.2% stake in Chinese teleshopping company LuckyPai Ltd. Itochu envisages marketing a range of goods made by Japanese companies via Shanghai-based LuckyPai.
buyer: Itochu Corporation (ITOCY:$47,368.02)
buyer: Lotte Group
ITOCHU Corporation offers trading services but it also owns or has significant investments in 400 companies. Lotte Co., Ltd. is one of the largest food and shopping groups in Japan and South Korea, and a South Korean conglomerate. "
target: LuckyPai Group Limited
Lucky Pai is a Shanghai-based home-shopping network that hawks jewelry and electronics to millions of Chinese households.
price ($mm)
$160*
rev ($mm)
$74
EBITDA ($mm)
EV / rev
3.4x
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announced 11/19/2009 via Company Press Release

Scripps Networks, will acquire NDTV Lifestyle

synopsis: Scripps Networks announced that it has reached a definitive agreement with New Delhi Television, Ltd. to acquire a majority interest in NDTV Lifestyle, NDTV's lifestyle programing subsidiary. NDTV Lifestyle's flagship channel is NDTV Good Times, an award winning lifestyle channel targeting India's rapidly growing middle class.
buyer parent: The E.W. Scripps Company
buyer: Scripps Networks (SNI:$3,439.68)
In addition to its popular TV networks and Web sites, Scripps Networks has launched HGTV and Food Network in high definition and is aggressively developing its emerging media platforms for broadband and video on demand. "
target parent: New Delhi Television, Ltd.
target: NDTV Lifestyle
NDTV Lifestyle is the lifestyle programming subsidiary of New Delhi Television, Ltd. NDTV Lifestyle targets India's rapidly growing middle class with a wide range of lifestyle genres that include food, travel, fashion and style.
price ($mm)
$55*
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closed 4/28/2009 via BusinessWire

USFR Media Group, acquired America One Television Network, Inc.

synopsis: America One Television, a national U.S. television network reaching an audience of more than 33 million households in more than 125 markets with top international sports and lifestyle content on a no fee/barter basis, announced a shareholder buyout from America One’s previous owner, USFR Media Group.
buyer: USFR Media Group
USFR Media Group is a media group based in Houston, Texas. USFR owns the America One television network and publishes western lifestyle magazines, Western & English Today and Cowboys & Indians magazines. "
target: America One Television Network, Inc.
America One is a national U.S. television network reaching an audience of more than 33 million households in more than 125 markets with a wide range of fresh, high-quality sports and lifestyle content.
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closed 5/8/2009 via BusinessWire

CET merged with Think TV,

synopsis: The Boards of Trustees of ThinkTV (Greater Dayton Public Television) and CET (Greater Cincinnati Public Television) announced that the organizations have formed a regional, non-profit public broadcasting and media corporation, Public Media Connect, Inc.
buyer: Think TV
The mission of ThinkTV - Greater Dayton Public Television is to improve our understanding of one another, our community and the world through diverse educational, cultural and informational programming and services provided to people in schools, homes and the workplace. "
target: CET
CET has been bringing Greater Cincinnati television that stimulates the imagination, challenges the intellect, encourages achievement and celebrates diversity.
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closed 7/1/2008 via BusinessWire

Zcom Networks, acquired Super Bazar International

synopsis: Zcom Networks, Inc. announces that it has acquired all of the outstanding stock of Super Bazar International, Inc., an interactive life style network, which shall be offering an assortment of useful products and services including automotive, beauty, telecom, jewelry, fashion, home/lifestyle, and accessories.
buyer: Zcom Networks (GGMC:$0.00)
Zcom Networks, Inc. is a telecommunication and broadcast media company with wholly owned subsidiaries in Telecommunications and Media Broadcasting. "
target: Super Bazar International
Super Bazar International, Inc., an interactive life style network, which shall be offering an assortment of useful products and services including automotive, beauty, telecom, jewelry, fashion, home/lifestyle, and accessories.
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closed 8/1/2022 via GlobeNewswire

Imagicomm Communications, purchased TV Stations in 12 Markets from Cox Media Group, Inc.

synopsis: Cox Media Group (CMG) and INSP, LLC, announced that they have closed the transaction regarding CMG’s sale of TV stations in 12 markets to Imagicomm Communications, an affiliate of INSP.
buyer parent: INSP, LLC
buyer: Imagicomm Communications
Imagicomm Communications is an affiliate of INSP, LLC responsible for the ownership and management of broadcast-related functions for the organization, including content distribution in the broadcast environment, station ownership, oversight and development. "
seller parent: Apollo Global Management
seller: Cox Media Group, Inc.
The acquisition includes TV stations in 12 markets from Cox Media Group, an integrated broadcasting, publishing, direct marketing and digital media company. The company's operations include broadcast television stations, radio stations, daily newspapers and non-daily publications.
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announced 2/23/2022 via PR Newswire

Standard General L.P., will acquire WFXT Boston

synopsis: Standard General, a company that manages capital for public and private pension funds, endowments, foundations, and high-net-worth individuals, is to acquire Cox Media Group's WFXT/Boston, a Fox-affiliated television station licensed to Boston, Massachusetts.
buyer: Standard General L.P.
Standard General was founded in 2007 and manages capital for public and private pension funds, endowments, foundations, and high-net-worth individuals. "
target parent: Apollo Global Management
target: WFXT Boston
WFXT, virtual channel 25 (UHF digital channel 34), is a Fox-affiliated television station licensed to Boston, Massachusetts, United States.
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closed 12/1/2021 via GlobeNewswire

Gray Television, Inc., purchased TV Station Division from Meredith Corporation

synopsis: Magazine publisher and multimedia company Meredith Corp. has sold its Local Media Group which owns 17 television stations in 12 local markets, to Gray Television Inc., a leading media company that owns and operates high-quality stations in 94 television markets.
buyer: Gray Television, Inc. (GTN:$2,391.00)
Gray Television is a leading media company that owns and operates high-quality stations in 94 television markets. With a rich history of over a century and more than 70 years of broadcast television specific expertise, Gray Television delivers meaningful content to millions of viewers each day. "
seller: Meredith Corporation (NYSE:MDP:$2,879.70)
The acquisition includes the Local Media Group of Meredith Corporation consisting of 17 television stations in 12 local markets. Meredith Corporation is an American media conglomerate based in Des Moines, Iowa. The company owns magazines, television stations, websites, and radio stations.
price ($mm)
$2,825
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closed 5/28/2020 via BNC Analysis

Gray Television, Inc., acquired KATH-TV and KSCT-TV

synopsis: GCI subsidiary Denali Media Holdings has announced the sale of its NBC affiliates in southeast Alaska to Gray Television. The sale includes KATH and KSCT stations in the Juneau and Sitka markets. Denali Media Holdings was established in 2012 and owns KTVA (CBS) in Anchorage along with three CBS stations in Juneau, Sitka and Ketchikan.
buyer: Gray Television, Inc. (GTN:$2,391.00)
Gray owns and/or operates television stations and leading digital properties in 91 television markets, including the first or second highest rated television station in 85 markets. "
target parent: General Communication, Inc
target: KATH-TV and KSCT-TV
KATH and KSCT serve NBC "Must See TV" to viewers in Alaska's capital city of Juneau, as well as to Sitka, Ketchikan, Petersburg, Wrangell, Angoon and other communities throughout Southeast Alaska, via broadcast, GCI cable, DishNet and DirecTV.
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closed 12/31/2019 via BNC Analysis

Urban One, Inc., acquired WQMC-LD

synopsis: Urban One, the largest diversified media company that primarily targets Black Americans and urban consumers in the US, has acquired WQMC-LD (GTN or Media Columbus), a low-power independent commercial television station in Columbus, Ohio.
buyer: Urban One, Inc. (ROIAK:$387.79)
Urban One, Inc., formerly known as Radio One, Inc., together with its subsidiaries, is the largest diversified media company that primarily targets Black Americans and urban consumers in the United States. "
target: WQMC-LD
WQMC-LD (GTN or Media Columbus) is a low-power independent commercial television station in Columbus, Ohio. It broadcasts locally on channel 23. They broadcast in the Columbus metro area which reaches a majority of the 2.5 million residents of the overall Columbus DMA.
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announced 11/25/2019 via Company Press Release

Standard Media Group LLC, will purchase Nine Television Stations from Waypoint Media, LLC

synopsis: Standard Media Group, an innovative and diverse broadcast media company, has announced its agreement to acquire nine television stations across six markets from Waypoint Media and Vision Communications.
buyer: Standard Media Group LLC
Standard Media Group is an innovative and diverse broadcast media company committed to serving local communities. Headquartered in Nashville, Tennessee, Standard Media’s leadership team has a long history of building strong, local television and digital media properties. "
seller: Waypoint Media, LLC
The transaction includes the following stations from Waypoint Media: FOX & NBC affiliate WGBC-TV; FOX affiliate WHPM-LD; NBC affiliate WNBJ-LD; FOX and CBS affiliate KJNB-LD and KJNE-LD; FOX and NBC WPBI-LD, along with ABC affiliate WPBY-LD; as well as FOX affiliate WYDC-TV and MyNet affiliate WJKP.
price ($mm)
$59
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closed 11/20/2019 via BNC Analysis

Lilly Broadcasting LLC, acquired WCVI

synopsis: Lilly Broadcasting, a privately owned American broadcasting company headquartered in Erie, Pa., has acquired WCVI in the U.S. Virgin Islands. WCVI is an ABC affiliate, and recently added CBS programming. Family Broadcasting Corporation is the seller and the price was not disclosed.
buyer: Lilly Broadcasting LLC
Lilly Broadcasting, LLC is a privately owned American broadcasting company headquartered in Erie, Pa. and its stations include WICU Erie and WENY Elmira. It also owns and operates One Caribbean Television. "
target parent: Family Broadcasting Group, Inc.
target: WCVI
WCVI-TV is a dual CBS/ABC-affiliated television station serving the United States Virgin Islands that is licensed to Christiansted, Saint Croix.
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announced 11/5/2019 via BusinessWire

Fox Television Stations, will purchase KCPQ, KZJO and WITI from Nexstar Media Group

synopsis: Nexstar Media Group, one of the largest local TV station operators in the country, is to divest the Seattle FOX Affiliate KCPQ and MyNetworkTV Affiliate KZJO and the Milwaukee FOX Affiliate WITI to Fox Television Stations, LLC, a subsidiary of Fox Corporation.
buyer parent: The Walt Disney Company
buyer: Fox Television Stations
FOX Television Stations owns and operates 28 full power broadcast television stations in the U.S. These include stations located in nine of the top ten largest designated market areas, or DMAs, and duopolies in 11 DMAs, including the three largest DMAs (New York, Los Angeles and Chicago). "
seller: Nexstar Media Group (NXST:$4,858.07)
The acquisition includes the Seattle FOX Affiliate KCPQ and MyNetworkTV Affiliate KZJO and the Milwaukee FOX Affiliate WITI from Nexstar Media Group, one of the largest local TV station operators in the country.
price ($mm)
$350
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announced 11/5/2019 via BusinessWire

Nexstar Media Group, will purchase WJZY and WMYT from Fox Television Stations

synopsis: Nexstar Media Group, Inc. entered into a purchase and sale agreement with Fox Television Stations, LLC, a subsidiary of Fox Corporation, whereby Nexstar will purchase from FOX, the FOX Affiliate WJZY and MyNetworkTV Affiliate WMYT, both located in Charlotte, NC.
buyer: Nexstar Media Group (NXST:$4,858.07)
Nexstar Media Group is one of the largest local TV station operators in the country. They have 174 full power television stations in 100 markets addressing nearly 38.7% of US television households, and a diversified, growing digital media operation. "
seller parent: The Walt Disney Company
seller: Fox Television Stations
The acquisition includes the Charlotte FOX Affiliate WJZY and MyNetworkTV Affiliate WMYT from Fox Television Stations, LLC, a subsidiary of Fox Corporation. Both stations are located in Charlotte, North Carolina.
price ($mm)
$45
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announced 2/23/2022 via PR Newswire

Cox Media Group, Inc., will acquire Community News Media LLC

synopsis: Cox Media Group is to acquire the station group currently owned by Standard General's affiliate, Community News Media LLC. Community News Media LLC is comprised of the television stations KBSI (Fox) – Cape Girardeau, Missouri, KLKN (ABC) – Lincoln, Nebraska, WDKA (MyNet) – Paducah, Kentucky, and WLNE-TV(ABC) – New Bedford, Massachusetts.
buyer parent: Apollo Global Management
buyer: Cox Media Group, Inc.
Cox Media Group (CMG) is an integrated broadcasting, publishing, direct marketing and digital media company. The company's operations include broadcast television stations, radio stations, daily newspapers and non-daily publications. "
target parent: Standard General L.P.
target: Community News Media LLC
Community News Media LLC is comprised of the television stations KBSI (Fox) – Cape Girardeau, Missouri, KLKN (ABC) – Lincoln, Nebraska, WDKA (MyNet) – Paducah, Kentucky, and WLNE-TV(ABC) – New Bedford, Massachusetts.
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closed 8/1/2022 via GlobeNewswire

Imagicomm Communications, purchased TV Stations in 12 Markets from Cox Media Group, Inc.

synopsis: Cox Media Group (CMG) and INSP, LLC, announced that they have closed the transaction regarding CMG’s sale of TV stations in 12 markets to Imagicomm Communications, an affiliate of INSP.
buyer parent: INSP, LLC
buyer: Imagicomm Communications
Imagicomm Communications is an affiliate of INSP, LLC responsible for the ownership and management of broadcast-related functions for the organization, including content distribution in the broadcast environment, station ownership, oversight and development. "
seller parent: Apollo Global Management
seller: Cox Media Group, Inc.
The acquisition includes TV stations in 12 markets from Cox Media Group, an integrated broadcasting, publishing, direct marketing and digital media company. The company's operations include broadcast television stations, radio stations, daily newspapers and non-daily publications.
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closed 7/13/2022 via BusinessWire

One Equity Partners, acquired CoxReps and Gamut

synopsis: One Equity Partners announced it has completed the previously announced acquisitions of Gamut and CoxReps from Cox Media Group. CoxReps is the country's premier national television representation company. Gamut, the award-winning leader in local OTT media, helps brands connect with relevant streaming audiences in every DMA.
buyer: One Equity Partners
One Equity Partners ("OEP") is a mid-market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm builds market-leading companies by identifying and executing transformative business combinations. "
target parent: Apollo Global Management
target: CoxReps and Gamut
CoxReps is the country's premier national television representation company. Gamut, the award-winning leader in local OTT media, helps brands connect with relevant streaming audiences in every DMA.
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closed 2/24/2022 via GlobeNewswire

Cox Media Group, Inc., acquired KLSR (Fox) and KEVU-CD (MNT)

synopsis: California Oregon Broadcasting Inc. (COBI) has sold its Eugene, Ore., duopoly of KLSR (Fox) and KEVU-CD (MNT) to Cox Media Group. KLSR (Fox) is a Fox-affiliated television station licensed to Eugene, Oregon and KEVU-CD (MNT) is a low-power, Class A MyNetworkTV-affiliated television station also licensed to Eugene, Oregon.
buyer parent: Apollo Global Management
buyer: Cox Media Group, Inc.
Cox Media Group (CMG) is an integrated broadcasting, publishing, direct marketing and digital media company. The company's operations include broadcast television stations, radio stations, daily newspapers and non-daily publications. "
target parent: California Oregon Broadcasting Inc.
target: KLSR (Fox) and KEVU-CD (MNT)
KLSR (Fox) is a Fox-affiliated television station licensed to Eugene, Oregon and KEVU-CD (MNT) is a low-power, Class A MyNetworkTV-affiliated television station also licensed to Eugene, Oregon.
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announced 2/23/2022 via PR Newswire

Standard General L.P., will acquire WFXT Boston

synopsis: Standard General, a company that manages capital for public and private pension funds, endowments, foundations, and high-net-worth individuals, is to acquire Cox Media Group's WFXT/Boston, a Fox-affiliated television station licensed to Boston, Massachusetts.
buyer: Standard General L.P.
Standard General was founded in 2007 and manages capital for public and private pension funds, endowments, foundations, and high-net-worth individuals. "
target parent: Apollo Global Management
target: WFXT Boston
WFXT, virtual channel 25 (UHF digital channel 34), is a Fox-affiliated television station licensed to Boston, Massachusetts, United States.
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announced 2/23/2022 via PR Newswire

Cox Media Group, Inc., will acquire Community News Media LLC

synopsis: Cox Media Group is to acquire the station group currently owned by Standard General's affiliate, Community News Media LLC. Community News Media LLC is comprised of the television stations KBSI (Fox) – Cape Girardeau, Missouri, KLKN (ABC) – Lincoln, Nebraska, WDKA (MyNet) – Paducah, Kentucky, and WLNE-TV(ABC) – New Bedford, Massachusetts.
buyer parent: Apollo Global Management
buyer: Cox Media Group, Inc.
Cox Media Group (CMG) is an integrated broadcasting, publishing, direct marketing and digital media company. The company's operations include broadcast television stations, radio stations, daily newspapers and non-daily publications. "
target parent: Standard General L.P.
target: Community News Media LLC
Community News Media LLC is comprised of the television stations KBSI (Fox) – Cape Girardeau, Missouri, KLKN (ABC) – Lincoln, Nebraska, WDKA (MyNet) – Paducah, Kentucky, and WLNE-TV(ABC) – New Bedford, Massachusetts.
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announced 2/10/2022 via GlobeNewswire

Spanish Broadcasting System, Inc., will acquire WPYO(FM) and WSUN(FM)

synopsis: Spanish Broadcasting System, Inc. (SBS), CXR Radio LLC, as divestiture trustee, and Cox Radio LLC announced that SBS will acquire FM radio broadcast stations WPYO(FM) and WSUN(FM), two stations serving the Orlando and Tampa radio markets.
buyer: Spanish Broadcasting System, Inc. (SBSA:$139.96)
Spanish Broadcasting System is a leading Hispanic media company that owns and operates radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, and Puerto Rico, airing the Spanish Tropical, Regional Mexican, Top 40, and Latin Rhythmic format genres. "
target parent: Apollo Global Management
target: WPYO(FM) and WSUN(FM)
WPYO (95.3 FM, Power 95.3) is a radio station licensed to Florida that plays top hits. WSUN (97.1 MHz) is a commercial FM radio station, licensed to Florida, that serves the Tampa Bay Area and plays alternative and rock.
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announced 6/26/2019 via BNC Analysis

Apollo Global Management, will purchase Radio stations, CoxReps and Gamut from Cox Media Group, Inc.

synopsis: Cox Enterprises, a privately held global conglomerate, said it agreed to sell Cox Media Group’s radio stations, CoxReps and its Gamut advertising business to a new company owned by Apollo Global Management private equity funds.
buyer: Apollo Global Management (NYSE:APO:$5,951.60)
Apollo is a leading global alternative investment manager. Apollo has assets under management of approximately $303 billion in private equity, credit and real assets funds invested across a core group of nine industries where Apollo has considerable knowledge and resources. "
seller parent: Cox Enterprises Inc.
seller: Cox Media Group, Inc.
The acquisition includes Cox Media Group’s radio stations, CoxReps and its Gamut advertising business. CoxReps is the leading national television representative company. Gamut offers customized, localized digital advertising solutions - at national scale.
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announced 2/20/2019 via Company Press Release

Apollo Global Management, will acquire Cox Media Group, Inc.

synopsis: Cox Enterprises Inc. announced that it has reached an agreement with funds managed by affiliates of Apollo Global Management, LLC to buy a majority interest in Cox Media Group's broadcast television stations, including the company's radio, newspaper and TV properties in Ohio.
buyer: Apollo Global Management (NYSE:APO:$5,951.60)
Apollo is a leading global alternative investment manager. Apollo has assets of approximately $280 billion in private equity, credit and real assets funds invested across a core group of nine industries where Apollo has considerable knowledge and resources. "
target parent: Cox Enterprises Inc.
target: Cox Media Group, Inc.
Cox Media Group is an integrated broadcasting, publishing, direct marketing and digital media company. The company's operations include broadcast television stations, radio stations, daily newspapers and non-daily publications.
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announced 3/28/2018 via BNC Analysis

New Media Investment Group, will acquire The Palm Beach Post and Palm Beach Daily News

synopsis: New Media Investment Group will acquire The Palm Beach Post and the Palm Beach Daily News. The Palm Beach Post has been the leading source of local news and advertising in Palm Beach County and southern Martin County, FL. Palm Beach Daily News, also known as The Shiny Sheet, covers Palm Beach news, society, fashion & arts.
buyer: New Media Investment Group (NEWM:$1,588.44)
New Media supports small to mid-size communities by providing locally-focused print and digital content to its consumers and premier marketing and technology solutions to its small and medium business partners. They are one of the largest publishers of locally based print and online media in the US."
target parent: Cox Enterprises Inc.
target: The Palm Beach Post and Palm Beach Daily News
The Palm Beach Post has been the leading source of local news and advertising in Palm Beach County and southern Martin County in Florida for more than 100 years. Its sister publication, the Palm Beach Daily News, also known as The Shiny Sheet, covers Palm Beach news, society, fashion & arts.
price ($mm)
$49
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announced 3/7/2018 via Company Press Release

New Media Investment Group, will acquire Austin American-Statesman

synopsis: New Media Investment Group Inc. announced that it has agreed to acquire the Austin American-Statesman and its niche publications and companion websites from Cox Media Group, LLC. The Austin American-Statesman has been a trusted, award-winning newspaper in Central Texas for more than 140 years.
buyer: New Media Investment Group (NEWM:$1,588.44)
New Media supports small to mid-size communities by providing locally-focused print and digital content to its consumers and premier marketing and technology solutions to its small and medium business partners. They are one of the largest publishers of locally based print and online media in the US."
target parent: Cox Enterprises Inc.
target: Austin American-Statesman
The Austin American-Statesman is a daily newspaper providing the latest news in Austin and Central Texas. The Austin American-Statesman has a daily circulation of 85,000 and digital subscriptions of 16,786.
price ($mm)
$48
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EV / EBITDA
closed 1/4/2017 via Market Wire

Platinum Equity, LLC, acquired Cox Target Media, Inc.

synopsis: Platinum Equity, a global investment firm, announced it has acquired the businesses of Cox Target Media (CTM) from Cox Media Group. Based in St. Petersburg, Fla., CTM's businesses comprise one of the nation's largest direct marketing service providers, reaching more than 100 million consumers.
buyer: Platinum Equity, LLC
Platinum Equity is a global M&A&O® firm specializing in the merger, acquisition and operation of companies that provide services and solutions to customers in a broad range of business markets, including information technology, telecommunications, logistics, manufacturing and distribution. "
target parent: Cox Enterprises Inc.
target: Cox Target Media, Inc.
Cox Target Media, Inc., a leading digital and direct marketing company, helps companies of all sizes connect with consumers to drive business results through its Valpak and Savings.com businesses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/8/2014 via BusinessWire

Fox Television Stations, purchased KTVU-TV FOX 2 and KICU-TV 36 from Cox Media Group, Inc.

synopsis: FOX Television Stations, Inc. (FTS) announced it has acquired San Francisco-Bay Area stations KTVU-TV FOX 2 and KICU-TV 36 following the close of its previously announced swap agreement with Cox Media Group (CMG), an integrated broadcasting, publishing, direct marketing and digital media company.
buyer parent: News Corporation
buyer: Fox Television Stations
Fox Television Stations, Inc. is a group of television stations located within the United States which are owned-and-operated by the Fox Broadcasting Company, a subsidiary of the Fox Entertainment Group, part of News Corporation. "
seller parent: Cox Enterprises Inc.
seller: Cox Media Group, Inc.
Cox Media Group is an integrated broadcasting, publishing, direct marketing and digital media company. Among it's broadcasting companies, it owns and operates KTVU-TV FOX 2 and KICU-TV 36 in the San Francisco-Bay area.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/2/2013 via PR Newswire

Sinclair Broadcast Group, purchased TV Stations in 4 Markets from Cox Media Group, Inc.

synopsis: Sinclair Broadcast Group, Inc. announced that it has closed on the purchase of four television stations owned by Cox Media Group ("CMG") for $99.0 million less $4.3 million of working capital adjustments and an agreement to provide sales services to one other station. The Company funded the transaction through cash on hand.
buyer: Sinclair Broadcast Group (SBGI:$5,943.00)
Sinclair Broadcast Group, Inc., one of the largest and most diversified television broadcasting companies, owns and operates, programs or provides sales services to 65 television stations in 39 markets. "
seller parent: Cox Enterprises Inc.
seller: Cox Media Group, Inc.
Cox Media's station group include KFOX-TV, a Fox affiliate in El Paso, Texas, WJAC-TV, an NBC affiliate in Johnstown, Penn., KRXI-TV, a Fox affiliate in Reno, Nevada, KAME-TV, a MyNetwork affiliate in Reno, Nevada and WTOV-TV, an NBC affiliate in Steubenville, Ohio.
price ($mm)
$95
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/13/2013 via PR Newswire

Connoisseur Media, will purchase Southern Connecticut radio stations from Cox Media Group, Inc.

synopsis: Cox Media Group has reached a definitive agreement to sell its Southern Connecticut radio stations – WPLR-FM, WEZN-FM, WFOX-FM, and contract rights for WYBC-FM – to Westport, CT. based Connoisseur Media.
buyer: Connoisseur Media
Connoisseur Media is a Westport-based company that owns and operates radio stations in Bloomington, Ill., Huntington, W.V., Billings, Mont., Wichita, Kan., Erie, Pa., Omaha, Neb., Rapid City, S.D., and Bismarck, N.D. "
seller parent: Cox Enterprises Inc.
seller: Cox Media Group, Inc.
The Southern Connecticut radio stations from Cox Media Group includes – WPLR-FM, WEZN-FM, WFOX-FM, and contract rights for WYBC-FM.
price ($mm)
$40
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/13/2013 via PR Newswire

SummitMedia, purchased Radio Stations in 5 Markets from Cox Media Group, Inc.

synopsis: SummitMedia, LLC has closed on its acquisition of 27 radio stations and 1 local marketing agreement from Cox Media Group. The stations are in Birmingham, AL; Greenville, SC; Honolulu, HI; Louisville, KY.; and Richmond, VA.
buyer: SummitMedia
Summit Media is a group led by former Heftel Broadcasting executive Carl Parmer and 16-year Cox Birmingham market manager David DuBose. "
seller parent: Cox Enterprises Inc.
seller: Cox Media Group, Inc.
The Cox Media Group radio stations are located in Birmingham, AL; Greenville, SC; Honolulu, HI; Louisville, KY.; and Richmond, VA. Birmingham stations included in the sale include WBHK (98.7 Kiss FM), WBHJ (95.7 Jamz), WZZK 104.7 FM, WAGG-AM, WENN-AM and WBPT-FM.
price ($mm)
$66
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/19/2012 via Reuters

Cox Media Group, Inc., will purchase 4 TV stations including FOX30 and CBS47 from Newport Television LLC

synopsis: Cox Media Group, an integrated broadcasting, publishing, direct marketing and digital media company, has entered into a deal to buy 4 television stations from privately held Newport Television. The deal includes television stations FOX30 and CBS47.
buyer parent: Cox Enterprises Inc.
buyer: Cox Media Group, Inc.
Cox Media Group is an integrated broadcasting, publishing, direct marketing and digital media company that includes the national advertising rep firms of Cox Reps. Additionally, CMG owns and operates Valpak, one of North America’s leading direct marketing companies. "
seller parent: High Plains Broadcasting LLC
seller: Newport Television LLC
Newport Television is comprised of a 56 station television group in 20 markets across the country and Inergize Digital, the leader in fully integrated digital management solutions that generate revenue for local media companies.
price ($mm)
$235
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/23/2022 via PR Newswire

Cox Media Group, Inc., will acquire Community News Media LLC

synopsis: Cox Media Group is to acquire the station group currently owned by Standard General's affiliate, Community News Media LLC. Community News Media LLC is comprised of the television stations KBSI (Fox) – Cape Girardeau, Missouri, KLKN (ABC) – Lincoln, Nebraska, WDKA (MyNet) – Paducah, Kentucky, and WLNE-TV(ABC) – New Bedford, Massachusetts.
buyer parent: Apollo Global Management
buyer: Cox Media Group, Inc.
Cox Media Group (CMG) is an integrated broadcasting, publishing, direct marketing and digital media company. The company's operations include broadcast television stations, radio stations, daily newspapers and non-daily publications. "
target parent: Standard General L.P.
target: Community News Media LLC
Community News Media LLC is comprised of the television stations KBSI (Fox) – Cape Girardeau, Missouri, KLKN (ABC) – Lincoln, Nebraska, WDKA (MyNet) – Paducah, Kentucky, and WLNE-TV(ABC) – New Bedford, Massachusetts.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/24/2022 via BNC Analysis

Hachette Livre SA, will acquire La Boîte de Jeu

synopsis: Hachette Livre has signed an agreement to acquire majority stake in La Boîte de Jeu, an independent French board game publishing company founded in 2013 and based in Arceau, France. La Boîte de Jeu's current catalogue comprises around 20 games, mainly aimed at fans of strategy games.
buyer parent: Lagardère SCA
buyer: Hachette Livre SA
Hachette Livre, a subsidiary of the French media giant Lagardère, is a repository of part of France’s cultural heritage. The Group brings together a broad spectrum of prestigious publishers covering the entire consumer and education book markets. "
target: La Boîte de Jeu
La Boîte de Jeu is an independent French board game publishing company founded in 2013 and based in Arceau, France. La Boîte de Jeu's current catalogue comprises around 20 games, mainly aimed at fans of strategy games.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/27/2020 via PR Newswire

Nordstar Capital, will acquire Torstar Corporation

synopsis: NordStar, a holding company controlled by Jordan Bitove and Paul Rivett, is to acquire Torstar Corporation, a Canadian media conglomerate that is primarily a publisher of daily and community newspapers, including its flagship and namesake, the Toronto Star. Upon completion of the transaction, Torstar will be taken private.
buyer: Nordstar Capital
NordStar is a holding company controlled by Jordan Bitove and Paul Rivett and is wholly-owned by the Bitove and Rivett families. John Bitove is a noted Canadian businessman and sportsman and founder of the Toronto Raptors of the NBA. Paul Rivett is the former President at Fairfax Financial Holdings."
target: Torstar Corporation (TSX:TS.B:$337.21)
Torstar Corporation is a Canadian media conglomerate. The company is primarily a publisher of daily and community newspapers, including its flagship and namesake, the Toronto Star.
price ($mm)[EV]
$39 [$0]
rev ($mm)
$330
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 6/13/2019 via BNC Analysis

Concord Music, acquired Sikorski

synopsis: Concord, an independent, worldwide leader in the development, acquisition, and management of recorded music and music publishing rights, has acquired historic classical music publisher The Sikorski Music Publishing Group, home to a wide range of major works by legendary composers such as Dmitri Shostakovich, Dmitri Kabalevsky and Alfred Schnittke.
buyer parent: MassMutual
buyer: Concord Music
Concord Music is an independent, worldwide leader in the development, acquisition, and management of recorded music and music publishing rights, including theatrical performance rights. Concord Music has a diverse and vibrant roster of active recording artists, composers, and songwriters. "
target: Sikorski
Internationale Musikverlage Hans Sikorski is an international sheet music publishing company with headquarters in Hamburg, Germany. The music publishing firm of Hans Sikorski was founded in 1935 and now comprises more than 30 publishers in several European countries and in the USA.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/20/2019 via Company Press Release

Apollo Global Management, will acquire Cox Media Group, Inc.

synopsis: Cox Enterprises Inc. announced that it has reached an agreement with funds managed by affiliates of Apollo Global Management, LLC to buy a majority interest in Cox Media Group's broadcast television stations, including the company's radio, newspaper and TV properties in Ohio.
buyer: Apollo Global Management (NYSE:APO:$5,951.60)
Apollo is a leading global alternative investment manager. Apollo has assets of approximately $280 billion in private equity, credit and real assets funds invested across a core group of nine industries where Apollo has considerable knowledge and resources. "
target parent: Cox Enterprises Inc.
target: Cox Media Group, Inc.
Cox Media Group is an integrated broadcasting, publishing, direct marketing and digital media company. The company's operations include broadcast television stations, radio stations, daily newspapers and non-daily publications.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/19/2018 via PE Hub

Mason Wells, acquired Buffalo Games

synopsis: Mason Wells, a leading Midwest-based private equity firm, has acquired Buffalo Games, a leading manufacturer, innovator and marketer of jigsaw puzzles and board, table and party games for adults, families and children. The Company sells its products to the mass retail, online, specialty, craft/hobby and book store channels.
buyer: Mason Wells
Mason Wells is a leading Midwest-based private equity firm with approximately $1.0 billion in assets under management across its current private equity funds. Mason Wells is currently investing out of Mason Wells Buyout Fund IV, a $615 million fund. "
target: Buffalo Games
Buffalo Games is a leading manufacturer, innovator and marketer of jigsaw puzzles and board, table and party games for adults, families and children. The Company sells its products to the mass retail, online, specialty, craft/hobby and book store channels.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/11/2018 via PR Newswire

Digital Colony, will acquire Digita Oy

synopsis: Digital Colony, a global investment firm, has agreed to acquire Digita Oy from First State Investments. Digita transmits radio and television programs to nearly everyone living in every corner of Finland. Digita also applies the latest digital technology in order to develop versatile online television and radio services.
buyer parent: Colony NorthStar, Inc.
buyer: Digital Colony
Digital Colony is a global investment firm focused on enabling the next generation of mobile and internet infrastructure. Digital Colony is a joint venture between Digital Bridge Holdings, LLC, a leading owner and operator of digital infrastructure businesses and Colony NorthStar, Inc. "
target parent: Commonwealth Bank of Australia
target: Digita Oy
Digita transmits radio and television programs to nearly everyone living in every corner of Finland every day of the year. Digita also applies the latest digital technology in order to develop and offer versatile online television and radio services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/11/2017 via BNC Analysis

ITV Studios Limited, acquired Cattleya SpA

synopsis: In its latest acquisition, UK-based ITV Studios has taken a majority stake in Italian indie Cattleya. Cattleya has established itself as Italy’s leading independent production company. The company has produced over fifty feature films, television series and miniseries and has been nominated for and won numerous awards.
buyer parent: ITV plc
buyer: ITV Studios Limited
ITV Studios is the UK's biggest production company with sales & distribution, consumer products and production on a global scale. ITV Studios has been entertaining audiences for over 50 years. They work closely with content partners, licensees and brand owners to produce superb content. "
target: Cattleya SpA
Cattleya has established itself as Italy’s leading independent production company. The company has produced over fifty feature films, television series and miniseries and has been nominated for and won numerous awards.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/2/2017 via Company Press Release

De Persgroep NV, will acquire Medialaan NV

synopsis: De Persgroep announced that it will increase its ownership in Medialaan to 100% by acquiring the 50% stake held by Roularta Media Group. Medialaan is a Belgian media company that operates radio and television broadcasting stations, which includes the brands VTM, Q2, Vitaya, CAZ, VTMKZOOM, KADET, Stievie FREE, Qmusic, and Joe.
buyer: De Persgroep NV
De Persgroep is a media and publishing company. De Persgroep is an active publisher of newspapers, magazines and new media, and the group also operates television and radio stations. "
target parent: Roularta Media Group NV
target: Medialaan NV
Medialaan is a Belgian media company that operates radio and television broadcasting stations. Medialaan is the parent company to the television and radio brands VTM, Q2, Vitaya, CAZ, VTMKZOOM, KADET, Stievie FREE, Qmusic, and Joe.
price ($mm)
rev ($mm)
$339
EBITDA ($mm)
$64
EV / rev
0.0x
EV / EBITDA
0.0x
closed 7/12/2017 via BNC Analysis

Norsan Media, purchased 4 Radio and 2 TV Stations from Jabar Communications

synopsis: Norsan Media has closed on the purchase of four radio stations and two TV stations from Thomas B. Daniels and Limited, Inc. (Jabar Communications). The stations include WJNI(AM), WJNI-LD, WAZS-LD, WZJY, W239AL, And W280EX and are based in North Charleston, SC.
buyer parent: Norsan Group
buyer: Norsan Media
Founded in 2004 by Norberto Sanchez, Norsan Media operates radio and TV stations, including Estrella TV Charlotte, the only local Spanish-language TV station in the Charlotte, NC market. "
seller: Jabar Communications
The four radio stations and two TV stations include WJNI(AM), WJNI-LD, WAZS-LD, WZJY, W239AL, and W280EX. They are based in North Charleston, SC and owned by Thomas B. Daniels.
price ($mm)
$0.85
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/8/2016 via PR Newswire

GreenITers merged with Grendz,

synopsis: Green technology trends website Grendz, a subsidiary of Full Circle Innocations KK, is getting even better by merging with GreenITers, a website community that provides its members with the latest eco discussions. In this way, Grendz will collectively offer great eco-friendly technology trends and innovative science breakthroughs.
buyer parent: Full Circle Innovations KK
buyer: Grendz
Grendz.com is the definitive place for new technology trends, science breakthroughs and green ideas. Grendz provides a weekly report to its members with the top green trends of the week . "
target: GreenITers
GreenITers is a website community that provides its members with the latest ecology discussions. GreenITers searches and publishes English news about Clean Technology in Japan. It is targeted for people who want to "Green it!" the world we are living in via eco innovations & technology.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/25/2016 via BNC Analysis

Macmillan Publishers Ltd., acquired Pronoun

synopsis: Macmillan Publishers announces the acquisition of Pronoun, Inc., a New York City–based technology company that provides digital book publishing tools, analytics, and services for authors and media companies.
buyer parent: Verlagsgruppe Georg von Holtzbrinck GmbH
buyer: Macmillan Publishers Ltd.
Macmillan Publishers is a global trade book publishing company with prominent imprints around the world. Macmillan publishes a broad range of award-winning books for children and adults in all categories and formats. "
target: Pronoun
Pronoun, Inc. is a New York City–based technology company that provides digital book publishing tools, analytics, and services for authors and media companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/17/2016 via BusinessWire

Tribune Publishing, acquired Freedom Communications, Inc.

synopsis: Tribune Publishing Co. announced that it was the successful bidder at a public bankruptcy auction to acquire substantially all of the assets of Freedom Communications, Inc. Freedom Communications is a national privately-owned information and entertainment company of print publications and interactive businesses.
buyer parent: Tribune Media Company
buyer: Tribune Publishing (NasdaqGM:TRNC:$1,513.52)
Tribune Publishing Company is a diversified media and marketing-solutions company that delivers innovative experiences for audiences and advertisers across all platforms. The company’s diverse portfolio of iconic news and information brands includes 11 award-winning major daily titles. "
target: Freedom Communications, Inc.
Freedom Communications is a national privately-owned information and entertainment company of print publications and interactive businesses. The company's portfolio includes information and entertainment websites, mobile applications, daily and weekly newspapers and other specialty publications.
price ($mm)
$56
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/17/2015 via Market Wire

Stingray Digital Media Group, will acquire iConcerts

synopsis: Stingray Digital Group Inc., a leading business-to-business multiplatform music provider, announced that it has reached an agreement to acquire Swiss-based iConcerts, a TV channel dedicated solely to live music currently distributed to more than 100 Pay-TV and OTT operators in 85 countries.
buyer: Stingray Digital Media Group (TSX:RAY.A:$211.31)
Stingray is a leading business-to-business multi-platform music and in-store media solutions provider operating on a global scale, reaching an estimated 135 million Pay-TV subscribers (or households) in 127 countries. "
target: iConcerts
iConcerts is the first digital entertainment channel dedicated 100% to live music. The multi-media platform is available in 85 countries and in over 250 million households worldwide.
price ($mm)
$7.17
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/3/2015 via BusinessWire

Go 96.3 Radio, acquired BringMeTheNews

synopsis: Go 96.3 Radio, a locally owned Minnesota modern music radio station and subsidiary of the Pohlad Companies, announced that it has acquired BringMeTheNews, a web-based news delivery service focusing on local news. BringMeTheNews was developed in 2009 to be a premier curator and distributor of local and national news.
buyer parent: Pohlad Companies
buyer: Go 96.3 Radio
Go 96.3 Radio is a Minnesota-based FM radio station that airs modern music and is the home of Minnesota Twins baseball. It is a subsidiary of the Pohlad Companies. "
target: BringMeTheNews
BringMeTheNews is a leading provider of important Minnesota news and information in a growing network of media outlets including radio stations, magazines and websites.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/13/2015 via Market Wire

TiVo Inc., will acquire Aereo, Inc.

synopsis: TiVo Inc., a leader in the advanced television entertainment market, announced that it had received approval from a U.S. Bankruptcy Court Judge to acquire certain assets of Aereo. Aereo is a technology company that provides consumers access to LIVE HD broadcast television on the Internet through use of its remote integrated antenna/DVR technology.
buyer: TiVo Inc. (TIVO:$661.39)
TiVo Inc. is a global leader in next-generation television services. TiVo's innovative cloud-based SaaS solutions enable viewers to consume content across all screens in and out-of-the home. "
target: Aereo, Inc.
Aereo is a technology company that provides consumers access to LIVE HD broadcast television on the Internet through use of its remote integrated antenna/DVR technology. Aereo allows users to watch live broadcast television and pause, rewind and fast-forward any program that they are watching.
price ($mm)
$1.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/3/2014 via PR Newswire

HarperCollins Christian Publishing, acquired Thomas Nelson Brasil

synopsis: HarperCollins Christian Publishing (HCCP) announced its acquisition of majority ownership of Thomas Nelson Brasil (TNB) from joint venture partner Ediouro Group. TNB was formed in 2006 as a partnership between Thomas Nelson Publishers and Ediouro.
buyer parent: News Corporation
buyer: HarperCollins Christian Publishing
HarperCollins Christian Publishing Inc. is a world leading Christian publisher. Comprised of the Thomas Nelson and Zondervan publishing groups, the Company has nearly 300 years of combined publishing experience. "
target parent: Ediouro Group
target: Thomas Nelson Brasil
Thomas Nelson Brasil was formed as a partnership between Thomas Nelson Publishers and Ediouro. Brazil has been one of the fastest growing Christian evangelical countries in the world, and Thomas Nelson used its publishing brand and Ediouro's infrastructure to introduce its U.S. authors to Brazil.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/11/2014 via PR Newswire

Vook, Inc., will acquire Byliner

synopsis: Vook, Inc. is acquiring Byliner, the pre-eminent boutique publisher of the world's best short fiction and non-fiction. Vook's proprietary publishing and data-driven marketing platform powers the publishing programs of the world's leading media companies and brands. Byliner is joining Vook as its first in-house imprint.
buyer: Vook, Inc.
Vook was founded in 2009 by serial entrepreneur Brad Inman with the vision of lighting up the world’s content in the post PC world. Vook has created an innovative technology platform that produces rich media experiences for the tablet market. "
target: Byliner
Byliner, named “one of the 10 Most Innovative Media Companies in the World”, is a subscription reading service and publisher of award-winning fiction and nonfiction e-shorts, digital books written to be read in two hours or less. It was founded in spring 2011 and is headquartered in San Francisco.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/1/2015 via PR Newswire

Journal Broadcast Group, Inc. merged with The E.W. Scripps Company,

synopsis: The E.W. Scripps Company and Journal Communications have merged their broadcast operations. The merged company will retain The E.W. Scripps Company name, and the Scripps family shareholders will continue to have voting control. The company will have approximately 4,000 employees across its television, radio and digital media operations.
buyer: The E.W. Scripps Company (SSP:$1,599.45)
The E.W. Scripps Company serves audiences and businesses through a growing portfolio of television, print and digital media brands. Scripps owns 21 local television stations as well as daily newspapers in 13 markets across the United States. "
target parent: Journal Communications Inc.
target: Journal Broadcast Group, Inc.
Journal Broadcast Group owns and operates or provides services to 14 television stations and 35 radio stations in 11 states. Headquartered in Milwaukee, Wisconsin, it is the broadcast business of Journal Communications Inc.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/30/2014 via BNC Analysis

De Persgroep NV, will acquire Mecom Group PLC

synopsis: De Persgroep, will acquire all of the issued and to be issued share capital of Mecom, a leading European regional publisher. The primary focus of Mecom’s business is in regional newspapers. In addition Mecom operates national titles and associated media in magazines, television, radio, on-line and direct marketing.
buyer: De Persgroep NV
De Persgroep aims to operate newspapers, magazines, television and radio broadcasters and electronic media that gradually grow into the strongest media brands in their market segments. "
target: Mecom Group PLC (LSE:MEC:$1,006.28)
Mecom is a leading European regional publisher. The primary focus of Mecom’s business is in regional newspapers. In addition Mecom operates national titles and associated media in magazines, television, radio, on-line and direct marketing.
price ($mm)[EV]
$322 [$376]
rev ($mm)
$1,113
EBITDA ($mm)
$109
EV / rev
0.3x
EV / EBITDA
3.5x

Like Community News Media LLC


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Cox Media Group, Inc.

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Cattleya SpA

Medialaan NV

Jabar Communications

GreenITers

Pronoun

Freedom Communications, Inc.

iConcerts

BringMeTheNews

Aereo, Inc.

Thomas Nelson Brasil

Byliner

Journal Broadcast Group, Inc.

Mecom Group PLC

Geography
Matching Companies
Ticker: SBSA
 
 
 
 
 
 
 
 
Spanish Broadcasting System, Inc.
Spanish Broadcasting System, Inc.
Spanish Broadcasting System, Inc. (SBS) is the largest publicly traded Hispanic-controlled media and entertainment company in the United States. SBS owns 17 radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico.
year
2021
rev ($mm)
$139.96
EBITDA ($mm)
$38.88
EBIT ($mm)
$35.74
Net Income ($mm)
Employees
376
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Ticker: NYSE:TSQ
 
 
 
 
 
 
 
 
Townsquare Media Group
Townsquare Media Group
Townsquare is a diversified media, entertainment and digital marketing services company that owns and operates radio, digital and live event properties. The Company specializes in creating and distributing original entertainment, music and lifestyle content.
year
2021
rev ($mm)
$417.96
EBITDA ($mm)
$101.39
EBIT ($mm)
$82.30
Net Income ($mm)
$16.74
Employees
2340
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Ticker: ROIAK
 
 
 
 
 
 
 
 
Urban One, Inc.
Urban One, Inc.
Urban One, Inc., formerly known as Radio One, Inc., together with its subsidiaries, is the largest diversified media company that primarily targets Black Americans and urban consumers in the United States.
year
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rev ($mm)
$387.79
EBITDA ($mm)
$107.93
EBIT ($mm)
$96.85
Net Income ($mm)
Employees
1220
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Ticker: ENXTPA:VIV
 
 
 
 
 
 
 
 
Vivendi SA
Vivendi SA
Vivendi is an integrated media and content group. The company operates businesses throughout the media value chain, from talent discovery to the creation, production and distribution of content.
year
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rev ($mm)
$10,051.00
EBITDA ($mm)
EBIT ($mm)
$124.00
Net Income ($mm)
Employees
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Ticker: JSE:NPN
 
 
 
 
 
 
 
 
Naspers Ltd.
Naspers Ltd.
Founded in 1915, Naspers is a global internet and entertainment group and one of the largest technology investors in the world. Operating in more than 130 countries and markets with long-term growth potential, Naspers builds leading companies that empower people and enrich communities.
year
2021
rev ($mm)
$5,934.00
EBITDA ($mm)
($938.00)
EBIT ($mm)
($1,098.00)
Net Income ($mm)
$5,304.00
Employees
28445
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Ticker: RCSM.MI
 
 
 
 
 
 
 
 
RCS MediaGroup
RCS MediaGroup
RCS MediaGroup is a multimedia publishing group that operates in daily newspapers, magazines and books, radio broadcasting, new media and digital TV. It is also one of the leading operators in the advertisement sales & distribution markets.
year
2013
rev ($mm)
$1,988.19
EBITDA ($mm)
$37.78
EBIT ($mm)
($69.92)
Net Income ($mm)
Employees
4134
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Ticker: LSE:DMGT
 
 
 
 
 
 
 
 
Daily Mail and General Trust plc
Daily Mail and General Trust plc
DMGT manages a balanced multinational portfolio of entrepreneurial companies, with total revenues of almost £2bn, that provide a diverse range of businesses and consumers with compelling information, analysis, insight, news and entertainment.
year
2020
rev ($mm)
$1,671.99
EBITDA ($mm)
$159.78
EBIT ($mm)
$112.82
Net Income ($mm)
$263.01
Employees
5950
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Ticker: HLSE:SAA1V
 
 
 
 
 
 
 
 
Sanoma Oyj
Sanoma Oyj
Sanoma is an inspiring, relevant and trusted consumer media and learning company. Ever since its formation in 1889, the company has held creativity and independent thinking at its core in order to deliver high-quality content in new and different ways.
year
2022
rev ($mm)
$1,252.10
EBITDA ($mm)
$352.00
EBIT ($mm)
$147.50
Net Income ($mm)
Employees
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Ticker: TSX:CJR.B
 
 
 
 
 
 
 
 
Corus Entertainment, Inc.
Corus Entertainment, Inc.
Corus Entertainment Inc. is a Canadian-based integrated media and content company that creates, broadcasts, licenses and delivers content across a variety of platforms for audiences around the world. Their portfolio of multimedia offerings covers specialty television and radio with other assets.
year
2021
rev ($mm)
$1,243.12
EBITDA ($mm)
$399.97
EBIT ($mm)
$291.03
Net Income ($mm)
$134.77
Employees
3295
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Ticker: ES
 
 
 
 
 
 
 
 
Gruppo Editoriale L'Espresso S.p.A.
Gruppo Editoriale L'Espresso SpA, a multimedia company, together with its subsidiaries, engages in the publishing, radio, advertising, Internet, and television (TV) businesses in Italy.
year
2014
rev ($mm)
$765.78
EBITDA ($mm)
$93.43
EBIT ($mm)
$56.82
Net Income ($mm)
$4.32
Employees
2373
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Ticker: TSE:9470
 
 
 
 
 
 
 
 
Gakken Co. Ltd.
Gakken Co. Ltd.
The Gakken Group is involved in the daily lives of people on many different levels through its broad scope of business activities. Gakken carries out wide-ranging publishing activities, provides various classrooms and preparatory schools, and other preschool- and school-related activities.
year
2015
rev ($mm)
$750.72
EBITDA ($mm)
$20.94
EBIT ($mm)
$8.16
Net Income ($mm)
Employees
3035
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Ticker: EVC
 
 
 
 
 
 
 
 
Entravision Communications Corporation
Entravision Communications Corporation
Entravision is a diversified global media, data and advertising technology company that reaches and engages Latino consumers in the U.S. and other markets. Entravision's portfolio includes television and radio stations, digital media properties and advertising technology platforms.
year
2021
rev ($mm)
$697.98
EBITDA ($mm)
$98.66
EBIT ($mm)
$77.06
Net Income ($mm)
$45.75
Employees
1001
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Ticker: ASX:VRL
 
 
 
 
 
 
 
 
Village Roadshow Ltd.
Village Roadshow Limited operates as an entertainment and media company. The Company owns and operates a diverse range of entertainment assets including multiplex cinemas, amusement centres, film distribution, theme parks, loyalty solutions and film production.
year
2019
rev ($mm)
$665.23
EBITDA ($mm)
$57.68
EBIT ($mm)
$21.91
Net Income ($mm)
Employees
0
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Ticker: JP:4842
 
 
 
 
 
 
 
 
Usen Corporation
Usen Corp. ("Usen") is a Tokyo-based cable broadcaster and media content provider. The company’s Broadcasting segment primarily engages in the operation and management of cable radio broadcasting services
year
2015
rev ($mm)
$558.35
EBITDA ($mm)
$137.30
EBIT ($mm)
$78.82
Net Income ($mm)
$53.80
Employees
3034
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Ticker: TSE:7913
 
 
 
 
 
 
 
 
Tosho Printing Company, Limited
Tosho Printing Company, Limited
Tosho Printing Company, Limited is engaged in the production and sale of publication printings and commercial printings in Japan. The company produces a variety of products, including dictionaries, encyclopedias, textbooks, reference books, picture books, comics, magazines, art books, and more.
year
2017
rev ($mm)
$466.42
EBITDA ($mm)
$14.81
EBIT ($mm)
($0.41)
Net Income ($mm)
$90.47
Employees
1529
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Ticker: JRN
 
 
 
 
 
 
 
 
Journal Communications Inc.
Journal Communications Inc.
Journal Communications, Inc. headquartered in Milwaukee, Wisconsin, is a diversified media company with operations in television and radio broadcasting, publishing and digital media. Journal owns and operates or provides services to 14 television stations and 35 radio stations in 11 states.
year
2014
rev ($mm)
$405.60
EBITDA ($mm)
$85.08
EBIT ($mm)
$62.50
Net Income ($mm)
$38.42
Employees
2250
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Ticker: ASX:SXL
 
 
 
 
 
 
 
 
Southern Cross Austereo
Southern Cross Austereo
Southern Cross Austereo is one of Australia's most progressive and exciting entertainment based media companies. They have the potential to reach over 95% of Australia across national radio, regional free to air television and digital platforms.
year
2021
rev ($mm)
$383.69
EBITDA ($mm)
$52.73
EBIT ($mm)
$37.38
Net Income ($mm)
$34.91
Employees
0
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Ticker: ENXTBR:ROU
 
 
 
 
 
 
 
 
Roularta Media Group NV
Roularta Media Group NV
Roularta Media Group (RMG) is a multimedia group with more than 2,000 employees and a consolidated turnover of 500 million euros. RMG is continuing to build its multimedia future. Home and abroad. The company was incorporated in 1954.
year
2018
rev ($mm)
$286.37
EBITDA ($mm)
($3.26)
EBIT ($mm)
($12.92)
Net Income ($mm)
$71.92
Employees
1246
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