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  • Sep. 27, 2011, 8:29 AM
    According to BI's sources, Dish Network (DISH) made the highest offer for Hulu during the first round of bidding for the company, at $1.9B. Google (GOOG), however, made an informal offer of $4B in exchange for more lucrative content licensing rights. Hulu's owners are reportedly now on the fence about selling the video site.
    | Sep. 27, 2011, 8:29 AM | 1 Comment
  • Sep. 22, 2011, 4:09 PM
    BI's sources claim Yahoo's (YHOO) board hasn't begun its search for a Carol Bartz replacement. Instead, the board has spent its time reaching out to PE and media firms interested in buying all or part of the company, though the PE firms have little interest in Yahoo's core business. The contacted media companies include DIS and NWS.
    | Sep. 22, 2011, 4:09 PM | 1 Comment
  • Sep. 19, 2011, 8:48 AM

    Though a new round of bids should arrive next week, Hulu's sale is reportedly in jeopardy, thanks to differences over the video site's selling price and content rights, as well as rumored bidder Yahoo's (YHOO) ongoing turmoil. Other parties believed to be courting Hulu include GOOG, AMZN, DTV, and DISH.

    | Sep. 19, 2011, 8:48 AM
  • Sep. 6, 2011, 3:43 PM
    Peter Kafka confirms the Financial Times' report that the formal bidding for Hulu is down to AMZN, YHOO, and DISH. However, Kafka also claims Google (GOOG) is interested in making a bigger deal than the one Hulu's owners have been trying to swing - perhaps for "more content, for a longer period of time," and at a higher price.
    | Sep. 6, 2011, 3:43 PM
  • Aug. 31, 2011, 5:38 PM

    Business Insider claims six companies have made informal bids for Hulu, with most coming at the upper end of a range of $500M-$2B. GOOG, AMZN, and YHOO are considered among the most interested parties, while AAPL and MSFT declined to make bids. One source claims Yahoo's offer could be torpedoed by its board. (previously)

    | Aug. 31, 2011, 5:38 PM
  • Jul. 22, 2011, 5:32 AM

    Aussie regulators are expected to block a $2B takeover bid by Australian pay-TV firm Foxtel for rival Austar on competition grounds. In a preliminary ruling, regulators said their decision about Foxtel, which is 25% owned by News Corp. (NWS), had nothing to do with NWS' ongoing scandal.

    | Jul. 22, 2011, 5:32 AM
  • Jul. 22, 2011, 5:26 AM

    Apple (AAPL) is said to be in talks for Hulu (NWS, DIS, CMCSA), but discussions are still in early stages and there are plenty of other firms eager to buy the online video company. Another factor that makes an Apple bid unlikely: The company has shied away from making large acquisitions, and Hulu's price tag could top $2B.

    | Jul. 22, 2011, 5:26 AM | 1 Comment
  • Jul. 13, 2011, 9:38 AM
    More on dropping of Sky (BSYBY.PK) bid: News Corp. (NWS -0.5%) feels the situation has become "too politicized" for it to continue with its offer, a source says, although NWS intends to remain a long-term shareholder. Sky shares are -4% in London.
    | Jul. 13, 2011, 9:38 AM
  • Jul. 13, 2011, 9:29 AM
    News Corp. (NWS) withdraws its bid to buy BSkyB (BSYBY.PK).
    | Jul. 13, 2011, 9:29 AM
  • Jul. 11, 2011, 11:15 AM

    News Corp's (NWS) "withdrawal of undertakings" at the Competition Commission lays a path for the U.K. to conduct a full competitive inquiry of the BSkyB takeover proposal, which could slow the process considerably. NWS -6%, BSYBY.PK -8%. (PR; previous developments)

    | Jul. 11, 2011, 11:15 AM | 1 Comment
  • Jul. 11, 2011, 10:55 AM

    News Corp. (NWS) "withdraws proposed undertakings" on its British Sky Broadcasting bid, and BSkyB (BSYBY.PK -7.5%) is down as much as 11% in London. Doesn't look like a dead bid, yet.

    | Jul. 11, 2011, 10:55 AM
  • Jul. 11, 2011, 7:47 AM
    News Corp.'s (NWS -0.1%) hopes of buying BSkyB (BSYBY.PK) are fading after the U.K. government says it will seek fresh regulatory advice about the acquisition following the phone-hacking scandal at the News of the World. In London, BSkyB -6.2%
    | Jul. 11, 2011, 7:47 AM
  • Jul. 10, 2011, 6:22 AM
    Thank you & Goodbye - News of the World publishes its last edition, but this still may not stop attempts to delay a decision about approving News Corp.'s (NWS) purchase of British Sky (BSYBY.PK) until after the phone-hacking probes are over - i.e., for years. If the deal fails, some want NWS to return the $12B to shareholders.
    | Jul. 10, 2011, 6:22 AM
  • Jul. 8, 2011, 7:32 AM

    David Cameron says a decision whether to allow News Corp. (NWS) to take over BSkyB (BSYBY.PK) will take 'some time' because of the number of responses to a public consultation. This follows the uproar of the phone-hacking scandal. BSkyB is -3.5% in London.

    | Jul. 8, 2011, 7:32 AM
  • Jul. 7, 2011, 4:57 PM
    Mad men and zombies may entice News Corp. (NWS), Disney (DIS) or Time Warner (TWX) to chase "the most expensive American media takeover in five years": AMC Networks (AMCX +1.9%). It's a "hot network," Gamco Investors says, and plenty of media companies would like the "predictable, recurring dual-revenue streams of advertising and subscription fees.”
    | Jul. 7, 2011, 4:57 PM
  • Jun. 30, 2011, 10:17 AM
    A tale of two web sites: Possessing roughly 4x as much U.S. traffic as Facebook five years ago, MySpace has been left in the dust by Facebook, leading to News Corp.'s (NWS) recent decision to sell the business for a fraction of its purchase price.
    | Jun. 30, 2011, 10:17 AM | 4 Comments