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BuzzFeed Buying HuffPost From Verizon Media

Variety reports: "BuzzFeed is acquiring HuffPost, the 15-year-old internet news outlet, in a stock deal with Verizon Media, the companies announced." Read more  

NBCLX Adds Esports to Programming Lineup

The Hollywood Reporter reports: "NBCLX, the NBCUniversal owned streaming network aimed at adults aged 18-45, has added esports to its programming lineup." Read more  

NBCU Taps PayPal to Help Spur TV Audiences to E-Shop

Variety reports: "Will legions of remote-wielding TV viewers start to think of their set-top box or broadband hub as a kind of shopping cart?" Read...

Univision Networks Ad Revenue Drop Narrows in Third Quarter

The Hollywood Reporter reports: "'Despite the ongoing uncertainties of COVID-19, advertising significantly improved from the second quarter, including record political advertising," says Vincent Sadusky,...

Kevin Mayer, Former Disney Exec and TikTok CEO, Joins Len Blavatnik’s...

Variety reports: "Kevin Mayer, previously a top Disney executive and — briefly — CEO of TikTok, joined Len Blavatnik’s Access Industries investment firm as...

Discovery Plans to Unveil Details of New Streaming Service in Early...

Variety reports: "Discovery plans to offer full details on its soon-to-launch streaming service in December, the company’s top executive said Thursday, formally launching the...

Comcast, Walmart Have Had Exploratory Talks About Producing a Smart TV

Variety reports: "Comcast wants its video-streaming technology to become embedded in the guts of smart TVs to power internet media apps — and retailing...

Sinclair Broadcast Group Reports Mixed Q3 Results As Regional Sports Networks...

Deadline reports: "Sinclair Broadcast Group edged Wall Street analysts’ estimate for revenue in the third quarter, reporting $1.54 billion as the acquisition of 22...

Media M&A 2021: Are Big Deals In The Picture?

Forbes reports: "In just the last two years, the media business has undergone a massive transformation through deal-making. AT&T closed its purchase of Time...

Twitch, Amazon Slammed by RIAA and Major Industry Groups for Using...

Variety reports: "Twitch, the rapidly growing livestreaming platform, and its owner Amazon received a blistering letter on Thursday signed by multiple major U.S. music...