Tribune Media

Nextstar completes US$7.2bn Tribune deal creating biggest US broadcaster

US Broadcaster Nexstar Media has completed the US$7.2 billion (€6.5 billion) acquisition of Tribune Media.  The deal, which will create a company with 197 full power, owned or serviced TV stations in 115 markets will reach 39% of US households. It will make the new-look Nexstar the biggest broadcaster in the country.  By acquiring Tribune, […]

Tribune Media sues Sinclair as US merger deal collapses

US broadcast group Tribune Media has terminated its planned US$3.9 billion (€3.4 billion) merger with Sinclair Broadcast Group and is filing a lawsuit against the broadcast outfit for breach of contract. Tribune said that its lawsuit in the Delaware Chancery Court would seek compensation for losses incurred as a result of Sinclair’s breaches of the […]

Report: Nielsen in talks to buy Gracenote

Market research company Nielsen is reportedly in advanced talks to buy entertainment metadata firm Gracenote from its parent company Tribune Media. According to a Variety report, which cites multiple unnamed sources, Nielsen could announce the deal as early this month and pay between US$450 to US$500 million to secure Gracenote. The report claims that Nielsen […]

Gracenote buys TV and movie data rival Baseline

Video and music metadata specialists Gracenote has acquired TV and film information rival, Baseline. Gracenote said that Baseline’s database deepens its existing video metadata by adding detailed, descriptive information about movies and TV productions that can be used to “power next generation TV and video experiences for viewers.” It added that Baseline’s ‘The Studio System’ platform expands […]

Gracenote appoints former M-GO chief as CEO

Video and music metadata specialists Gracenote has appointed John Batter, the former CEO of movie and TV streaming service M-GO, as its new CEO.  Batter will take up the role on September 2, leading Gracenote’s day-to-day operations, setting its strategic direction and driving growth for the firm’s core metadata and technology businesses. He will report […]