Verizon Sells Media Assets Led By Yahoo To Apollo Global Management For $5 Billion

EXCLUSIVE: Bondit Media Capital, which became an important funder for independent film and television during Covid, is partnering with Vancouver-based Arcana Studio to launch Bondit Canada Capital.

A major hedge fund with a reputation for aggressive cost cutting got the greenlight on Friday to acquire Tribune Publishing, the owner of big city dailies such as The Chicago Tribune, The Baltimore Sun, the Orlando Sentinel and The New York Daily News.

When Jennifer Carroll Foy was growing up as a young girl in Petersburg, Virginia, she had to sit with her aunt at her kitchen table trying to make the agonizing decision about whether the family was going to pay their mortgage or buy the medicine they needed for her sick grandmother.

Muse have marked the forthcoming 20th anniversary of ‘Origin Of Symmetry’ by announcing a remixed version of their seminal album – you can hear a new take on ‘Citizen Erased’ below.The new remix album from the Devon band will arrive on June 18, falling just short of 20 years since the original record arrived on July 17, 2001.While Muse are yet to officially comment on the new release, frontman Matt Bellamy previously told NME that they were considering a “special show” to mark the milestone.“The

The yet-to-be-named platform plans to launch this summer and staff up to 20 people by the end of the year, a knowledgeable individual told TheWrap. The entity has raised $7 million in funding from TPG and 40 North Capital.

Brent Lang Executive Editor of Film and MediaMatthew Belloni, the former editorial director of the Hollywood Reporter, has joined the management team of a new media startup that will cover finance, politics, technology and entertainment. His landing spot has been the subject of much speculation since Belloni left the Reporter in a dispute with the trade publication’s owners over editorial coverage.

EXCLUSIVE: Former Hollywood Reporter Editorial Director Matthew Belloni has boarded a high-profile digital media startup as a founding partner.

AT&T and Discovery are pursuing a merger of their entertainment assets that would reshape the media business, particularly the fast-growing realm of streaming.

Matt Donnelly Senior Film Writer“How It Ends,” a serene apocalyptic comedy from partners Zoe Lister-Jones and Daryl Wein, has been acquired by MGM’s American International Pictures label.The film was an official selection at the 2021 Sundance Film Festival, written and directed by Lister-Jones who produced with Wein.  American International Pictures will release the project in theaters and on digital platforms on July 20 in the U.S.

homophobic robotext referring to him as “a gay Democrat” to delegates ahead of the Virginia GOP’s nominating convention on Saturday, May 8.The lawsuit, filed by Del.

Ethan Shanfeld BondIt Media Capital has increased its credit facility with Revere Capital by up to $70 million.Founded in 2013, BondIt has posited over $150 million of capital into over 325 film, TV and other media projects.

Verizon is exiting the media business. The telecom giant is selling Yahoo, AOL and the remainder of its Verizon Media brands to the private equity firm Apollo Global Management in a $5 billion deal announced Monday.

The Weeknd has teased some “magic” new material that he made during the COVID-19 lockdown.The singer released his chart-topping album ‘After Hours’ just as the virus hit the US last March.Since then, he’s played the Super Bowl halftime show, hinted that the ‘After Hours’ era might not be over yet and shared a new remix of ‘Save Your Tears’ with Ariana Grande.In a new series of tweets this week, the singer – real name Abel Tesfaye – teased music made in a “small quarantine room”.Sharing a gif of

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CHARLESTON, WVA. – West Virginia’s Republican governor Jim Justice on Wednesday signed HB 3293, a bill that bans transgender youth athletes from competing in women sports in the state’s middle, high schools and colleges.

WASHINGTON – The National Black Justice Coalition, a D.C.-based LGBTQ rights organization, issued a statement on Monday disclosing that an unarmed 32-year-old black man who was shot as many as 10 times by a sheriff’s deputy in Spotsylvania County, Va., on April 21 is gay.

previously vowed to sign the measure into law, arguing that restrictions on transgender female athletes were needed to ensure that cisgender women are able to earn honors and awards, or qualify for regional and national meets without worrying that they will lose out to athletes assigned male at birth, who, if they have not undergone hormone therapy, retain unfair physiological advantage.Justice said he had considered the fact that the NCAA could retaliate and refuse to schedule championships or

Verizon is exploring a sale of Yahoo and AOL that would end a rocky era for the telco as a media owner after a spate of disappointing acquisitions. A sale could bring $4 billion to $5 billion and giant investment group Apollo Global Management is said to involved, according to a report in the Wall Street Journal.