Add this topic to your myFT Digest for news straight to your inbox
Sale comes as media owners scramble to cut costs and consolidate
Competing in media with no economies of scale is foolhardy
Purchase by Marc Benioff from Meredith is latest media acquisition by tech figure
US magazine publisher looks to sale after January’s $2.8bn purchase of media group
Merger planned for Hollywood Reporter, producers of Golden Globes and ‘House of Cards’
Plan backed by billionaire Koch brothers will also see job losses in cost-cutting drive
Koch brothers-backed bid does not settle the future of group’s best-known magazines
The Midwest publisher wants the lifestyle titles, not the flagship
Acquisition to give billionaires a stake in one of the best-known US publishers
Owner of Time and Sports Illustrated magazines has found standalone existence difficult
Growth in online ads set to outpace print decline for first time
Rival suitor Meredith abandons pursuit of US broadcaster after agreeing $60m break fee
Three-way fight for US TV station owner heats up as groups separately offer new terms
US television station owner to open negotiations but says board still backs rival plan
Strategic rationale is not the only thing that is odd about the proposed Media General/Meredith merger
Starboard Value urges TV group to accept Nexstar’s $1.85bn cash and stock offer
Combined company will be third-largest US TV station owner
South Korean group is latest example of Asian marketer expanding into west
Consider newspaper spin-offs milder versions of the ‘good bank/bad bank” gambit
New public company to hold Time Inc and IPC units
International Edition