BusinessInnovationTechnology

Media Mogul John Malone’s Liberty Global Divests Half Its ITV Holdings in Strategic Portfolio Shift

Liberty Global has sold half its stake in British broadcaster ITV, totaling £135 million. The divestment comes as ITV faces challenges from streaming competition and advertising market pressures, with shares declining significantly following the announcement.

Major Stake Reduction in British Broadcaster

Liberty Global, the media and telecommunications conglomerate chaired by billionaire John Malone, has reportedly sold half of its stake in British broadcaster ITV according to recent financial reports. The transaction involved 193.4 million shares valued at approximately £135 million ($180 million), with the deal being executed rapidly between Tuesday night and Wednesday morning.

BusinessEntertainmentMedia

Warner Bros. Discovery Explores Strategic Sale Following Acquisition Interest

Warner Bros. Discovery has put itself up for sale after receiving unsolicited acquisition interest. The media conglomerate, formed through the WarnerMedia-Discovery merger, is reportedly attracting buyers seeking its valuable content library despite ongoing financial challenges.

Media Giant Opens Door to Acquisition Offers

Warner Bros. Discovery has initiated a strategic review that could lead to the sale of the entire company or its components, according to reports from industry sources. The media conglomerate confirmed it has received unsolicited acquisition interest from multiple parties, prompting the board to consider all options for maximizing shareholder value.

BusinessMedia

CNN Relaunches Streaming Strategy With Premium ‘All Access’ Service Following CNN+ Failure

CNN is making another attempt at streaming dominance with its new All Access service, priced higher than the ill-fated CNN+ that lasted less than a month. The Warner Bros. Discovery-owned network hopes to avoid repeating past mistakes with this latest digital initiative.

CNN’s Streaming Renaissance

CNN is attempting to revitalize its digital strategy with the launch of CNN “All Access,” according to reports from CNBC and other financial outlets. This marks the latest effort by the CNN network to establish a foothold in the competitive streaming landscape after the spectacular failure of CNN+, which sources indicate lasted less than a month despite significant investment and promotion.

MediaSports

Apple Secures Exclusive U.S. Formula 1 Streaming Rights in Major Sports Media Deal

Apple has reportedly secured exclusive U.S. broadcasting rights for Formula 1 in a landmark five-year partnership beginning in 2026. The deal represents Apple’s most ambitious move into live sports streaming to date and will end ESPN’s tenure as the series’ American broadcaster.

Exclusive Streaming Partnership Announced

Technology giant Apple Inc. has reached a five-year exclusive broadcast agreement with Formula 1 to stream races in the United States starting in 2026, according to reports. The partnership comes at a time when Formula One continues to experience significant growth in popularity worldwide, particularly in the American market.