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section heading icon     2006 to 2010

This
chronology covers -

subsection heading icon     2006

Viacom spins off broadcast, themepark, publishing and some cable tv interests as CBS Corporation

Takafumi Horie arrested for fraud

Disney buys Pixar for US$7.4bn

CBS and Warner Brothers Entertainment announcement that UPN and WB networks would combine to form youth-oriented CW network

Axel Springer abandons ProSiebenSat deal

Palamon Capital Partners sells European theme parks to Compagnie des Alpes for US$280m

Time Warner sells book publishing division (inc Warner Books and Little, Brown) to Lagardere for US$537.5m

InterMedia buys Thomas Nelson for US$473m

Disney announces agreement to merge its ABC Radio stations with Citadel in US$2.7bn deal

DMGT abandons plan to sell regional newspaper chain

Lagardere agrees to buy 20% of Vivendi Universal's French pay-TV business Canal Plus in exchange for its 34% stake in CanalSatellite and €525m

AT&T bids US$67bn for BellSouth

Blackstone acquires Gardaland

NBC Universal agrees to buy iVillage for around US$600m

VNU agrees to US$8.9bn takeover offer by Blackstone, KKR, Lee, Carlyle and Hellman & Friedman consortium

John Fairfax buys Trade Me for $625m

Knight Ridder agrees to sell itself for US$4.5bn to McClatchy

Hearst agrees to acquire 20% stake in Fitch Group for US$592m

Softbank agrees to buy Vodafone's Japanese mobile-phone unit for US$15.4bn

NTL buys Virgin Mobile Holdings for US$1.67bn

Media General agrees to buy four NBC television stations (inc WNCN Raleigh) for US$600m

Willis Stein & Partners sells Baker & Taylor to Castle Harlan for US$455m

Time Warner buys Liberty Media's 50% in Court TV joint venture for US$735m

GBL agrees to sell its 25.1% stake in Bertelsmann back to Bertelsmann for €4.5bn

McClatchy announces that it will sell San Jose Mercury News and The Contra Costa Times to MediaNews and partnership that includes Gannett and Stephens Group

Axel Springer acquires Jean Frey

McClatchy announces that Pioneer Press in St Paul and Herald in Monterey County will be sold to Hearst

McClatchy announces sale of Philadelphia Inquirer and Daily News to Philadelphia Media Holdings for US$562m

ITV sells stake in Seven Network

EMAP agrees to sell EMAP France to Berlusconi's Mondadori for £380m

Univision acquired by Saban consortium?

Orkla announces sale of newspaper operations to Mecom for €900m

European Court of First Instance annulls European Commission's approval of 2004 merger between Sony Music and BMG

Vivendi agrees to buy BMG Music Publishing for €1.63bn

Time Warner sells AOL France's internet access business to Neuf Cegetel for €288m

Apax Partners buys UK B2B publisher Incisive Media for £199m

Barclays sell handbag.com to Hearst for £22m

Google Inc pays $US1.65bn for YouTube

Air America network files for bankruptcy

US Equity buys Penton Media from Abry Partners for US$530m

Reuters agrees to sell its 50% in Factiva to Dow Jones for US$160m

Packer transfers media operations to 50%-owned PBL Media joint venture with CVC Asia Pacific

Clear Channel agrees to be bought for US$18.7bn by Thomas H Lee Partners and Bain Capital consortium

Wiley agrees to acquire Blackwell Publishing for £572m

KKR and Seven form Seven Media Group

Komsomolskaya Pravda bought by Gazprom (owner of Izvestia) for US$70m

UK Press Gazette folds

Houghton Mifflin acquired by Riverdeep for US$3.36bn (inc debt)

Fairfax acquires Rural Press

News Corp and Liberty Media announce US$11bn swap

Seminoles buy Hard Rock for US$965m

Cinemark Holdings Inc. acquires Century Theatres for US$1.04bn

VNU sells European business magazines in the UK, Germany, Italy, Spain, the Netherlands and Belgium to 3i for €320m

Texas Pacific and Apollo Management agree to buy Harrah's Entertainment for US$16.7bn

Avista Capital Partners buys McClatchy's Minneapolis Star Tribune for US$530m

Publicis agrees to buy internet marketing specialist Digitas for US$1.3bn

subsection heading icon     2007

New York Times agrees to sell its nine local tv stations to Oak Hill Capital Partners for US$575m and radio station WQEW to Disney for US$40m

Bell Globemedia becomes CTVglobemedia Inc.

CanWest and Goldman Sachs make joint C$2.3bn bid for Alliance Atlantis television and production group

Time Warner abandons US$900m bid for web marketer TradeDoubler

Wolters Kluwer sells education arm to Bridgepoint Capital for €774m

Tamedia merges with Espace Media Groupe

Candover pays US$1.2bn for Spanish theme park operator Parques Reunidos

Macquarie Media Group buys American Consolidated Media for US$102m

Time Warner sells 18 magazines to Bonnier

ntl rebadged as Virgin Media

Post och Inrikes Tidningar becomes digital only

National CineMedia raises US$798m in IPO

Astral announces agreement to acquire Standard Broadcasting

Blackstone's Merlin Entertainment acquires Tussauds Group from Dubai International Capital (DIC) for £1.03bn

GMG sells sells 49% of Trader Media to Apax for £674m

Sam Zell makes successful US$8.2bn bid for Tribune

Google acquires DoubleClick for US$3.1bn

News Corp launches US$5bn unsolicited bid for Dow Jones

Reed Elsevier sells Harcourt Assessment and Harcourt Education International to Pearson for US$950m

CanWest sells remaining 70% of NZ broadcasting arm to Ironbridge Capital for NZ$386m

Mecom makes €800m bid for Wegener, gains control

Thomson sells higher education, careers and library reference assets of Thomson Learning to Apax and Omers Capital Partners for US$7.75bn

TFInforma pays £502m for Datamonitor

Mediaset, John de Mol and Goldman Sachs pay US$3.56bn for Telefonica's 75% in Endemol NV

Exponent sells TSL Education (Times Educational Supplement and Higher Education Supplement) to Charterhouse Capital Partners

Thomson agrees to acquire Reuters

RCS pays €1.1bn for Recoletos Grupo de Comunicaciòn

WPP buys internet advertising broker 24/7 Real Media for US$649m

Microsoft agrees to pay US$6bn for ad broker aQuantive

EMI agrees to £2.4bn takeover by Terra Firma

PBL sells further 25% stake in PBL Media Holdings to CVC for $515m

Quebecor agrees to pay C$517m for Osprey Media

Rogers agrees to pay C$375m for CTVGlobemedia's CITY-TV network

ProSiebenSat.1 Media and SBS Broadcasting SA merge

Bell Canada agrees to be acquired by Ontario Teachers' Pension Plan and Providence Equity Partners for US$48.8bn

Incisive Media acquires ALM (American Lawyer) for US$630m

Houghton Mifflin announces it will acquire Harcourt (inc Harcourt Education, Harcourt Trade and Greenwood-Heinemann) from Reed Elsevier for US$4bn

News Corp gains control of Dow Jones

Global Radio acquires Chrysalis Radio for £170m

AOL buys online advertising company Quigo for US$350m

Bauer agrees to pay £1.14bn for Emap's consumer magazine unit and radio arm

Emap sells business-to-business magazine and events arm to Guardian Media Group (GMG) and private equity firm Apax for around £1bn

LVMH agrees to pay €240m for Groupe Les Echos

subsection heading icon     2008

Microsoft launches US$44.6bn bid for Yahoo

Getty announces agreement to be acquired by Hellman & Friedman for US$2.4bn

AOL pays US$850m for Bebo

HgCapital sells Boosey & Hawkes to Imagem Music (ABP pension fund and independent music publisher CP Masters) for £126m

formal establishment of Thomson Reuters

Cablevision agrees to buy 97% stake in Newsday from Tribune for US$650m

CBS announces US$1.8bn deal to buy CNet Networks

Bennett Coleman agreed to buy UK commercial broadcaster Virgin Radio Holdings from SMG for US$105m

Remstar acquires TQS network

NBC Universal, Bain Capital and the Blackstone Group agree to acquire The Weather Channel, Weather.com site and Weather Services International forecasting service from Landmark for US$3.5bn

Bertelsmann agrees to sell its 50% stake in music joint venture Sony BMG (later Sony Music Entertainment Inc) to Sony for US$900m





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