GLG News by Movie Distribution Experts

This article is important because it highlights a very clear concept that is not being given enough attention...traditional media companies still have a great deal of reach, assets and power.

Fox News, the Wall Street Journal and other entities reports four big media companies (NBCU, Viacom, Time Warner, CBS) may ban together to create a video web site to rival YouTube.Disney is not participating in the talks.The big guns are late to the party again . . .

Advertising analysts Robert Coen and Steve King offer their views on the state of advertising growth in 2007 at a recent conference.Both men expect advertising to grow by less than 5%--the difference is in Internet Advertising.

Comments from News Corp. COO Peter Chernin at the recent UBS conference affirms importance of traditional media in launching new digital initiatives.Chernin however is quick to point out that it's not a good idea to be the 3rd newspaper or 5th TV station in a market attempting to do so.

After months of speculation, it appears a deal has been struck between the News Corporation and Liberty Media to enable Rupert Murdoch to ensure his control over his company.John Malone reemerges as a powerful media player with the acquisition of DirecTV.

Mel Karmazin continues to make statements about wanting to acquire XM, but it doesn't appear XM is interested.If a deal is going to happen it should probably get off the ground before the Democratic-controlled Congress takes office in January.

KKR and their partners know the value of a unique basket assets like this.  Accordingly, they quickly moved to get control of this tremendous opportunity, which includes significant market share.  They will now be able to sell off the pieces to groups of smallers operators who desperately...

The fact that private equity groups are jumping on to media companies like Clear Channel signals these industries are still capable of producing profits.Private equity firms don't have to deal with Wall Street failing to recognize the value of traditional media.

This is an interesting read on the state of the newspaper industry, and how the industry has fallen on tough times.The article points out that the newspaper's future is on the Web.While this is certainly a reality, and the author is "spot on," the transition to get advertisers to recognize this will...

The bids have been opened, and equity firms Thomas Lee Partners and Bain Capital have won Clear Channel with a $19 billion bid, pending regulatory approval.The firms outbid two other competitors.