Media & Advertising

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Media & Advertising
By Pooja Malik

Netflix targets hollywood studio property seized after $1.1B debt default

Netflix is in talks to acquire Radford Studio Center after lenders led by Goldman Sachs took control of the Los Angeles studio property. The discussions follow a debt default tied to more than $1.1 billion in borrowings and highlight continued interest in production assets despite broader shifts in entertainment real estate.

Media & Advertising
By Pooja Malik

oOh!media takeover bids reach A$845M as Four Buyers remain in race

The oOh!media takeover battle has intensified after revised proposals lifted the company's valuation to approximately A$845 million. Four bidders remain in contention as the outdoor advertising group reviews offers against a backdrop of higher earnings and growing investment interest in digital advertising assets.

Media & Advertising
By Pooja Malik

Paramount gets green light for $111B Warner smash‑up

Paramount's $111 bn acquisition of Warner Bros received U.S. antitrust clearance on Monday, May 13, removing the final regulatory barrier. The Department of Justice found no material competition concerns, allowing the deal to close within 30 days. Builders can now lock financing, model integration schedules, and adjust capital allocation to capture cross‑selling synergies in streaming and theatrical distribution.

Australia Public Broadcaster Staff Strike Over Pay for First Time in 20 Years

Workers at Australia’s national broadcaster the ABC have begun their first major strike in 20 years. Journalists and technicians struck nationwide, after they rejected a pay offer from management of 3.5%. Unions are demanding 6% just to keep pace with inflation and the cost of living. The industrial action has resulted in widespread disruptions to news and radio services across the country. Neither side has budged as the public broadcaster endures its biggest wave of worker unrest in years.

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