Some of the biggest surprises in media M&a this year came not from ambitious CEOs or activist investors but from the clinical precision of regulators focused on warding off too much market concentration.
Industry insiders, meanwhile, say judges and antitrust watchdogs are focused on the wrong mature businesses while online-based media continues to operate like the Wild West. The anti-Big Media mood on both sides of the partisan divide in Washington is likely to complicate the completion of the biggest media transaction of the year, Microsoft’s proposed all-cash 68 billion takeover of gaming giant Activision Blizzard.
“Under this administration, that...
Industry insiders, meanwhile, say judges and antitrust watchdogs are focused on the wrong mature businesses while online-based media continues to operate like the Wild West. The anti-Big Media mood on both sides of the partisan divide in Washington is likely to complicate the completion of the biggest media transaction of the year, Microsoft’s proposed all-cash 68 billion takeover of gaming giant Activision Blizzard.
“Under this administration, that...
- 12/7/2022
- by Cynthia Littleton
- Variety - TV News
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