Can satellite radio be saved?
Liberty Media is loaning Sirius XM about $530 million to keep the combined satellite radio service company afloat. The satellite radio company has millions of subscribers for its services, which feature exclusives such as shock jock Howard Stern. But do consumers really want this technology?… Continue Reading
WorldWinner’s CATCH 21 online game becomes a TV show
The borders between media are porous. WorldWinner, an online skill-based game company, proved that today when it announced that its “CATCH 21″ game will become a TV show on the GSN channel shown in 68 million homes.
GSN airs only game shows and is jointly owned… Continue Reading
Liberty Media buys Bodybuilding.com for $100M+
Online media conglomerate Liberty Media has picked up a controlling stake in fitness portal Bodybuilding.com for over $100 million, reports yesterday’s Wall Street Journal. The company is always interested in buying “high-growth Internet businesses targeted at narrow customer segments,” CEO Greg Maffei told the Journal…. Continue Reading