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Vox Media Acquires Tech Site Re/Code

Vox Media has purchased Revere Digital, parent company of tech-focused website Re/Code, in an all-stock deal whose financial terms have not been publicly disclosed.

Though Vox already owns competing tech site The Verge, Re/Code will continue to operate as an independent site under the Vox umbrella, Re/Code heads Walt Mossberg and Kara Swisher said in a statement confirming the deal. 163 more words

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EMC to Buy Virtustream for $1.2 Billion to Expand Cloud Offerings

Data storage products maker EMC said Tuesday it would buy privately held Virtustream for about $1.2 billion in cash to expand its cloud offerings.

EMC has been looking to strengthen its cloud services offerings as it struggles with slowing sales growth in its main data storage products business. 191 more words


Kino Lorber Acquires Cannes Pic 'Measure Of A Man'; Picturehouse Picks Up Ashley Judd Starrer 'Big Stone Gap'

Kino Lorber has picked up North American rights to The Measure Of A Man, which earned Vincent Lindon the Best Actor Award at Cannes. Stephane Brizé directed the pic from a script he co-wrote with Olivier Gorce about a laid-off man who takes a demeaning job as a security guard at a supermarket. 81 more words


Charter to Buy Time Warner Cable for $56 Billion

Charter Communications, the No. 3 cable TV operator, offered to buy No. 2 Time Warner Cable Inc for $56 billion on Tuesday but immediately ran into questions about whether regulators would agree to the combined company, which would control a big swath of the cable and Internet markets. 1,007 more words


ITV Walking Away From Weinstein Co. TV Deal; What Now For Bob And Harvey?

ITV appears to be walking away from a potential deal to acquire the Weinstein Company’s TV division, though neither side will confirm. The two companies were believed to be in talks over a staggered deal worth anywhere from $300 million to a top rate of more than $950 million if all benchmarks were achieved. 500 more words

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Hot Topic Buying Parent Company Of Online Retailer ThinkGeek For $122M

Mall staple Hot Topic is taking another chain under its umbrella for a $122 million price tag, announcing that it’s acquiring Geeknet, Inc., parent company of online retailers ThinkGeek and ThinkGeek Solutions, for $122 million. 226 more words