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2021's Biggest Media Deals - So Far

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M&A activity in the media space has been very active so far this year with the latest being the sale of celebrity gossip brand TMZ to Fox Corporation  (FOX) - Get Free Report.

The deal was part of a larger plan by AT&T  (T) - Get Free Report, which is selling off assets in advance of its WarnerMedia division merger with Discovery.

Other notable acquisitions are hedge fund Alden Global Capital's takeover of Tribune Publishing (Chicago Tribune, New York Daily News, Baltimore Sun) and of course Amazon's purchase of MGM studios and its content.

The year is not finished so more M&A activity in the media space is likely to be announced.

Jim Cramer provided his take on the recent deals on the recent deal.

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