tv

21st Century Fox Buying 7 TV Stations

NEW YORK – 21st Century Fox has inked a deal with Sinclair Broadcast Group and Tribune Media Company to acquire seven television stations for approximately $910 million. The purchase of the stations will increase Fox Television Stations’ (FTS) coverage to nearly half of all U.S. households, and its market presence to 19 of the top 20 […]

Real Estate

SL Green Acquires Leasehold in 2 Herald Square

SL Green Realty Corp. announced it was the successful bidder for the leasehold interest at 2 Herald Square, which was in foreclosure. The Company has also reached an agreement to joint venture the asset with an Israeli-based institutional investor, subsequent to closing on the acquisition. Located on a prime corner of Herald Square (the intersection […]

Sports tv

Dick Vitale Signs With ESPN Thru 2021

College basketball analyst Dick Vitale, one of the most recognizable personalities in sports television, has signed a contract extension with ESPN through the 2020-21 season. Vitale, 78, will continue his work as a game analyst on key matchups each week during the regular season, as well as Champ Week. He will also remain a contributor […]

Funding

Perch Raises $30 Million Series A

NEW YORK — Real estate marketplace Perch has raised $30 million in first round financing. The Series A investment was led by FirstMark Capital, with Juxtapose and Accomplice also participating in the round. The capital will be used for scaling the company’s home buying marketplace and product development as Perch revolutionizes the antiquated process of […]

Transportation

NY to Invest $300 Million in New Ferry Service

NEW YORK –– Mayor Bill de Blasio says NYC Ferry’s ridership could grow to as many as 9 million annual passengers by 2023, twice as many passengers as initially projected, and that the City will invest in a bigger ferry fleet to meet that demand. The Executive Budget includes $300 million in new capital over […]

Funding

Zola Lands $100 Million From Corporate Investors

NEW YORK — Wedding company Zola has raised a $100 million Series D financing led by existing investor Comcast Ventures, as well as new investors NBCUniversal and Goldman Sachs Investment Partners. Total investment in Zola now stands at over $140 million. This new funding comes at a time of explosive growth and rapid expansion for […]

Music tv

NBC Summer Concert Series Starts May 15

NBC’s Today Show has released its list of musical performers this summer with the industry’s hottest names taking over the plaza outside its studios at Rockefeller Center. Grammy Award winning artist Meghan Trainor kicks off the “Citi Concert Series on TODAY” on Tuesday, May 15. This year’s lineup for the 23rd annual summer concert series […]

Real Estate

McGraw-Hill Leases Five Floors in Midtown

NEW YORK — Real estate investment trust Paramount Group has signed a 136,176 square foot lease with McGraw-Hill Global Education Holdings, LLC at 1325 Avenue of the Americas, a 34-story Class A office tower located between 53rd and 54th Streets in Midtown Manhattan. McGraw-Hill Education will occupy floors 5 through 9, as well as a […]

Funding

Rocketrip Scores $15 Million Round

NEW YORK — Rocketrip, which offers a business traveler loyalty program, has raised $15 million in Series C funding led by GV (formerly Google Ventures) with participation from existing investors Bessemer Venture Partners and Canaan Partners. To date, Rocketrip has raised $32 million in venture capital. Erik Nordlander, Partner at GV, is joining Rocketrip’s board of […]

Media News

NY Times Adds Asia Tech Columnist

The NY Times has hired Li Yuan, a China tech columnist at The Wall Street Journal, to be its first Asia technology columnist for the Business section. She starts in May and will be based in Hong Kong. Li has been a China tech columnist at WSJ since 2015, writing a weekly column called China […]