Tracked deals
14
14 tracked deals across 2026.
Media & Entertainment Divestitures in 2026
Buyer mix
Mixed buyer set
12 investor · 10 strategic
Top trend
Volume peaked in 2025
17 tracked deals announced in 2025.
Buyer Snapshot
Top Buyers
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Affiliates of existing ByteDance investors | 1 | Affiliates of certain existing ByteDance investors partic... | Investor |
| Alpha Wave Partners | 1 | Global investment firm with multi-geography offices inves... | Investor |
| Apax Partners LLP | 1 | Global private equity firm that invests through Apax Fund... | PE |
| Atresmedia Corporación de Medios de Comunicación, S.A. | 1 | Spanish media company operating content and advertising/c... | Strategic |
| CONX CORP | 1 | Diversified operating entity focused on communications an... | Strategic |
| Carolwood L.P. | 1 | Independent multi-strategy private equity firm that acqui... | PE |
| Comcast | 1 | Communications and media company focused on broadband, wi... | Strategic |
| Dell Family Office | 1 | Private investment office of Michael Dell investing acros... | Family Office |
| Fixated LLC | 1 | Los Angeles-based creator-economy company providing end-t... | Strategic |
| Fuzion Dallas, LLC | 1 | Spanish Christian radio network operator expanding Fuzión... | Mixed |
Acquisition Volume in Media & Entertainment Divestitures in 2026 by Year
Last 9 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
October 8, 2026
- Buyer
- Premiere Digital
- Target
- Vubiquity
- Seller
- Amdocs
- Industry
- Media & Entertainment
- Location
- California, United States
- Type
- Divestiture
Premiere Digital acquired Vubiquity, Amdocs' media supply-chain and content-licensing business, combining it with Premiere Digital's content mastering, digital distribution, and AI-driven solutions. The acquisition expands Premiere Digital's capabilities across the media content value chain; the transaction closed on October 8, 2026.
-
- Buyer
- Madison Square Garden Sports
- Target
- New York Rangers, Hartford Wolf Pack, MSG Training Center, New York Knicks, Westchester Knicks
- Seller
- Madison Square Garden Sports shareholders (receiving distribution of MSG Rangers shares)
- Industry
- Media & Entertainment
- Location
- New York, United States
- Type
- Divestiture
Madison Square Garden Sports’ board approved the spin-off of its New York Rangers business from its New York Knicks business. Completion is targeted for October 26, 2026, with MSG Sports renamed MSG Knickerbockers Corp. (owning Knicks and Westchester Knicks) and a newly created MSG Rangers Corp. (owning Rangers, Hartford Wolf Pack, and MSG Training Center) slated to begin trading in late October.
-
September 18, 2026
- Buyer
- Carolwood L.P.
- Target
- Thryv Holdings print directories business (Print Yellow and White Pages in the United States, Australia and New Zealand; digital editions; Australia White Pages online)
- Seller
- Thryv Holdings, Inc.
- Industry
- Media & Entertainment
- Location
- Texas, United States
- Type
- Divestiture
Thryv Holdings agreed to sell its print directories business to private equity firm Carolwood L.P. for $142 million in cash. The sale includes Print Yellow and White Pages in the United States, Australia and New Zealand, the digital editions of those directories, and Australia White Pages online; it excludes Thryv’s Internet Yellow Pages and other online properties. The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions.
-
- Buyer
- Atresmedia Corporación de Medios de Comunicación, S.A.
- Target
- Clear Channel Outdoor Holdings' business in Spain
- Seller
- Clear Channel Outdoor Holdings, Inc.
- Industry
- Media & Entertainment
- Location
- Spain
- Type
- Divestiture
Clear Channel Outdoor Holdings completed the sale of its business in Spain to Atresmedia for an enterprise value/purchase price of EUR €115 million (about US$132 million). The deal is subject to customary post-closing adjustments and transaction-related fees and expenses.
-
- Buyer
- Apax Partners LLP
- Target
- techoraco, Institutional Investor
- Seller
- Delinian
- Industry
- Media & Entertainment
- Location
- United Kingdom
- Type
- Divestiture
Delinian announced the divestiture of two businesses, techoraco and Institutional Investor, to Apax Partners LLP. The transactions are subject to customary regulatory approvals and closing conditions, and are intended to enable the businesses to develop further under Apax Funds’ ownership.
-
June 29, 2026
- Buyer
- Comcast
- Target
- NBCUniversal, Sky
- Industry
- Media & Entertainment
- Location
- Pennsylvania, United States
- Type
- Divestiture
Comcast announced plans to separate into two independent, publicly traded companies via a tax-free spin-off of NBCUniversal and Sky. Upon completion, Comcast shareholders will own shares in both Comcast and NBCUniversal, with the separation expected to close in about one year subject to customary approvals.
-
CONX CORP to Acquire Controlling Interest in INNOVATE’s HC2 Broadcasting Unit; INNOVATE retains ~25%June 1, 2026
- Buyer
- CONX CORP
- Target
- HC2 Broadcasting Holdings Inc. (Broadcasting)
- Seller
- INNOVATE Corp. (through HC2 Broadcasting Holdings and HC2 Broadcasting Holdco, LLC)
- Industry
- Media & Entertainment
- Location
- United States
- Type
- Divestiture
INNOVATE Corp. announced that its subsidiary HC2 Broadcasting Holdings closed a $105 million refinancing and entered into a definitive merger agreement to sell a controlling ~75% interest in Broadcasting to CONX CORP, subject to regulatory approvals. The merger would extinguish existing notes and the New Loan, with CONX committing up to $75 million of equity after closing and INNOVATE retaining an option to purchase up to 15% more over 18 months.
-
- Buyer
- UNA Sports Group
- Target
- X Games League New York Summer team, X Games League New York Winter team
- Seller
- MoonPay X Games League (XGL)
- Industry
- Media & Entertainment
- Location
- New York, United States
- Type
- Divestiture
The MoonPay X Games League (XGL) announced the sale of its New York Summer and New York Winter teams to UNA Sports Group in an eight-figure transaction. UNA becomes the first single group to own two X Games League Clubs and will operate X Games Club New York across both seasons.
-
May 1, 2026
- Buyer
- Urban One, Inc., Fuzion Dallas, LLC
- Target
- Service Broadcasting Group, LLC, Radio station KZMJ
- Seller
- Service Broadcasting Group, LLC
- Industry
- Media & Entertainment
- Location
- United States
- Type
- Divestiture
Urban One has entered into agreements to acquire Service Broadcasting Group, LLC, including Dallas radio stations KKDA and KRNB. In parallel, Urban One will sell station KZMJ to Fuzion Dallas, LLC, with both transactions subject to FCC regulatory approval and customary closing conditions.
-
- Buyer
- Fixated LLC, Fixated LLC (buyer via Fixated brand/platform)
- Target
- Studio71 US, Studio71 GP, LLC, Studio71, LP
- Seller
- ProSiebenSat.1 Media SE
- Industry
- Media & Entertainment
- Location
- California, United States
- Type
- Divestiture
ProSiebenSat.1 Media SE sold its North American creator business operating under the Studio71 US brand to Fixated LLC. The deal covers the US entities Studio71 GP, LLC and Studio71, LP (including subsidiaries), while Studio71’s operations in German-speaking markets remain with ProSiebenSat.1.
-
February 16, 2026
- Buyer
- Spectrum Networks (Charter Communications)
- Target
- New England Cable News (NECN)
- Seller
- New England Cable News, NBCUniversal
- Industry
- Media & Entertainment
- Location
- Massachusetts, United States
- Type
- Divestiture
Spectrum Networks, a division of Charter Communications, agreed to acquire substantially all assets of New England Cable News (NECN) from NECN and NBCUniversal. The deal will fold NECN into Spectrum News, expand Spectrum's regional footprint across New England, and consolidate NECN's distribution agreements under Spectrum News NECN based in Massachusetts.
-
February 10, 2026
- Buyer
- New York-based media investment company (name not disclosed)
- Target
- BondIt Media Capital (BondIt)
- Seller
- Accord Financial Corp.
- Industry
- Media & Entertainment
- Location
- United States
- Type
- Divestiture
Accord Financial Corp. has closed the sale of its 60% interest in BondIt Media Capital to a New York-based media investment company. The transaction generated $8.9 million in gross proceeds, including $6.8 million in cash and a $2.2 million minority investment in the acquiring entity, which Accord plans to use to pay down its primary banking facility.
-
- Buyer
- Rob Gough
- Target
- Fireballs (World Jai‑Alai League)
- Seller
- World Jai‑Alai League (WJAL)
- Industry
- Media & Entertainment
- Location
- Florida, United States
- Type
- Divestiture
Entrepreneur and investor Rob Gough purchased the Fireballs professional jai‑alai team from the World Jai‑Alai League (WJAL) in what the league described as the first perpetual (in‑perpetuity) franchise sale. WJAL said the move shifts its business model toward long‑term franchise ownership to attract sustained investment, deepen team brand equity, and support modernization of the sport and new revenue streams around live events and digital distribution.
-
January 22, 2026
- Buyer
- Oracle, Silver Lake Management, MGX, Dell Family Office (DFO Management / Michael Dell), Alpha Wave Partners, Susquehanna International Group, General Atlantic, Revolution, Vastmere Strategic Investments, Merritt Way, Via Nova, Virgo LI, NJJ Capital, Affiliates of existing ByteDance investors
- Target
- TikTok USDS Joint Venture LLC (TikTok US operations)
- Seller
- ByteDance
- Industry
- Media & Entertainment
- Location
- California, United States
- Type
- Divestiture
ByteDance has finalized a deal establishing TikTok USDS Joint Venture LLC, a majority American-owned entity that will secure U.S. user data, apps and the recommendation algorithm to avoid a nationwide ban. The joint venture is led by Oracle, private equity firm Silver Lake and Abu Dhabi-based MGX (each with 15%), with other U.S. and global investors participating while ByteDance retains a 19.9% stake.
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Divestitures in 2026