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European Media Company RTL Group has acquires video Youtube’s lifestyle network StyleHaul for US$107 million to take control of the company. The deal values StyleHaul at US$151 million.
CNET, which began life as a digital consumer portal of news, information and reviews largely generated from tech magazines that are barely still available in print, is now a print magazine. The publisher, which is now a part of CBS’ CBS Interactive division, has unveiled plans to launch a new quarterly print Cnet Magazine with a Nov. 3 premiere issue cover date, hitting newsstands in the U.S. and Canada now.
Major developments in the (Hispanic) sports marketing arena. Last week the major news was that Telemundo (NBCUniversal) took over Spanish-language broadcast rights to the 2018 Soccer World Cup. Joe Uva, Chairman, Hispanic Enterprises and Content at NBCUniversal, said that mun2 will “not be a pure sports network”. mun2 will relaunch on February 1, 2015 under the new name of NBCUniverso. A look at other major news happening this week.