#media

Versant $VSNT agreed to acquire golf simulator company Full Swing for about $530M in cash. The deal adds hardware and software to a golf portfolio that already includes Golf Channel, GolfNow and GolfPass.

Comcast $CMCSA rose 20% after saying it plans a tax-free spin-off of NBCUniversal and Sky into a separate public company. The company expects completion in about one year, subject to board, tax, regulatory and financing conditions.

$ROKU traded at $143.66, up 20.0% at 12:46 UTC, after Fox Corporation agreed to acquire Roku for $160.00 per share. The cash-and-stock deal values Roku at about $22B in enterprise value.

$PSKY traded about 3% higher after hours after the DOJ cleared Paramount Skydance’s proposed acquisition of $WBD, a roughly $110B transaction that still awaits EU review and could face state-level challenges.

Comcast $CMCSA rose as much as 8% premarket after Q1 adjusted EPS of $0.79 beat the $0.73 LSEG estimate and revenue of $31.46B beat the $30.43B estimate.

A federal judge blocked Nexstar Media Group $NXST from further integrating Tegna $TGNA while an antitrust case proceeds. The $6.2B deal would combine 228 stations reaching 80% of U.S. TV households, according to court filings and state attorneys general.

Netflix $NFLX fell 9% in extended trading even after Q1 revenue rose 16% to $12.25B, ahead of the $12.18B LSEG estimate. The selloff followed unchanged 2026 guidance, a $0.78 Q2 EPS forecast, and Reed Hastings saying he will leave the board in June.

On April 2, 2026, TBPN said on X that OpenAI had acquired the show, and OpenAI confirmed the deal the same day. OpenAI says TBPN will remain editorially independent while joining its strategy organization.

Ars Technica terminated senior AI reporter Benj Edwards after an article he co-authored was found to contain AI-generated fabricated quotes attributed to a real source who never said them.

Aftermath has published an investigative report exposing Clickout Media, the company quietly acquiring game journalism outlets like GamesHub, The Escapist, and Videogamer, then filling them with gambling affiliate content and AI-generated articles.