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...Rather than being “truly groundbreaking stuff”, Immersive was “an evolution of existing arcade games”, Jijiashvili said....
...Hollywood entertainment group Endeavor and its private equity partner Silver Lake, which have controlled Learfield since 2018, will become minority partners under the restructuring terms....
...They certainly should after the entertainment group announced a long-expected go-private sale to its existing majority shareholders this week. The deal values Endeavor’s equity at $13bn....
...The price is a 55 per cent premium to where Endeavor’s stock was trading in late October, when the sports and entertainment business led by Ari Emanuel said it was exploring strategic alternatives....
...The proxy battle between Trian and Disney has intensified in recent weeks as the entertainment company’s annual shareholder meeting on April 3 approaches....
...But an FT visit to the group’s autonomous driving centre in Beijing in June showed each robotaxi was remotely monitored by a human sitting in an arcade-like driving station ready to intervene....
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
...Instead of an annual management fee, the manager passes all costs to its end investors, covering costs such as office rents, technology and data, salaries, bonuses and client entertainment....
...The iPhone maker’s TV+ will go from $6.99 to $9.99 a month in several markets including the US and UK, according to new pricing shown on Apple’s website, alongside increased rates for its Arcade gaming and...
...The fact that most of these companies’ revenues come from profitable bowling lanes and arcade games means they have been able to use those gains to offset rising costs in other parts of the business, including...
...Meta and Google struck deals in 2021 to pay Australian media companies, including News Corp, newspaper publisher Nine Entertainment and a host of smaller websites, broadcasters and regional newspapers, an...
...The potential takeover comes after Endeavor merged mixed martial arts league Ultimate Fighting Championship with World Wrestling Entertainment last month in an all-stock deal that left the agency as a standalone...
...Alongside the Tower, I came to Showtown, a museum of entertainment that opens on Friday....
...Ari Emanuel’s Endeavor Group, the sprawling entertainment conglomerate, may soon go private. One might ask why it went public at all....
...And Silver Lake said last month that it was considering taking entertainment group Endeavor private again after the company and its chief executive Ari Emanuel became frustrated with lacklustre share price...
...Inter Miami, which is backed by investment group Ares Management and co-owned by construction billionaire Jorge Mas and his brother Jose, has emerged as a symbol of the convergence of sports, entertainment...
...Endeavor drafts a private equity sequel It was meant to be an underdog tale, when entertainment heavyweight and Ultimate Fighting Championship owner Endeavor Group filed for an initial public offering in...
...In this era, according to Group M, an individual’s day-to-day experiences — “their entertainment, search and shopping recommendations, and even their news digest” — will become “increasingly customised and...
...The more plausible alternative is to add entertainment systems, paid for by passengers or used to show adverts. If customers can bear that aggravation, robotaxi rides might even be free....
...Activist investor Nelson Peltz has recently upped his stake in the entertainment giant and is looking to push for board seats, the Financial Times has reported....
...minimum fee — effectively a management fee that provides the business with more stable revenues — on top of the cost pass-through structure, where they absorb the charges for everything from bonuses to entertainment...
...Moreover the entertainment giant is stuck with nearly $45bn of debt. Its broadcast and cable TV network business grapples with falling ad revenue and a shrinking subscriber base....
...annual management fee, the multi-managers employ a “pass-through” expenses model, where the manager passes on all costs — including office rents, technology and data, salaries, bonuses and even client entertainment...
...Apollo has done deals in the restaurant and entertainment sector before but has largely focused on companies in North America. Among its past investments are the Chuck E. Cheese restaurant chain....
...It has licensed its brand to the F1 Arcade, where fans can race against each other in full-motion simulators, and to the F1 Exhibition, a travelling event designed to showcase the sport’s history....
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