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...and original projects in TV, film and audio that LVMH would co-develop, co-produce and co-finance....
...“I want to thank our shareholders for their trust and confidence in our board and management,” Iger said....
...Chris Rossbach, a fund manager at J Stern & Co, said it had voted in favour of Disney’s board recommendations....
...He knows the media and entertainment business cold and has the successful track record to prove it.” “Putting people on a board unnecessarily can harm a company....
...; and Dana Walden, co-chair of Disney Entertainment....
...The proxy battle between Trian and Disney has intensified in recent weeks as the entertainment company’s annual shareholder meeting on April 3 approaches....
...Its relevance, despite being a smaller business, is impressive, says Mario Ortelli, founder and managing director of luxury strategy advisory Ortelli and Co....
Streaming losses narrow as entertainment group plots new ventures including $1.5bn investment in Epic Games
...A new group including Mubadala, Michael Dell’s family office, Goldman Sachs Asset Management and Lexington Partners will also invest cash into Endeavor....
...It said: “We are comfortable that management has a viable plan to address the important matters facing the company.”...
...The US entertainment giant has defeated a challenge to its board from activist investor Peltz, handing a definitive victory to chief executive Bob Iger and ending one of the most expensive and closely watched...
...Peltz, co-founder of the Trian Partners hedge fund, is waging a proxy fight to gain board seats for himself and former Disney chief financial officer Jay Rasulo....
...Salesforce, which a year ago faced an onslaught of activist investors, including Elliott Management, gave Morfit a board seat....
...In 2008, at the age of 26, she founded ITB, a London-based talent management and entertainment marketing business, with funding from Saturday Group, her now husband’s fashion marketing agency....
...Initially a mash-up of wellbeing manager, entertainment organiser and unofficial corporate counsellor, the “CHO” role began life in a waggish guise....
...Profit warning followed profit warning as Eidos management set deadlines its studios said were unrealistic. Release dates, most notably for its flagship Tomb Raider franchise, drifted inexorably....
...Co-founded by Zhang Tao, the co-founder of restaurant review site Dianping, and backed by Chinese business figures such as Min Fan, co-founder of travel group Ctrip, Circle 33 gained notoriety by attracting...
...US private equity firms made some moves on the sector, with Wagamama owner Restaurant Group taken off the market by Apollo Global Management and bowling and social entertainment centre operator Ten Entertainment...
...Nelson Peltz has launched a second proxy battle at Walt Disney after the entertainment group rejected his push to join the board, setting off another bitter fight between the activist investor and chief...
...Funding for True Brit Entertainment was led by LA-based talent management and entertainment company Three Six Zero, which represents artists such as Calvin Harris and Jaden Smith....
...John Goetz, co-chief investment officer of Pzena Investment Management, said valuations on European consumer stocks had fallen to appealing levels....
...The entertainment veteran has extended his contract for another two years, raising doubts over his commitment to finding a successor....
...Trian will put forward its co-founder Nelson Peltz and former Disney executive Jay Rasulo at the company’s annual shareholder meeting next year, it said on Thursday....
...Ares has hired Stefano Questa as a co-head of Europe for alternative credit, where he will work alongside Eli Appelbaum. Questa previously was a private credit partner at Hayfin Capital Management....
...Last year, easing travel restrictions unleashed a wave of business spending, particularly on travel and entertainment. US businesses are now tightening their belts....
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