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...Warner in 2021 agreed to buy hip-hop label 300 Entertainment for more than $400mn, as well as Russian indie label Zhara Music. Sony Music in 2021 paid $430mn to buy independent music company AWAL....
...With Twitter’s revenues down by about 50 per cent since Musk took over, mending those relationships — and building new ones in the entertainment business — has fallen to Yaccarino....
...The allure of the streaming entertainment era is the opportunity to consume shows and music à la carte. Media mergers and acquisitions should proceed similarly....
...The Florida-based business also plans to launch Truth+, which will provide what it called “non woke” entertainment to the American public....
...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...
...At the same time, entertainment giants are showing a renewed interest in gaming — adding new competition for existing players in a shrinking market....
...Three directors also left Zee Entertainment last month. The Sony-Zee problems come as India’s competitive entertainment industry is in flux....
...Sony has called off its merger with Zee Entertainment, ending its agreement with the Indian media group two years after striking an ambitious deal to create a $10bn entertainment powerhouse in the world’...
...Market leader Hybe and the entertainment subsidiary of Kakao were keen to take over SM in order to enrich their content and become the national entertainment champion capable of taking on overseas music...
...Other companies that Moody’s counted among defaults in December included US cinema advertising company Screenvision, cinema chain AMC Entertainment and German cable provider Tele Columbus....
...Sony executives were optimistic that the deal between its Indian business and Zee would create a $10bn media powerhouse in one of the world’s most promising entertainment markets....
...In the US, Super Bowl ad breaks are national entertainment in their own right, and a showcase for the power and reach of the traditional TV commercial....
...Disney: The US entertainment company will report its latest quarterly results as it faces a growing battle with activist investor Nelson Peltz....
...But transforming F1 into a spectacle that straddles sport and entertainment risks putting noses out of joint. In Las Vegas, the drivers themselves had mixed opinions about Liberty’s approach....
...The world’s largest traditional entertainment companies face a reckoning in 2024 after losing more than $5bn in the past year from the streaming services they built to compete with Netflix....
...VF joins a list of companies including Clorox, MGM Resorts International and Caesars Entertainment that have contended with significant cyber attacks of their own this year....
...Three decades on, the Japanese entertainment giant is pursuing the same strategy in India’s Bollywood....
...It will extend Sony’s footprint in one of the world’s fastest-growing entertainment markets and present a formidable challenge to Disney Star, India’s largest TV network with more than 60 television channels...
...For Shari Redstone, who longed for years to run some of the most powerful brands in the entertainment business, this cannot be the outcome she had in mind....
...historically been dominated by the likes of Carl Icahn and Trian Partners’ Nelson Peltz — both of whom turned to old-school tactics and launched boardroom battles at gene sequencing company Illumina and entertainment...
...Ellison entered Hollywood as an outsider and was initially viewed as an example of “dumb money” — wealthy individuals who naively invest in the glamour of entertainment....
...Profits are weakening at the Japanese entertainment group. Meeting PlayStation targets for this year will be tough. Ryan will be hard to replace. He oversaw the launch of PlayStation 5....
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