Hints and tips:
...But these days, Villa is valued at more than £500mn after Sawiris and Edens agreed the sale of a minority stake in their V Sports vehicle to US investment firm Atairos in December last year....
...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...
...Disney acquired a 5 per cent stake in DraftKings in 2019 when it bought 21st Century Fox....
...CNN has fallen to a distant third place in the ratings, behind rivals Fox News and MSNBC....
...Starboard plans to recommend News Corp spin off its digital real estate division, which includes a stake in Australian online property site operator REA Group and Realtor.com parent Move Inc The activist...
...An IPO could not take place “without Fox’s consent or approval from the arbitrator”, according to Fox, but Flutter denied that Fox could block an IPO....
...Ari Emanuel’s Endeavor Group has agreed to merge its Ultimate Fighting Championship with World Wrestling Entertainment, forming a new listed entity with an enterprise value of $21.4bn....
...A large media acquirer — such as Comcast, Fox or Disney — could avoid paying these fees by owning WWE outright....
...Bad break-up Tucker Carlson’s relationship with Fox News had become increasingly strained over time, insiders told the FT, painting a picture of a star whose ego got in the way....
...Vice Media, the youth-focused news and entertainment group, has launched a free-to-watch online television channel to capitalise on the boom in streaming as it makes a new push to achieve the steady profitability...
...And they probably weren’t in attendance at Saturday’s All Points East — a London day party organised by US conglomerate the Anschutz Entertainment Group and sponsored this year by crypto platform Luno....
...The pair sold entertainment assets to buyers keen to do battle in the content streaming wars. So far this year, Fox and AT&T shares have held up versus declining market indices....
...Disney acquired a 5 per cent stake in DraftKings, a fantasy sports and betting group, in 2019 when it bought 21st Century Fox....
...The Korean Wave opens September 24, V&A ‘Make, Break, Remix: The Rise of K-Style’ by Fiona Bae, (Thames & Hudson), will be published in the UK & Ireland on 22 September 2022...
...After all, English Premier League clubs have already broken their gross spend record, with a minimum of £1.5bn already committed to buying players, according to Deloitte’s Sports Business Group....
...The group forked out $1bn on marketing in the US in 2021. A resolution to a dispute with Rupert Murdoch’s Fox over a stake in FanDuel has been delayed, with a hearing now scheduled for June....
...“If I left it to the individual creative groups in the company, everything would be going to the legacy platforms”, such as movie theatres and linear TV, Chapek told the FT in December....
...Netflix, ViacomCBS, Fox and Apple also intend to spend billions of dollars on content....
...On Monday, the former US president’s “non-woke” entertainment group disclosed a series of bold projections claiming that by 2026 it would generate $3.7bn in revenues off of 81m users....
...Flutter, which owns FanDuel and Fox Bet in the US, said revenues there hit $500m in the three months to the end of June, thanks to higher-value bets by US customers....
...Fox obtained its option to buy an 18.5 per cent stake in FanDuel at fair market value as part of Flutter’s £10bn merger with The Stars Group, which operated a sports betting platform with Fox....
...Disney acquired Fox for $71bn, while AT&T bought WarnerMedia for $85bn....
...they still lack the scale to compete in the fast-changing digital entertainment landscape....
...The listing of a stake in FanDuel could be complicated, however, by the media group Fox Sports, which has a 2.5 per cent stake in the business with an option to increase that to 21 per cent in July....
...The group has launched a subscription streaming service for Fox News, called Fox Nation, but has not released subscriber numbers....
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