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...Last September, Ares said it had raised $3.7bn to invest in sports leagues, teams, as well as media and entertainment companies....
...The corporation has said it will seek more partnerships with third parties to boost commercial income, similar to the deal it recently struck with US entertainment group Disney to produce the Doctor Who...
...Corporate earnings: Chinese tech group Baidu, Singapore lender Oversea-Chinese Banking Corporation, Hong Kong developer Sun Hung Kai Properties and gambling group Galaxy Entertainment report earnings....
...Times that the company’s investment plan would push down overall profitability this year but leave the group well positioned to reach a target of doubling revenues by the 2027-28 financial year, when the corporation...
...That deal left Levin sitting atop a media and entertainment colossus....
...The Florida-based business also plans to launch Truth+, which will provide what it called “non woke” entertainment to the American public....
...It has raised more than $2.5bn and struck a handful of small deals, including building a minority stake in movie studio Lions Gate Entertainment and four cyber security companies....
...Casino operators MGM Resorts and Caesars Entertainment are the latest high-profile victims....
...“If all the allegations were to be investigated and cleaned up . . . it could lead to a reset of many of the people in today’s entertainment industry.”...
...The group is allegedly behind at least 100 attacks on major US corporations and is considered a major threat to western companies....
...Lionsgate, the entertainment company behind blockbuster franchises such as the Hunger Games and Twilight, will carve out and list its studio business through a merger with a blank-cheque company in a deal...
...“It’s a bit of a change for us, in terms of moving from not just doing precision timing and measurement [but] also providing entertainment data that broadcast and TV can use to help people understand how...
...From a December press release: Liberty Media Corporation (“Liberty Media” or “Liberty”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) and Sirius XM Holdings Inc....
...Both DraftKings and Barstool, from which casino group Penn Entertainment exited its investment this week, declined interview requests....
...A British luxury caterer that feeds punters from Royal Ascot to the Royal Albert Hall has been sold to a US entertainment group backed by Silver Lake, which plans to use the brand to compete with outsourcing...
...Disney-owned broadcaster ESPN is taking aim at the US sports betting market, teaming up with casino group Penn Entertainment to launch an app designed to crack the duopoly of DraftKings and FanDuel....
...Disney and other entertainment companies have opted to license more shows to Netflix this year....
...“The portfolio is more diverse than it used to be with exposure to industries outside of media and entertainment,” wrote Silvia Cuneo, an analyst at Deutsche Bank....
...Ares, which had offered to fund two of the rival bidding groups for Chelsea, raised $3.7bn last year to invest in sport, including leagues and teams, as well as media and entertainment companies....
...“After 2008, LA became a primary destination for multibillion-dollar investments from China,” says Stephen Cheung, chief executive of the LA Economic Development Corporation....
...Host banks at IIEB meetings are expected to pay for accommodation and entertainment, while attendees’ employers pick up the bill for travel....
...the entertainment group saddled with debt....
...In this case, Judge Mark Walker will be asked to decide on whether DeSantis’s year-long battle with “woke Disney” violated the entertainment group’s constitutional rights....
...Entertainment in a deal that would have seen it list in New York at a $2.6bn valuation....
...Add the two oil majors, Flutter Entertainment and 3i and one again has explained more than half the total return of the index....
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