Hints and tips:
...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....
...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...
...As part of the transaction, Endeavor became a separate talent agency with other businesses spanning sports media rights and data analytics, but kept a controlling stock interest in the merged combat sports...
...The proxy battle between Trian and Disney has intensified in recent weeks as the entertainment company’s annual shareholder meeting on April 3 approaches....
...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...
...media....
...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...
...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....
...The belated IPO pitch highlighted Endeavor’s growing dominance in multiple areas of media and entertainment: global sports, live events and talent representation....
...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...
...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....
...However, the group has struggled to turn its mix of news, entertainment and lifestyle into lasting financial success, undermined by audiences’ shift back to more traditional media groups and the tightening...
...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...
...The agency has ridden the boom in sports and media activity in recent years....
...On Tuesday, Endeavor announced the completion of its deal to acquire World Wrestling Entertainment and house it under a newly listed entity that also includes UFC....
...Křetínský’s portfolio includes stakes in the UK’s Royal Mail, grocer J Sainsbury, and West Ham football club as well as German wholesaler Metro and US sneaker chain Foot Locker....
...Live content remains king in the entertainment industry....
...Chief executive Bob Iger is nearing the first anniversary of his return as head of the media behemoth Disney and investors want to know what he plans next when the company reports fourth-quarter figures...
...An aggressive dealmaker, he merged Endeavor with rival William Morris, acquired sports media group IMG and Ultimate Fighting Championship, along with about 20 more transactions....
...Its co-chief executive Egon Durban is chair of Ari Emanuel’s Endeavor Group, which in April announced an all-stock merger of Ultimate Fighting Championship with World Wrestling Entertainment that would create...
...Since Bob Iger’s second term as Disney chief executive started in November, some of America’s most prominent media executives have offered him advice on how to turn the world’s largest entertainment group...
...“You’re seeing cost-cutting throughout the entertainment business,” he added....
...On Monday it charged media and entertainment company Impact Theory LLC with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens....
...Iervolino’s decision to go public in Paris was to “increase Tatatu’s visibility worldwide” and access capital markets “with the ambition to become one of the world’s must-use social media and entertainment...
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