Hints and tips:
...Raine has built its reputation advising on some of the biggest sports and entertainment transactions....
...Now, the Department of Justice is reportedly preparing to sue Ticketmaster’s parent company Live Nation Entertainment over anti-competitive practices....
...Perhaps that’s just the price of buying an elite sports entertainment asset controlled by 77-year-old McMahon....
...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...
...Up until now, the PGA Tour has been a commercial animal, it has been incredibly successful,” says Steve Martin, chief executive of M&C Saatchi Sport & Entertainment....
...The Disney chief characterised the conversations as “very collaborative, non-antagonistic and collegial”, including Loeb’s recommendations to change the composition of the entertainment group’s board....
...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...
...Will Japan bet on e-sport? Gambling in Japan is legal only for a select group of activities....
...Candle acquired Reese Witherspoon’s production company Hello Sunshine for $900mn in August and has struck deals with kids’ media group Moonbug Entertainment and Will Smith’s production company Westbrook....
...Investors in Nike, the global sports brand, might be more interested in the senior leadership team than the numbers....
...On Monday, the US justice department said it raised concerns about the executives’ board seats because Endeavor and Live Nation compete closely in sports and entertainment markets....
...Ari Emanuel, the chief executive of Endeavor, the entertainment group that owns Ultimate Fighting Championship, the mixed martial arts series, resigned from the board of Live Nation because the US Justice...
...The investment firm acquired the biggest US gaming empire, Harrah’s Entertainment, in 2008 with rival buyout group TPG for $31bn, although the company, which was later renamed Caesars, later went bankrupt...
...Caesars’ hot hand Early in 2020, it was like déjà vu all over again for Caesars Entertainment....
...But this month Sixth Street is quite literally buying the dip: nacho queso, guacamole and a host of other snacks, retail and entertainment at some of the world’s pre-eminent sports stadiums....
...The coronavirus pandemic has played to their strengths, as millions have relied on them for online shopping, entertainment and business and social contact....
...The group, which has $43bn in assets, has moved further into sports and entertainment under Durban’s watch....
...A stock market listing could eventually allow some of Endeavor’s backers including the private equity group Silver Lake to sell their stakes....
...Discovery and other groups are banking on consumers opting for niche offerings, from cooking to sport....
...If the companies fail to abide by their promises, EU officials can impose of fine of up to 10 per cent of the group’s global turnover....
...The transaction is subject to regulatory approval, including the justice department....
...entrepreneur Whether you prefer to style her the youngest self-made billionaire on earth or Gen Z’s first billionaire, the 22-year-old founder of Kylie Cosmetics sold a majority stake in her firm to Coty Inc...
...The media and entertainment group was founded by Ari Emanuel, the Hollywood agent who inspired the Ari Gold character in the HBO series Entourage....
...Citing a time of “extraordinary” change in entertainment, Mr Iger nodded to the legacy of Walt Disney, the group’s founder, who had set a precedent to “create change, not just to sit back and watch it happen...
...In a recent CNBC interview, Mr Fertitta said the “world of gambling on sports is going to totally change in the next five years”....
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