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Flutter Entertainment PLC
Flutter ditches plan to hire Deloitte after move to US listing
...Flutter has backtracked on a plan to replace long-standing auditor KPMG with Deloitte after the gambling group’s decision to list its shares in New York freed it from independence rules that would have required...
April 7, 2024
Sport
Bridgepoint rejected higher bid for MotoGP from Ari Emanuel’s TKO
...TKO owns the Ultimate Fighting Championship and World Wrestling Entertainment....
April 5, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
Ardian Holding SAS
Ardian’s £2bn UK music console maker deal marks buyout activity revival
...The company was badly affected by the global pandemic when live music and entertainment events were largely shut down....
April 23, 2024
Walt Disney Co
Top proxy adviser Glass Lewis backs Disney’s Iger in Peltz fight
...for the entertainment group are “superior”....
March 18, 2024
Music
Rock band Kiss sells rights for $300mn to company behind Abba hologram show
...Kiss, the flamboyant US rock band, has sold the rights to its music as well as its name, image and likeness to Pophouse, the Swedish entertainment company founded by Abba’s Björn Ulvaeus....
April 4, 2024
LexLive Nation Entertainment Inc
Live Nation deserves to face the antitrust music Premium content
...Now, the Department of Justice is reportedly preparing to sue Ticketmaster’s parent company Live Nation Entertainment over anti-competitive practices....
April 18, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Fashion
Diesel and Margiela owner Renzo Rosso is prioritising product over entertainment
...“We’re the opposite of other luxury groups....
March 25, 2024
Merlin Entertainments PLC
Legoland and Madame Tussauds owner to roll out surge pricing
...Kirkbi, an investment vehicle run by Lego’s founding family, teamed up with private equity group Blackstone and Canadian pension fund CPPIB on the £6bn takeover....
March 25, 2024
Janan Ganesh
The problem with America’s politico-entertainment complex
...In fact, as the Alamo showed, and Dunkirk too, group identities can grow stronger in defeat....
February 27, 2024
News updates from January 23: Turkey votes for Sweden’s Nato bid, Netflix adds 13mn new subscribers
Zee Entertainment shares plunge 27% after Sony calls off merger
...Indian media company Zee’s share price fell 27 per cent on Tuesday after Sony called off a merger between the two groups, ending two years of talks aimed at creating a market-leading entertainment conglomerate...
January 23, 2024
News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign
Video games group Embracer to split into three listed companies as it battles share price decline
...The Swedish group has since laid off hundreds of employees and divested key assets including Gearbox Entertainment and Saber Interactive....
April 22, 2024
LVMH
LVMH goes to Hollywood to get brands on screen
...French luxury group LVMH is venturing into the world of Hollywood entertainment as it seeks to market the group’s 75 brands through movies and television....
February 22, 2024
Walt Disney Co
Disney unveils $3bn buyback and lifts dividend ahead of activist battles
...The group said it expected to meet its target of reaching profitability in its streaming division by this autumn....
February 8, 2024
Investments
Investors’ Chronicle: Safestore, Flutter Entertainment, Gateley
...HOLD: Flutter Entertainment (FLTR) A calculated expansion into the huge US gaming market pays off for Flutter, writes Julian Hofmann....
January 19, 2024
Walt Disney Co
Disney wins backing of ValueAct in fight over its future
...The move marked Peltz’s second effort to force change at Disney after aborting an earlier attempt to allow Iger to implement changes at the group....
January 3, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
LexEndeavor
Endeavor’s deal is a fitting end to a sorry show Premium content
...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....
April 3, 2024
ReviewTelevision
The Gentlemen TV review — Netflix’s Guy Ritchie spin-off offers light lads-and-dads entertainment
...But though this series is rambling, rowdy and guilty of hanging around too long (rather unlike a gentlemen) it is also a diverting slice of light lads-and-dads entertainment....
March 6, 2024
LexWalt Disney Co
Disney needs new ideas from its cast of in-activist investors Premium content
Radical plans for recovery at the entertainment group are thin on the ground
January 5, 2024
Flutter Entertainment PLC
Paddy Power owner Flutter hopes US listing will draw in retail investors
...“We have FanDuel, and we want to make sure that our customers are able to buy shares in the company that owns their favourite entertainment provider,” chief executive Peter Jackson told the Financial Times...
April 1, 2024
LexFlutter Entertainment PLC
Flutter can fight off Disney’s ESPN in US sports betting Premium content
US growth prospects and secondary listing in New York have allowed the group to outpace its London-listed rivals
March 26, 2024
Embracer Group
Debt-strapped European games group Embracer plans 3-way split
...Sweden-based Embracer has laid off hundreds of employees and divested key assets over the past year including Gearbox Entertainment, which makes the Borderlands and Duke Nukem games, and Saber Interactive...
April 22, 2024
Inside BusinessAnna Nicolaou
The last of pop’s superstars?
...But the list was also filled with musicians from across the globe: Chilean reggaeton acts FloyyMenor and Cris MJ, K-pop girl group Illit, Colombian singer Feid, and Mexican rapper Natanael Cano....
April 11, 2024
News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%
Risers and fallers in the US
...and dining group Dave & Buster’s Entertainment jumped 11.2 per cent after it reported strong margin growth and a share buyback plan on Tuesday afternoon Zales parent Signet Jewelers’ stock surged 10.2...
April 3, 2024
News updates from March 27: Yen hits 34-year low; Nobel winner Daniel Kahneman dies
Formula One owner closes in on €4bn deal for MotoGP
...Liberty, which is chaired by telecoms and entertainment billionaire John Malone, is poised to agree the takeover of Dorna Sports after seeing off a rival bid from TKO, the sports and entertainment group...
March 27, 2024
Endeavor
Silver Lake moves to take entertainment group Endeavor private
...US private equity group Silver Lake is considering taking Endeavor Group private, with a potential deal for Ari Emanuel’s Hollywood talent agency that would be one of the year’s largest buyouts....
October 25, 2023

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