Hints and tips:
...Costs in the pass-through model typically work out at between 3 per cent and 10 per cent of assets each year, and a performance fee of 20-30 per cent of profits is typically charged on top....
...The proxy battle between Trian and Disney has intensified in recent weeks as the entertainment company’s annual shareholder meeting on April 3 approaches....
...Shari Redstone and Skydance, the film studio behind movies including Top Gun: Maverick....
...In addition to Vivendi’s Canal Plus, Starz has also attracted interest from set-top box maker Roku, which has teamed up on a bid with private equity group Apollo for a stake of up to 20 per cent....
...Communications chief Dan Courtemanche pointed out that the league’s Apple deal and top 10 attendances predated Messi....
...On Wednesday, Rowan announced that four top executives inside Apollo would forfeit most of their carried interests in Apollo funds in exchange for the lion’s share of $557mn in restricted stock units....
...The FTC alleges that its “pay-to-play” adverts force sellers to spend more for top billing....
...the charges for everything from bonuses to entertainment....
...Analysts at Stifel said in a note that they “understand the top six shareholders have been wall crossed”....
...His firm, BDT, also arranged a $100mn shelf loan. “They’ve been burning cash throughout the last year or so,” said Oliver Vande Stouwe, an analyst at S&P....
...Top agents and staff at the agency will continue to own 34 per cent of CAA after the Pinault family completes its purchase, expected by year-end....
...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....
...Instead of an annual management fee, the manager passes on all costs — including office rents, technology and data, salaries, bonuses and even client entertainment — to their end investors....
...For a long time, UK rules were stuck in the age of top-shelf magazines and DVDs — focused on the sale of films and display of “indecent matter”. Attempts to bring laws up to date stalled....
...Dealmaking remains in vogue at the house of Kering First there was Kering’s €3.5bn bet on top-shelf perfume house Creed....
...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...
...Through its majority ownership of Legends, the concessions and hospitality company, Sixth Street has a view into the operations of many of sport and entertainment’s top stadiums and arenas....
...Mubadala will own 70 per cent of Fortress, while insiders like founder Briger and top investment staff will own the remaining 30 per cent of the $46bn in assets group....
...Among the reasons, when he was a junior banker in his twenties, he had so impressed the top brass of the listed casino operator, Penn National Gaming, now called Penn Entertainment, that they invited him...
...There will be an entertainment element of it. Over the next 10 years, 400 missions. We forecast $137bn cumulative market....
...We managed to slot in a small fridge, then added a slate top and skinny shelves on three sides for glasses....
...It’s rare for Trian, which owns a $900mn stake in the entertainment behemoth, to back down so easily....
...In 2022 the stock market wiped more than half a trillion dollars in value from the largest entertainment groups as investors lost patience with the streaming revolution that propelled Netflix to the top...
...In lieu of the typical 2 per cent annual management fee many simply pass every single expense — whether rents, Bloomberg terminals, server costs, salaries, bonuses and even client entertainment — on to their...
...At the same time, it has changed the traditional bonus and profit point systems that top talent has been accustomed to....
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