Hints and tips:
...While the pods focus on investing, the parent platforms take care of everything else from operations to marketing. Millennium allocates capital across more than 300 investment teams....
...It then advised UFC on its sale to the WME IMG — the predecessor to Endeavor — in 2016....
...of about 13 times CAA’s earnings before interest, tax, depreciation and amortisation in its latest financial year — represented a considerable premium to the valuation of Endeavor’s own talent agency, WME...
...Fraser-Pryce obliterated the other parents in the women’s sprint race....
...WME London is bloody strong, which it wasn’t before,” she says. The live circuit is back up and running: WME’s gig bookings are running at the same level as 2019....
...John Riccitiello: Well, my gaming career started with my parents’ living room floor and playing Pong....
...Laboratoire XO, which makes the hypertension drug Loxen, was one of three companies owned by the fund, alongside NSO and the Estonia-based gambling business Olympic Entertainment Group....
...Moving into other areas of entertainment will add value to intellectual property. Yuga Labs is reported to be working on a project that could turn NFTs into gaming characters....
...Meta, Facebook’s parent company, said: “Commercial deals are just one of the ways that Meta provides support to publishers, and we’ve had ongoing discussions with publishers about the types of news content...
...Fortnite’s parent company, Epic, increasingly sees the game as an open ecosystem where other developers can distribute their content....
...Job moves Facebook parent company Meta has appointed DoorDash co-founder and chief executive Tony Xu as a director on its board....
...One of Oak View’s biggest investors is Silver Lake, which in November paid $500m for a 10 per cent stake in City Football Group, the parent company of Manchester City and sister clubs around the world....
...“We and Silver Lake share the strong belief in the opportunities being presented by the convergence of entertainment, sports and technology,” CFG chairman Khaldoon Al Mubarak said in a statement....
...Inter Milan’s attempt to bring in outside investors has been delayed by sponsorship agreements with parent company Suning, according to Bloomberg....
...The Sydney Morning Herald, the Nine-owned newspaper that first reported the draft deal between Google and its parent, said it would be worth more than A$30m a year....
...The Tinseltown super-agent, whose entertainment empire includes talenthouse WME, mixed martial arts franchise UFC, and the Miss Universe pageant, first introduced Durban to Al Mubarak and has been instrumental...
...True, the firm has moved into investing in sports, media and entertainment, including the Ultimate Fighting Championship, talent agency and events group Endeavor (formerly WME) and The Madison Square Garden...
...Mr Durban, managing partner of US private equity firm Silver Lake, agreed to pay $500m for just over 10 per cent of City Football Group, the parent company of the English Premier League champions....
...US private equity group Silver Lake has struck a $500m deal to buy just over 10 per cent of the parent company of Manchester City, the English Premier League club....
...The group, which has $43bn in assets, has moved further into sports and entertainment under Durban’s watch....
...Endeavor is the parent company to WME and IMG, the talent agency powerhouses that represent stars such as Serena Williams, as well as Droga5, the advertising agency whose clients include The New York Times...
...Endeavor, the entertainment empire that fired the starting gun on an initial public offering on Thursday, is one of the world’s biggest talent agencies, representing top performers from Rihanna to Charlize...
...The battle stems from Toshiba Machine’s decision to sell its stake in NuFlare to Toshiba — once its parent company — despite the fact that another bidder Hoya made an offer considerably higher....
...Speaking at a conference in Ohio for investors in parent L Brands, the group’s international head Martin Waters said a relatively weak economy in the UK was undermining efforts to revive the company’s lossmaking...
...Endeavor, the entertainment group headed by Ari Emanuel, which owns another agency, WME, has taken that idea even further....
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