formerly Mad Cornish Projectionist.
German media giant RTL Group has signed an agreement to buy Comcast-owned pay-TV platform Sky Deutschland. The deal brings together two top media brands in the region, creating a business with roughly 11.5 million paying subscribers. Source: German Media Giant … Continued
“Central and Eastern Europe is one of the key international markets for high-volume, high-quality lifestyle content — particularly with big returning franchises in the home renovation genre.” Source: NATPE Budapest: BBC Studios, AMC Networks Buy Cineflix Rights Content
Hedge funds are seeking a court determination on the fair value of their Endeavor shares after a surge in the value of TKO, the majority of which is owned by the entertainment conglomerate. Source: Endeavor’s Take-Private Fuels Hedge Fund Face-Off … Continued
Cinema Guild has acquired North American distribution rights on the restored films of French filmmaker Luc Moullet. Cinema Guild will mount a touring theatrical retrospective of Moullet’s work starting at Film at Lincoln Center in New York in August. Moullet, … Continued
Elon Musk says that his AI venture xAI has acquired his social media platform X, formerly known as Twitter.In an X post Friday, Musk said the all-stock transaction values xAI at $80bn (£61.8bn) and X at $33bn. Musk paid $44bn … Continued
Almost a year ago, Rooster Teeth said it was shutting down after 21 years following parent Warner Bros. Discovery‘s failure to find a buyer for the money-losing fandom, gaming and comedy entertainment studio.On Wednesday, Burnie Burns — one of Rooster … Continued