formerly Mad Cornish Projectionist.
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
Publicly listed UK company Northamber has said there are significant opportunities for further acquisitions in the sector after welcoming Epatra into the group. Source: Northamber acquires Dutch-based AV distributor Epatra
Downtown Music Group includes FUGA, Downtown Artist & Label Services, Curve Royalties and more. Source: Virgin Music Group to Acquire Downtown Music Group in $775M Deal
The most impactful and intriguing mergers and acquisitions that reshaped the industry this year — and the executives, reps and lawyers who made them happen… Source: https://www.hollywoodreporter.com/lists/hollywood-dealmakers-2024/the-studio-merger-of-the-year/
The tech giant poured $2.75 billion in the generative AI company just six months ago. Source: https://www.hollywoodreporter.com/business/digital/amazon-invests-ai-firm-anthropic-4b-1236069439/