Virgin Music Group to Acquire Downtown Music Group in $775M Deal
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
Hollywood’s Top Dealmakers of 2024
posted in: Acquisitions, All News, Business, Hollywood, Industry, Media, Media Acquisitions, Mergers |
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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/
Amazon Invests Another $4B In AI Firm Anthropic
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/
HBO Among Top Buyers of Beta Film Central, Eastern European Slate
Ahead of Cannes Mipcom confab, Beta Film has closed a string of major deals on six premium series from Central Eastern Europe, a proof of the region’s fast transformation into a prime destination for multi-territory players such as HBO, Canal+ … Continued
Vuelta Buys WW Entertainment, a Leading Distribution Banner in Benelux
Pan-European indie group Vuelta, which recently bought Telepool in Germany, has completed another strategic acquisition with WW Entertainment, one of Benelux’s largest distributors. Source: Vuelta Buys WW Entertainment, a Leading Distribution Banner in Benelux
Sony Music Masterworks acquires immersive live event company Black Sky Creative
Sony Music Masterworks (SMM) has acquired a majority stake in Los Angeles-based Black Sky Creative, a specialist in producing immersive entertainment, experiential retail and live experiences. Black Sky’s recent projects include Stranger Things: The Official Store; AC/DC Official Dive Bar … Continued