FX continues to stock up on big movie titles. FX was an early adopter of the strategy, opting to spend the bulk of its acquisition budget on theatrical films instead of off-network shows. Along with original content, which is the main ratings driver for any network, movies have been a solid viewership generator on basic cable. Show More Summary
Both Netflix and Amazon made a resounding splash last year at the Sundance Film Festival, with high-priced acquisitions that are still maintaining their profile a year later. Netflix picked up “Mudbound,” which has been gaining momentum in awards races, for $12.5 million. “The Big Sick,” now also...
Japanese technology conglomerate SoftBank says it has closed a deal to acquire 15 percent of Uber.
Salesforce just issued $11.3 million in equity to an undisclosed entity. Analysts familiar with the company said it's likely related to the purchase of Attic Labs, a young data start up that Salesforce acquired on January 8. Attic Labs...Show More Summary
An automated inventory system is reportedly the culprit Amazon’s grocery delivery service has seen a major boost following the retail giant’s acquisition of Whole Foods — but the grocer’s IRL stores seem to be having some issues. Whole...Show More Summary
Change Healthcare announced the acquisition of National Decision Support Company (NDSC), a cloud-based solutions that deliver medical guidelines to the point of care through leading electronic health record (EHR) systems. The addition...Show More Summary
The acquisition of Unata by Instacart will create a fully comprehensive, configurable digital solution for grocery retailers of all sizes.
Qualcomm won conditional European Union antitrust approval for its $39 billion acquisition of NXP Semiconductors.
Various analysts had suggested in the past that Apple might consider using some of that cash is hoarding abroad to buy some highly=prized companies out there, including Netflix and Tesla. These wouldn’t be cheap acquisitions for Apple, and the names keep popping up. Show More Summary
The film production and acquisition arm of Amazon is shifting its sights from art-house films to films with a larger commercial appeal, reports Reuters. Amazon reportedly was only going after arthouse films in the past because it wanted high-brow movies that would win awards so it could attract A-list Hollywood talent for its original productions. Show More Summary
Concord Music Group has fully acquired Razor & Tie. In 2015, Concord made a major investment in the independent label, rumored at the time to be just under 50%. Terms of the deal were not disclosed. _______________________________________ Staffers at Razor & Tie were told to expect major layoffs in the...
Tilting Point’s mobile game publishing strategy is paying off. Thanks to viral hits like Nukebox Studios’s Food Truck Chef, its Q4 revenue has increased fourfold year-over-year. It’s also shuffling around its leadership — COO Samir El Agili will become Tilting Point’s president. He’s taking over for cofounder Dan Sherman, who will stay on as a […]
Good grief. Army Chief of Staff Gen. Mark Milley has waged a relentless war against the Department of Defense’s acquisition process (hereafter referred to as “purgatory”) to replace the decades-old weapons currently in soldiers’ kit with new pistols and other small arms. So far, he’s had some major successes on the pistol front with the […]
With CBS and Viacom talking merger again, all eyes are on Lionsgate which is considered ripe for acquisition. According to one source, there are already some potential suitors — Amazon, Verizon and a CBS-Viacom combination which have...Show More Summary
Industry executives Jeff Sagansky and Harry Sloan have teamed to launch their fourth investment fund Platinum Eagle with a $325 million initial public offering. Sagansky (Sony, CBS, Scripps Networks board member) and Sloan (MGM, SBSShow More Summary
GM’s acquisition of Cruise seems to be paying big dividends.
CFRA media and entertainment analyst Tuna Amobi spoke to Business Insider's Sara Silverstein about what 2018 holds for Amazon. According to Amobi, "Amazon will make an unconventional acquisition in this 2018." Following is a transcript...Show More Summary
A few months ago Slack launched a beta feature called Shared Channels, which let two organizations share a common channel. So for example a startup could have a channel that it shared with its PR firm or lawyers. But sometimes discussions...Show More Summary
Amplify's David Brooks explores the idea of selling out in 2018, what it means for independent promoters, and whether or not they can maintain their credibility after being acquired by Live Nation. _________________________ Guest post by Dave Brooks of Amplify One of my favorite movies growing up was SLC Punk,...
Grindr's acquisition by a Chinese tech group has American intelligence experts concerned.