Latest in Mergers and Acquisitions

Disney has sold FoxNext Games LA, maker of the video game Marvel Strike Force, and Cold Iron Studios in San Jose to mobile game specialist Scopely, the companies announced Wednesday. The deal stems from Disney’s $71.3 billion acquisition last year of most of 21st Century Fox, including FoxNext Games. The transaction…

Disney CEO Bob Iger collected $47.5 million in total compensation in 2019, down nearly 28% from the $65.6 million he made in 2018, the company disclosed late Friday in an SEC filing. According to a proxy statement, Disney paid Iger $3 million in base salary, nearly $30 million in stock  and option awards and another…

About a month and a half after the close of the Viacom-CBS merger, the combined company has finalized the roster of advertising sales executives reporting up to Jo Ann Ross. Last October, Ross was confirmed as the head of sales for the combined company, following a 27-year stretch at CBS, the latter half of which…

Barry Diller’s InterActive Corp. is selling CHMedia, parent of CollegeHumor and a portfolio of related brands, to CH chief creative officer Sam Reich. The transaction will result in more than 100 layoffs. All but a handful of employees at the once-pioneering satire and online video purveyor were told Wednesday they…

Two Cities Television, the production company behind Sky and CBS Showtime drama Patrick Melrose, has sold a 25% stake to STV Productions, the UK production arm of Scottish broadcaster STV. The deal means that BBC Studios is exiting Two Cities, with STV Productions — which recently made BBC One’s Glenda Jackson drama El…

Kelly Day is exiting her post as head of Viacom Digital Studios, with Stefanie Schwartz taking over as EVP and GM of the studio group. Day is in talks to remain at ViacomCBS in a new role, a source familiar with the situation told Deadline, though nothing has been finalized. She is a seasoned digital executive who has…

Five months before launching highly anticipated streaming service Peacock, Comcast has reportedly been conducting exclusive negotiations to acquire Xumo, a notable startup player in ad-supported streaming. The Wall Street Journal reported the talks Thursday evening, but it cautioned the discussions could still fall…

Sports betting giant DraftKings will go public as part of a $3.3 billion, three-way merger with SBTech and Diamond Eagle Acquisition Corp., a firm founded by Hollywood veterans Harry Sloan and Jeff Sagansky. With legal restrictions around sports wagering beginning to ease across the country, DraftKings has been a…

TiVo, known as the pioneer of delayed viewing of television, has merged with entertainment tech firm Xperi in a $3 billion, all-stock deal. The combined company will be “one of the industry’s largest intellectual property licensing platforms,” reaching hundreds of businesses and tens of millions of consumers…

German broadcaster ProSiebenSat.1 has postponed its sale of production group Red Arrow Studios amid interest from AMC and All3Media. ProSiebenSat.1 put Red Arrow Studios up for sale in September as part of a process overseen by investment bank Morgan Stanley. Sources told Deadline in November that the company would…

Discovery is expanding its golf portfolio with the acquisition of Latin American Golf, which operates Golf Channel Latin America. The 24-hour pay-TV channel has 10 million subscribers in 17 countries, along with digital platforms. Discovery acquired the property from Simple Networks and Fornaluz Productions, an…

Banijay Rights, the distribution arm of French production company Banijay Group, has acquired Funwood Media, the producer of Spanish crime thriller La Sala (The Room). Banijay has taken a majority stake in the Spain and Italy-based company for an undisclosed fee, marking another acquisition after it agreed to buy Endem…