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ViacomCBS Closes Purchase Of Stake In Miramax, With Distribution And First Look Deals
ViacomCBS said Friday it’s closed on the acquisition of a 49% stake in Miramax from owner beIN Media Group, whih will retain 51% in the company. The current Miramax leadership team will continue in their existing roles.
ViacomCBS said that $150 million of the $375 million pricetag was paid at closing and it’s…
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1 Comments Comment on ViacomCBS Closes Purchase Of Stake In Miramax, With Distribution And First Look Deals
ViacomCBS Taking 49% Stake In Miramax For $375M
3rd Update, Friday AM: It’s official now. ViacomCBS will take a 49% stake in beIN Media’s Miramax library for a total of $375M. This includes an upfront cash payment of roughly $150M per beIN along with a commitment of $45M annually over the next five years or $225M which will be used for new film/TV development. The…
BeIN Looking To Sell Share Of Miramax
BeIN Media Group is looking to sell part of Miramax, Deadline has confirmed.
We hear this is a strategic move, and one that was initiated because BeIN was approached by interested parties.
The studio is being valued at $650M, and BeIN is trying to sell as much as 50%, one in which they would retain…
BeIN Media Scores Multi-Year Content Deal With CBS International
BeIN Media, the pay-TV platform that operates in the Middle East and North Africa, has signed a multi-year content deal with CBS Studios International for CBS and The CW programming.
It will see such programs CBS' action-drama MacGyver, The Good Fight, Bull, Salvation and The Late Late Show with James Corden air on…
AMC Networks Launching Five MENA Channels With Qatar’s beIN Pay TV Platform
AMC Networks International is launching five channels with Qatar’s ambitious pay TV platform beIN across the Middle East and North Africa. AMC will become exclusively available to beIN subscribers in the region in HD. Four other, newly localized premium channels will also launch on the platform including CBS Reality…
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By Ali Jaafar
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beIN Media: What You Need To Know About Miramax’s New Owner
EXCLUSIVE: Miramax’s new owner beIN Media may have raised some eyebrows when it closed its deal to acquire 100% of the once-iconic indie label. For the Qatar-owned group, however, this is only the latest piece in an expanding business empire led by its fiercely ambitious chairman Nasser Al-Khelaifi.
The reasons behind…
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By Ali Jaafar
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- Exclusive
- Business
BeIN Media Inks Mega Pay TV Deal With Italia Films
In the latest sign of its ambitions to become the leading pay TV player in the Middle East, Qatar’s beIN Media has inked an expansive five year, 600-title output deal with Lebanon’s Italia Films. The deal follows on from last month’s five-year pact with the Dubai-based Front Row Media. Italia has development deals in…
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By Ali Jaafar
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Front Row Entertainment Inks Game-Changing Output Deal With BeIn Media
In a sign of the changing landscape of pan-Arab TV, leading indie distributor Front Row Entertainment has inked a five-year first-run output deal for the Middle East and North Africa with Qatar’s beIN Media. Titles to come through the deal include Oliver Stone's Snowden, Mel Gibson’s thriller Blood Father, Cannes…
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By Ali Jaafar
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Qatar’s beIN Media Group Set To Expand Into General Entertainment TV; Could Be Game Changer For Arab TV Industry
EXCLUSIVE: Qatar’s beIN Media Group, already a major player in global sports rights through its beIN Sports brand, is set to expand into general entertainment programming. The new pay TV service will initially roll out across the Arab world in the coming months and could be a potential game changer for a region that…
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By Ali Jaafar
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- International
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