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Forbes Going Public In SPAC Deal That Values Century-Old Brand At $630 Million
Forbes Global Media, the business information brand that started with a 104-year-old magazine, is going public by merging with a SPAC — or special purpose acquisition company — in a deal that values the company at $630 million.
The news hits amid a wave of digital media deals including a major one earlier today when…
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1 Comments Comment on Forbes Going Public In SPAC Deal That Values Century-Old Brand At $630 Million
Echo Lake Entertainment Signs Forbes Magazine
EXCLUSIVE: Amid a growing demand for IP in media, Echo Lake Entertainment has signed Forbes for representation in scripted content. Under the deal, the management and production company will represent Forbes on new scripted television, streaming and feature projects based on Forbes' controlled IP, as well as assist in…
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Kanye West Ditches Donald Trump, Reveals Bout With COVID-19 & Calls Coronavirus Vaccine “The Mark Of The Beast”
Kanye West disavowed his old pal Donald Trump, slams Joe Biden, reveals his bout with COVID-19 and, in keeping with his anti-vaxxer stance, calls a potential coronavirus vaccine “the mark of the beast” in a new interview with Forbes.
And, no, his recent announcement to run for President in 2020 was not a publicity…
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By Greg Evans
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Show Me The Money: CAA Is Sports Agency MVP; Relativity Sports Ranks Third
What in the wide, wide world of sports is a-goin’ on here? Well, Forbes has released its 2015 list of the planet’s most valuable sports agencies, and CAA leads the league again. The Century City-based juggernaut negotiated more than twice as many contracts as its closest rival — Scott Boras’ company is a distant…
U2’s Bono Bails Out Of Forbes In Sale To Hong Kong-Based Investor Group
The publication will continue to produce its famous scorecards of the rich and powerful, but without the backing of U2’s Bono. A new entity, called Integrated Whale Media Investments, just bought a majority stake in Forbes Media — including the preferred shares owned by Elevation Partners, the private equity firm the…
UPDATE: Forbes Reports Hacking Attack; Kickstarter Also Hit, User Data Exposed
UPDATED, 3:05 PM: Forbes wasn’t alone in the sights of hackers this past week. Crowdfunding platform Kickstarter today confirmed that a hacking attack occurred on their system on Wednesday exposing the data of Kickstarter users, although “No credit card data of any kind was accessed by hackers,” said Kickstarter. The…
Can Yahoo Become The Leading Destination For Politics Junkies In 2012?
That’s what the struggling Internet search and content company hopes to accomplish as it unveils today what it calls “the first stage of an ambitious yearlong program” to build on its partnership with ABC News and cover 2012 campaign issues — and especially the presidential horse race. The effort includes a…
What Do Tyler Perry, Jerry Bruckheimer, Steven Spielberg, Elton John And Simon Cowell Have In Common? $$$
Forbes has come out with its annual list of the highest-paid men in entertainment. Tyler Perry leads the pack this year with $130 million earned between May 2010 and May 2011, with five movies and two TV series to his credit over a two-year period. Here’s the Top 5: Perry, Jerry Bruckheimer ($113 million), Steven Spiel…
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