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Sony Streaming Outlet Pure Flix, Known For ‘God’s Not Dead’ Franchise, To Merge With Great American Media; Hallmark Channel Alum Bill Abbott To Run Combined Entity
Two family-focused media companies are joining forces, with Sony-owned subscription streaming outlet Pure Flix set to merge with cable and FAST programmer Great American Media.
Great American Media operates cable networks Great American Family and Great American Living as well as FAST channel Great…
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By Dade Hayes
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0 Comments Comment on Sony Streaming Outlet Pure Flix, Known For ‘God’s Not Dead’ Franchise, To Merge With Great American Media; Hallmark Channel Alum Bill Abbott To Run Combined Entity
Endeavor Closing In On Deal For Majority Stake In WWE, Will Combine It With UFC To Form Combat Sports Giant – The Dish
The WWE, which has been exploring a potential sale over the past few months, is in the process of being acquired by UFC parent Endeavor Group Holdings.
Word circulated Sunday that a deal for a majority stake was imminent, and Deadline sources confirmed as much. But the publicly traded deal partners…
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By Dade Hayes
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Merger Morass: NAB Rips FCC For Trying To Send $8.6B Tegna-Standard General Deal To “Regulatory Purgatory”
The National Association of Broadcasters is trying to stimulate forward momentum in the stalled review of private equity firm Standard General’s takeover of major TV station group Tegna.
The $8.6 billion deal requires only the approval of the Federal Communications Commission in order to close. It…
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By Dade Hayes
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Redbox Parent Chicken Soup For The Soul Tightens Belt As Movie Revenue Starts To Return; Exec Bonuses Deferred, Some Distribution Deals Renegotiated, But No Layoffs Planned
EXCLUSIVE: As crucial movie rental revenue finally starts to return, Redbox and Crackle parent Chicken Soup for the Soul Entertainment is taking steps to tighten its corporate belt.
Chatter in media and entertainment circles has been growing louder as Chicken Soup’s stock has skidded to an all-time…
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By Dade Hayes
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WME Acquires Full Ownership Of BDA Sports Management, A Longtime Force In NBA Player Representation
WME has acquired full ownership of BDA Sports Management, which has built up a formidable client list of NBA players during its 25 years in business.
BDA founder Bill Duffy will join WME Sports as head of its basketball division and BDA agents, staff and clients will be under the WME umbrella after…
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By Dade Hayes
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Fox Corp. Ad Revenue Climbs 4% In A Tough Quarter, Boosted By NFL And World Cup
Fox Corp. matched Wall Street expectations for its fiscal second quarter, powered by NFL football in the U.S. and football at the World Cup.
The company reported total revenue in the quarter ending December 31 of $4.61 billion, up 4% from the year-earlier period, and earnings of 48 cents a…
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By Dade Hayes
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The CW’s New Owner, Nexstar Media, Updates Investors On “Offensive And Defensive” Reasons For Its Acquisition Of The Broadcast Network
Nexstar Media Group, which last year acquired 75% of The CW, updated investors on the “offensive and defensive” rationale for the acquisition.
Company executives convened a 30-minute conference call this morning, taking investors through a 20-slide deck but taking no questions at the end of the…
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By Dade Hayes
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‘America’s Funniest Home Videos’ Creator Vin Di Bona Sells Majority Stake In His Production Companies To Investor Group Led By Clarion Capital
America’s Funniest Home Videos creator Vin Di Bona has sold a majority stake in his eponymous production company and FishBowl Worldwide Media to an investor group led by Clarion Capital Partners.
Di Bona is remaining CEO of both companies, which will be key components of Clarion-backed entity V10…
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By Dade Hayes
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Samba TV Offloads Media Sales Assets To UK-Based Programmatic Firm MiQ, Tightens Focus On Data And Measurement Business
Data and measurement firm Samba TV is offloading its media sales business to UK firm MiQ in order to clarify its strategic focus at a time when Nielsen’s struggles have opened the door to new competitors.
The companies have reached a multi-year commercial partnership, which will see them continue to…
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By Dade Hayes
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Investment Bank Moelis & Co. Names Marcus Lollie A Managing Director In Its Media Group
Investment bank Moelis & Company has appointed Marcus Lollie as a managing director in its media group. He will be based in Los Angeles.
Lollie joins the company from the Canon Media Group, an investment firm where he developed and oversaw the media, entertainment and tech practice as a co-founder…
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By Dade Hayes
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UTA Acquires Lit Agency Fletcher & Company; CEO Christy Fletcher To Co-Run Publishing Unit Under President David Kramer
UTA has acquired Fletcher & Company, a 20-year-old literary agency with a roster of notable fiction and non-fiction authors.
As part of the deal, the full team at Fletcher & Company will join UTA in its New York office as the independent company is absorbed by its new parent. Founder and CEO Christy…
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By Dade Hayes
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AMC Entertainment Talked With Regal Parent Cineworld About Acquiring Theaters In U.S. And Europe, But “Negotiations Are Not Continuing”
AMC Entertainment said it held talks with lenders about potentially acquiring theaters from the portfolio of bankrupt rival Cineworld, which owns Regal Cinemas.
In an SEC filing, the exhibitor said the negotiations were related to the Chapter 11 bankruptcy process unfolding with UK-based Cineworld…
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By Dade Hayes
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