Tag
When it comes to major U.S. industries, three tends to be the magic number. Historically, auto manufacturing was long dominated by Chrysler, Ford, and General Motors—the so-called “Big…
Novartis is on a deal spree this year, including the US$12 billion acquisition of Avidity Biosciences Novartis will pay UK biotech Relation Therapeutics as much as US$1.7 billion to help…
The two firms will form an entity in which BHP will hold a 51% stake and GIP the remaining 49% stake BHP Group said on Tuesday (Dec 8) that BlackRock-owned Global Infrastructure Fund (GIP)…
IBM announced on Monday it is acquiring Confluent for $11 billion, sending shares of the data streaming platform up about 29% in morning trading. By midday trading, at the time of this…
Confluent provides technology needed to manage massive, real-time data streams for artificial intelligence models IBM said on Monday (Dec 8) it will buy data infrastructure company…
Netflix’s planned acquisition of Warner Bros. Discovery’s studio and streaming assets would build a $6.6 billion annual recurring revenue (ARR) across Asia Pacific and reshape global…
How would Matt Remick react to the industry-jolting news that Netflix is buying Warner Bros. and HBO Max? Seth Rogen and Evan Goldberg, executive producers of the Emmy-winning Apple TV…
US President Donald Trump raised potential antitrust concerns for Netflix’s planned acquisition of Warner Bros Discovery, noting that the market share of the combined entity may pose…
President Donald Trump on Sunday confirmed he recently met with Netflix co-CEO Ted Sarandos at the White House to discuss the Warner Bros. Discovery deal — and said the market share of a…
Ted Sarandos scored a critical sit-down with President Donald Trump in the weeks leading up to Netflix‘s successful $82.7 billion agreement to buy Warner Bros. and HBO Max, according to…
“Anora” director Sean Baker, who is at the Red Sea Film Festival as the head of the international jury, commented on the industry’s most burning current topic while speaking at the…
Singapore sovereign fund and the global alternative asset manager will pay A$2.86 per unit in cash Singapore’s GIC and Australia’s Brookfield Asset Management have agreed on a binding deal…
The Multiplex Association of India has raised alarm over Netflix’s proposed acquisition of Warner Bros. Discovery, warning that the deal could diminish theatrical content availability and…
Netflix’s US$72 billion acquisition of Warner Bros Discovery is a coup for stockholders, whose shares are being bought for more than triple what they were worth as recently as April.…
It’s official: Netflix and Warner Bros. Discovery announced an agreement Friday under which Netflix will acquire Warner Bros., including its film and television studios, HBO Max and HBO.…
The traditional TV business is in the midst of a major contraction as viewers shift to streaming Warner Bros Discovery has entered exclusive negotiations to sell its film and TV studios…
Netflix has entered exclusive talks with Warner Bros. Discovery to acquire the company’s film and television studio, as well as the HBO Max streaming service, Variety confirms. The…
Singapore-based DayOne Data Centers is in advanced talks to raise more than US$2 billion in an upsized Series C funding round to help support its expansion in international markets,…
Jon M. Chu is taking his talents to Paramount Skydance. The “Wicked” director has inked a multi-year first-look film and TV deal with the David Ellison-led studio. Though Chu most recently…
This is in response to a case filed by a couple over the purchase of a unit at The Gazania Anthony Law Corp, which has been sued by a husband and wife over the so-called two-step 99-1…
This is in response to a case filed by a couple over the purchase of a unit at The Gazania Anthony Law Corp, which has been sued by a married couple over the so-called two-step 99-1…
The Prada Group closed the purchase of Milan fashion rival Versace in a $1.375 billion cash deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada’s…
MILAN – The Prada Group now officially controls the Versace brand, as the closing of the acquisition was reported on Tuesday. The date, Dec. 2, coincides with the birthday of the late…
PacSun is bringing its California aesthetic to the Middle East. The Anaheim, Calif.-based retailer, which operates around 350 stores across the U.S., has signed a deal with Majid Al…
