#AT&T to spin off WarnerMedia in B Discovery deal

#AT&T to spin off WarnerMedia in $43B Discovery deal

“#AT&T to spin off WarnerMedia in $43B Discovery deal” AT&T said Tuesday that it will spin off WarnerMedia, home to HBO and CNN, in a $43 billion deal to merge the property with Discovery, which owns Food Network, TLC and Animal Planet. The telecom giant also cut its dividend by nearly half, sending shares down…

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#Sony buying video game developer Bungie in .6B deal

#Sony buying video game developer Bungie in $3.6B deal

“#Sony buying video game developer Bungie in $3.6B deal” Sony is buying prominent video game developer Bungie for $3.6 billion – a blockbuster deal that underscores the intense competition between the PlayStation maker and its chief rival, Microsoft. Bungie is best known as the original creator of Xbox’s “Halo” franchise and the popular “Destiny” series….

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#Activision-Blizzard CEO to get 0 million payout

#Activision-Blizzard CEO to get $390 million payout

“#Activision-Blizzard CEO to get $390 million payout” Activision-Blizzard CEO Bobby Kotick will walk away with a $390 million check as a result of Microsoft’s acquisition of his gaming company — just two months after employees demanded his firing over the firm’s alleged culture of sexual misconduct. Kotick, 58, who is expected to leave Activision-Blizzard after…

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#Merger of talent agencies CAA and ICM draws DOJ scrutiny

#Merger of talent agencies CAA and ICM draws DOJ scrutiny

“#Merger of talent agencies CAA and ICM draws DOJ scrutiny” The Department of Justice is probing a major Hollywood deal that’s poised to disrupt the talent agency ecosystem and entertainment industry, according to a report. The DOJ is scrutinizing CAA’s acquisition of ICM, two major Hollywood talent agencies that represent some of Tinseltown’s biggest stars,…

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#ViacomCBS and WarnerMedia reportedly exploring sale of the CW

#ViacomCBS and WarnerMedia reportedly exploring sale of the CW

“#ViacomCBS and WarnerMedia reportedly exploring sale of the CW” WarnerMedia and ViacomCBS are exploring the possible sale of a significant stake or all of the CW Network, which they jointly own, according to a report late Wednesday. Irving, Texas-based Nexstar Media Group, which is the nation’s largest owner of TV stations and owner of affiliate…

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#Crocs to buy footwear brand Heydude for B

#Crocs to buy footwear brand Heydude for $5B

“#Crocs to buy footwear brand Heydude for $5B” Crocs said on Thursday it would buy privately owned footwear label Heydude for $2.5 billion, as the rubber clogs maker looks to cash in on the pandemic-led surge in demand for casual shoes. Consumers stuck at home during the lockdowns last year ditched dress shoes for more comfortable…

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#Triller parent buys Tiki Barber’s live events firm Thuzio

#Triller parent buys Tiki Barber’s live events firm Thuzio

“#Triller parent buys Tiki Barber’s live events firm Thuzio” The parent company of TikTok rival Triller has bought Thuzio, a live events company co-founded by former New York Giant Tiki Barber, The Post has learned. Terms of the deal weren’t disclosed, but TrillerNet executives said it will expand their company’s reach, which includes Fight Club,…

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