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Weinstein Co. preps bid to buy back pix
"Inglourious Basterds" may be headed back to the Weinstein Co.
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Goldman Sachs shops stake in ‘CSI’ franchise
Goldman Sachs has put its 50% stake in the lucrative "CSI" franchise on the block, and the investment bank is seeking at least $500 million, industry sources say.
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Sports powerhouse IMG preps for sale next year
Private equity firm Forstmann Little & Co. is preparing to put its powerhouse sports agency IMG Worldwide up for sale next year. Observers say the sports event management and marketing giant could...
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Content Partners Snares Half of ‘CSI’ Franchise
Marking its largest deal to date, entertainment finance firm Content Partners has acquired Goldman Sachs’ 50% stake in CBS’ blockbuster franchise “CSI.” CBS owns the other half of the three skeins —...
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Aereo to Launch in Four More Cities
Aereo, the digital subscription service facing a legal challenge from broadcasters, on Tuesday announced that it was expanding into Columbus, Cincinnati, Indianapolis and San Antonio. Broadcasters are...
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DirecTV CEO: We’ll Have to Raise TV Prices Again in 2014
Get ready to spend more for DirecTV service: The biggest satcaster in the U.S. will be forced to hike prices again next year as programming costs continue to climb, according to president and CEO...
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Why Hulu Doesn’t Have an Ad-Free Service Like Netflix — Yet
Hulu at some point expects to introduce a subscription video plan without any advertising — and compete more aggressively with Netflix. But today, the Internet TV service doesn’t want to leave money on...
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Universal Studios Japan Receives $250m Private Equity Injection
Universal Studios Japan, a theme park operator in Osaka, has received a $250 million financial injection from Hong Kong private equity firm PAG.
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Maker Studios ‘Mostly a Distribution Play’ for Disney
The role Maker Studios will play inside the Walt Disney Co. is getting a little clearer months after the network of online channels was acquired for $500 million. Disney describes Maker as “mostly a...
View ArticleGoldman Sachs Sells Off $75 Million in Spotify Shares (Report)
A Goldman Sachs hedge fund has sold more than $75 million in Spotify shares, while another part of the company has been helping the streaming service to prepare for its public listing, according to a...
View ArticleUniversal Music Group Valued at $23.5 Billion, Huge Industry Growth Predicted...
Streaming has turned the music business into a booming industry that will lift many boats, according to a wildly optimistic new report from Goldman Sachs. The company predicts that worldwide revenues...
View ArticleHollywood Cashes in as Mobile Providers Ante Up to Hook Customers With Free...
Consumers who line up for the new iPhone this week will once again get seemingly irresistible offers from the big carriers. But this time around, telcos have something more to offer than just lucrative...
View ArticleGary Cohn, Trump’s Top Economic Adviser, to Resign
WASHINGTON — Gary Cohn, President Donald Trump’s chief economic adviser, plans to resign in the coming weeks. The New York Times first reported on Tuesday of his plans to depart. Cohn would be the...
View ArticleGoldman Sachs-Backed Cloner Uses War Chest, Ad Buys to Overshadow Original Games
UPDATE: “Game cloning” (copying the core mechanics and gameplay loop of a released or in-development title) continues to be a rampant problem, especially on mobile storefronts. The latest victim is...
View ArticleClouting Our Judgment: Are Labels Overspending for SoundCloud Hype? (Guest...
A recent Goldman Sachs report projected that recorded music would balloon to an $80 billion business in the next 10 years. But walk through the halls of a major label’s urban department these days and...
View ArticleGoldman Sachs Donates $150,000 to Team Rubicon Through Quarantunes Fundraiser
Investment banking giant Goldman Sachs has donated $100,000 to the Team Rubicon emergency response organization through the latest installment of the “Quarantunes” fundraising effort spearheaded by WME...
View ArticleMusic Revenue to Drop 25% in 2020, but Long-Term Outlook Is Good: Goldman-Sachs
Investment giant Goldman-Sachs has been one of the great cheerleaders for the revival of the music industry, and its projections played no small role in some of the industry’s recent successes — not...
View ArticleGoldman Sachs Veteran Andy Gordon Joins RedBird Capital as Partner
The increasingly Hollywood-friendly RedBird Capital Partners is making a big splash on the West Coast. The private investment firm is opening a Los Angeles shop with a big new hire as anchor, the...
View ArticleUniversal Music Group Valued at $53 Billion in New Goldman Sachs Report
Goldman Sachs’ annual “Music in the Air” study is widely recognized in the music industry as an optimistic but authoritative survey of the business — and yet again, it will make Universal Music Group...
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