Comcast Stock Jumps After Activist Investor Nelson Peltz’ Trian Partners Takes Stake

Shares of Comcast jumped Tuesday after activist investor Nelson Peltz’ firm Trian Partners said it’s acquired a stake in the media giant and considers it undervalued. The stock was up nearly 3% in a flat-to-down market late morning. Trian has … Read more…

Beta Nordic Studios Acquires Stake In Icelandic Banner Sagafilm (EXCLUSIVE)

Beta Nordic Studios, a subsidiary of Jan Mojto’s Munich-based sales powerhouse Beta Film, has acquired a 25% stake in Sagafilm, the thriving Icelandic production banner behind the Cineflix-repped series “The Minister.” Sagafilm will now be part of Beta Nordic Studios, … Read more…

Planeta Junior Acquires Stake in ‘Miraculous’ Producer ZAG Entertainment (EXCLUSIVE)

Spain-based leading European kids producer Planeta Junior has acquired a stake in ZAG Entertainment, the banner behind the popular “Miraculous” franchise. The deal, which marks a new step in the long-lasting relationship between both companies, is estimated at €300 million … Read more…

Simon Cowell To Take Full Control Of ‘Got Talent’ Producer Syco Entertainment, Buys Out Sony Music’s Stake

Simon Cowell is to take full control of Got Talent and The X Factor producer Syco Entertainment after agreeing to buy out Sony Music Entertainment’s stake in the joint venture. Cowell is personally buying out the stake and the move … Read more…

Sony Pictures Television Takes Majority Stake in ‘Sex Education’ Producer Eleven

Sony Pictures Television has acquired London-based “Sex Education” producer Eleven. As previously reported, Sony is believed to have beaten off a number of potential buyers, and has taken a majority stake in the outfit. The investment in Eleven marks one … Read more…

India's Reliance Jio Platforms sells $1.5 billion stake to Saudi Arabia's Public Investment Fund

Billionaire Mukesh Ambani has found yet another high-profile firm to write a massive check to his telecom venture Reliance Jio Platforms at the height of a global pandemic. Saudi Arabia’s Public Investment Fund, one of the largest and most impactful sovereign … Read more…

Endeavor Content Buys Minority Stake In ‘The Night Manager’ & ‘Fighting With My Family’ Producer The Ink Factory

Endeavor Content has struck a partnership deal with The Night Manager and Fighting With My Family producer The Ink Factory that includes the content financing arm of Endeavor taking a minority stake in the business. The deal also includes a … Read more…

Trump ‘apoplectic’ with UK over Huawei 5G decision as US suggests taking stake in Nokia, Ericsson

U.S. Attorney General William Barr said a controlling stake in Nokia and Ericsson would “blunt” Huawei’s “drive to domination.” International: Top News And Analysis SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up … Read more…

Trump ‘apoplectic’ with UK over Huawei 5G decision as US suggests taking stake in Nokia, Ericsson

U.S. Attorney General William Barr said a controlling stake in Nokia and Ericsson would “blunt” Huawei’s “drive to domination.” International: Top News And Analysis SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up … Read more…

Casino Firm Penn National Gaming Buys Stake In Barstool Sports In Deal That Values Online Publisher At $450M

Casino company Penn National Gaming has acquired a stake in Barstool Sports – a deal that values the online sports publisher at $ 450M. Penn National Gaming is to acquire a 36% stake in Barstool, which started as a Boston … Read more…

Kylie Jenner Sells Majority Stake Of Kylie Cosmetics To Coty For $600 Million | PeopleTV

PeopleTV SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s biggest goal yet of donating over … Read more…

Walgreens takes minority stake in makeup company Birchbox. Hopes to lure customers to beauty aisles

Walgreens will experiment with adapting Birchbox's concept to some of its stores, stocking shelves with more "prestige" makeup brands, dedicating more floor space to Birchbox and allowing customers to "build your own Birchbox" at Walgreens. Health and Science U.S.HEALTHCARE UPDATE: … Read more…