Todd Spangler, provided by Published 7:00 am PDT, Wednesday, July 10, 2019 Photo: Magi Haroun/Shutterstock Photo: Magi Haroun/Shutterstock Image 1 of / 1 Caption Close Image 1 of 1 Photo: Magi Haroun/Shutterstock David Beckham Launches Media Company Studio 99 (EXCLUSIVE) 1 / 1 Back to Gallery David Beckham, one of the world’s most famous soccer players, is now making a run at Hollywood. Beckham’s newly formed Studio 99 content studio will develop documentaries, TV shows and other formats, and also will undertake commercial work as a creative agency for brand partners. Studio 99 already has a slate of documentary projects in development — including some that will … [Read more...] about David Beckham Launches Media Company Studio 99 (EXCLUSIVE)
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Alex Kane, provided by Published 8:22 am PDT, Thursday, June 13, 2019 Photo: ReKTGlobal Photo: ReKTGlobal Image 1 of / 1 Caption Close Image 1 of 1 Photo: ReKTGlobal ReKTGlobal Acquires Media Company Greenlit Content 1 / 1 Back to Gallery Esports conglomerate ReKTGlobal, the parent company of the Rogue organization, has acquired Greenlit Content, a New Jersey-based hybrid media company. Greenlit Content owns the editorial sites TwinGalaxies.com, Shacknews.com, and GameDaily.biz, and has partnered with brands like Activision, Dell, and E3. “We are always looking to add companies to our portfolio that align with our long-term vision,” Amish Shah, co-founder of ReKTGlobal, … [Read more...] about ReKTGlobal Acquires Media Company Greenlit Content
Patrick Frater, provided by Published 6:00 am PDT, Friday, May 31, 2019 Photo: Courtesy Of China Lion Photo: Courtesy Of China Lion Image 1 of / 1 Caption Close Image 1 of 1 Photo: Courtesy Of China Lion Digital Media Rights Buys 9-Film Slate From China Lion 1 / 1 Back to Gallery North American streaming and aggregation firm Digital Media Rights has licensed a slate of nine Chinese-language movies from distributor China Lion. The films which have already enjoyed specialty theatrical releases in North America range from 2016 titles to 2018 hits. They include recent mainland Chinese hit “A Cool Fish,” to 2017 Taiwanese drama “A Gangster’s Daughter” and … [Read more...] about Digital Media Rights Buys 9-Film Slate From China Lion
provided by Published 8:00 am CST, Tuesday, January 15, 2019 Photo: Bill Bragg For Variety Photo: Bill Bragg For Variety Image 1 of / 1 Caption Close Image 1 of 1 Photo: Bill Bragg For Variety Can Hollywood’s Biggest Media Companies Avoid Getting Crushed by Debt? 1 / 1 Back to Gallery Randall Stephenson, AT&T’s chairman-CEO, summoned all of his folksy Oklahoma earnestness as he made an enthusiastic pitch to Wall Street analysts about the telephone company’s bold efforts to transform itself into a multimedia powerhouse. It was late November, less than six months after AT&T had wrapped up its $85 billion acquisition of Time Warner. But before Stephenson … [Read more...] about Can Hollywood’s Biggest Media Companies Avoid Getting Crushed by Debt?
Renae Merle and Thomas Heath, The Washington Post Published 9:41 am PST, Friday, December 14, 2018 As legacy news companies suffered tremors over the past decade, money from venture capitalists poured into upstarts that promised to leverage a keener understanding online reading habits to create a giant-killing class of new media ventures. Today, the money is starting to dry up. Big ambitions have been downsized. And the tremors that continue to shake many newspapers are now moving through new-media companies. Among those facing headwinds are BuzzFeed, Vox and Vice. Another one, Mic, last week abruptly laid off most of its staff -- and the company that a year ago was valued at $100 million garnered a fire-sale offer of $5 million for its remnants. The numbers tell the story: Investors closed 27 deals worth about $206 million in 2014, but are on track to close just 19 such deals worth $130 million this year, according to PitchBook, a private capital market data provider. … [Read more...] about New media hits stumbling block, scaring away some investors