Funko Acquires High-End Collectible Company Mondo

Funko, Inc., a leading pop culture lifestyle brand, today announced it has acquired Mondo, a high-end pop culture company that creates vinyl records, posters, soundtracks, toys, apparel, books, games and other collectibles. Mondo was founded in 2001 by Rob Jones and Tim League and was a subsidiary of Alamo Drafthouse Cinema prior to the acquisitionContinue reading “Funko Acquires High-End Collectible Company Mondo”

How Collectibles Brand Funko Became A $1 Billion Pop Culture Powerhouse

Back in January, 2017 Funko, then a largely under-the-radar collectibles company, predicted that it would hit $1 billion in revenue within five years. Funko Headquarters in Everett, WA Since then, the Everett, WA based company has gone public, recovered from what was described as the “worst first-day return for an IPO in 17 years”, scoredContinue reading “How Collectibles Brand Funko Became A $1 Billion Pop Culture Powerhouse”

Warner Chappell Acquires David Bowie Music Publishing Catalog For $250 Million

Warner Chappell Music and the estate of David Bowie today announced that WCM has acquired the global music publishing rights to Bowie’s revolutionary song catalog for $250 Million. The landmark deal includes Bowie’s entire body of work, encompassing hundreds of songs spanning the iconic artist and songwriter’s six-decade career, including trailblazers such as “Space Oddity,”Continue reading “Warner Chappell Acquires David Bowie Music Publishing Catalog For $250 Million”

They Call Him The Boss For A Reason! Bruce Springsteen Sells His Music Catalog To Sony For $500 Million

Bruce Springsteen has sold his master recordings and music publishing rights to Sony for $500 million, according to Billboard. The catalog includes more than 300 songs and 20 studio albums, including “Born to Run,” “Born in the U.S.A.” and “The Rising.” Springsteen has sold more than 65.5 million albums in the United States, according toContinue reading “They Call Him The Boss For A Reason! Bruce Springsteen Sells His Music Catalog To Sony For $500 Million”

Amazon To Acquire MGM For $8.45 Billion

Amazon today announced it has reached an agreement with MGM to acquire the entertainment company for $8.45 billion, following a report last year that claimed MGM had reached out to Apple to gauge interest in a potential acquisition. The acquisition of MGM will likely bolster Amazon Prime Video’s catalog of movies and TV shows amidContinue reading “Amazon To Acquire MGM For $8.45 Billion”

ViacomCBS To Sell Simon & Schuster To Penguin Random House for $2.175 Billion

ViacomCBS Inc. today announced it has entered into a definitive agreement to sell the publishing business Simon & Schuster to Penguin Random House, a wholly owned subsidiary of Bertelsmann SE & Co. KGaA, for $2.175 billion in cash. This divesture follows a strategic review of non-core assets ViacomCBS undertook early in 2020. Proceeds from theContinue reading “ViacomCBS To Sell Simon & Schuster To Penguin Random House for $2.175 Billion”

Apple Card Launches Today For All US Customers

Apple Card, a new kind of credit card created by Apple and designed to help customers lead a healthier financial life, is available1 in the US starting today. Customers can apply for Apple Card through the Wallet app on iPhone in minutes and start using it right away2 with Apple Pay in stores, in appsContinue reading “Apple Card Launches Today For All US Customers”

Barnes & Noble To Be Acquired By Elliott, Owner of Waterstones, Bringing Together The Leading Booksellers In The US & The UK

Barnes & Noble, Inc. announced today that it has entered into a definitive agreement to be acquired by funds advised by Elliott Advisors (UK) Limited (“Elliott”) for $6.50 per share in an all-cash transaction valued at approximately $683 million, including the assumption of debt. Elliott’s acquisition of Barnes & Noble, the largest retail bookseller inContinue reading “Barnes & Noble To Be Acquired By Elliott, Owner of Waterstones, Bringing Together The Leading Booksellers In The US & The UK”

Marvel Studios’ Avengers: Endgame Shatters Box Office Records With Historic $1.2 Billion Global Debut

Marvel Studios’ “Avengers: Endgame” made history this weekend with a record-shattering estimated global debut of $1,209.0 million, becoming the first film in history to surpass $1 billion in its opening weekend. It reached the billion-dollar threshold in just five days, more than twice as fast as its predecessor “Avengers: Infinity War,” which held the recordContinue reading “Marvel Studios’ Avengers: Endgame Shatters Box Office Records With Historic $1.2 Billion Global Debut”

Introducing Apple Card, A New Kind of Credit Card Created By Apple

Apple today announced Apple Card, an innovative, new kind of credit card created by Apple and designed to help customers lead a healthier financial life. Apple Card is built into the Apple Wallet app on iPhone, offering customers a familiar experience with Apple Pay and the ability to manage their card right on iPhone. AppleContinue reading “Introducing Apple Card, A New Kind of Credit Card Created By Apple”

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