Paramount announced a deal Monday to sell Simon & Schuster, home to Stephen King, Colleen Hoover and many bestselling nonfiction authors, to the private investment giant KKR for $1.62 billion. The companies announced the all-cash agreement on Monday. “We are pleased to have reached an agreement on a transaction that delivers excellent value to ParamountContinue reading “Paramount To Sell Publisher Simon & Schuster To KKR For $1.62 Billion”
Tag Archives: Finance
Smart Ways To Save Extra Money
Saving money is never as easy as it sounds. In order to save money, sacrifices have to be made, and often times people are unwilling or unable to make those changes. However, they have to be made if you stand any chance of saving up extra money, regardless of what you intend on spending itContinue reading “Smart Ways To Save Extra Money”
Watch The Trailer For Eat The Rich: The GameStop Saga
Executive produced by Emmy and Academy Award-winning filmmakers Dan Cogan and Liz Garbus, this lively, comedic documentary series captures the wild ride of a group of misfits who banded together online to rescue GameStop, a company they loved when they were kids. Coalescing on Reddit, TikTok and Discord, they capitalized on a new age ofContinue reading “Watch The Trailer For Eat The Rich: The GameStop Saga”
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”