G-III Apparel Group will buy Donna Karan Intl. from LVMH Moët Hennessy Louis Vuitton for $650 million. G-III will gain the Donna Karan and DKNY brands, which have had a “disappointing performance,” over the last 7 months according to LVMH.
Hasbro acquires Irish animation studio Boulder Media, which currently produces animated series for Disney XD, BBC, Cartoon Network, Nickelodeon and more.
California-based Grom Holdings, whose teen social media network Grom Social counts three million registered members, acquires Top Draw Animation. TDA will allow Grom Social to produce animated content in-house.
Penguin Random House‘s film development unit, Random House Studio, is sold to FremantleMedia North America. FMNA plans to oversee all television adaptations developed from Random House Studio properties. China-based Meridian Entertainment, through a partnership with FMNA, will oversee film properties.
Wanda Cinema Line, a division of Dalian Wanda Group, China’s largest theater chain owner and mall development company, will purchase Mtime.com, a Chinese online media outlet and ecommerce platform, for $350 million.
The LANG Companies has been acquired by IG Design Group and be a part of IG Design Group Americas.
Jazwares acquires the musical products business of First Act; the toy and consumer electronics company plans to accelerate new product development, expand existing licensor and retail relationships and leverage its global operations to increase First Act’s international presence.
Global apparel manufacturer Delta Galil Industries acquires three brands from VF Corp.: 7 For All Mankind, Splendid and Ella Moss. The deal is expected to add over $300 million to Delta Galil’s annual sales.
Dick’s Sporting Goods purchases the Sports Authority brand name and other intellectual property with a $15 million bid. The deal includes SportsAuthority.com and 31 Sports Authority store leases (at an additional $8 million).
Brunico acquires Toronto-based Achilles, including operating rights to the Banff World Media Festival.