By Allison Watkinson TLL Reporter Krispy Kreme has announced the sale of a majority ownership stake of Insomnia Cookies to Verlinvest and Mistral Equity Partners. Founded by Seth Berkowitz in 2003, Insomnia Cookies is a late-night bakery brand that offers a range of cookies, ice cream and other sweet treats for in-store purchase, local delivery and nationwide shipping. … [Read more...] about Krispy Kreme Sells Majority Ownership Stake of Insomnia Cookies
Mergers & Acquisitions
$8 Billion Skydance Merger To Create ‘New Paramount’
By Gary Symons TLL Editor in Chief A seismic shift in the American entertainment scene happened today as Paramount Global has accepted a merger offer from Skydance Media. The two companies have entered into a definitive agreement to form a new company called 'New Paramount', which the parties say will be a "next-generation media and technology leader." The deal is … [Read more...] about $8 Billion Skydance Merger To Create ‘New Paramount’
The Knot Worldwide Welcomes Simply Eloped Into Its Portfolio of Brands
By TLL Staff The Knot Worldwide has announced the acquisition of Simply Eloped, an online platform specializing in elopements and micro-weddings in the United States. Per the terms of the agreement, Simply Eloped has joined The Knot Worldwide's portfolio of brands, alongside many of its employees and its founder. Simply Eloped will continue to function as an independent brand … [Read more...] about The Knot Worldwide Welcomes Simply Eloped Into Its Portfolio of Brands
HanesBrands Signs Agreement to Sell Champion Business to ABG
By Allison Watkinson TLL Reporter Authentic Brands Group (ABG) has entered into a definitive agreement with HanesBrands to acquire the IP and operating assets for Champion athletic apparel. Initially created in 1919, the Champion brand focuses on creating and distributing high-quality athletic and lifestyle apparel. The brand currently operates in more than 90 countries across … [Read more...] about HanesBrands Signs Agreement to Sell Champion Business to ABG
RWS Global Acquires Great Big Events, Launches New Sports Division
By Gary Symons TLL Editor in Chief Big news in the world of experiential licensing today, as live entertainment giant RWS Global has acquired Great Big Events. The deal combines RWS, arguably the world leader in live entertainment productions, with Great Big Events, which is among the world's top sports event production companies. RWS Global creates customized … [Read more...] about RWS Global Acquires Great Big Events, Launches New Sports Division
Mediawan and ZAG Partner on New ‘Miraculous Corp’
By Gary Symons TLL Editor in Chief Mediawan and Zag have created a new, offshoot company to manage and expand their highly successful Miraculous franchise. Called Miraculous Corp, the company is a joint venture between ZAG and Mediawan, designed to fuel an expansion of the brand's superhero universe. "This groundbreaking joint-venture between Mediawan and ZAG reunites all … [Read more...] about Mediawan and ZAG Partner on New ‘Miraculous Corp’
Paramount Global Announces Leadership Shakeup
Bob Bakish Stepping Down, Trio of Execs to Share CEO Role Photo: George Cheeks, Chris McCarthy and Brian Robbins will collectively replace Bakish in a new "Office of the CEO." Photo credit: Paramount Global. By Gary Symons TLL Editor in Chief Paramount Global is making major changes, as long-time CEO Bob Bakish is stepping down, to be replaced by a three-person Office … [Read more...] about Paramount Global Announces Leadership Shakeup
Spin Master Completes $950 Million Purchase of Melissa and Doug
By Gary Symons TLL Editor in Chief Spin Master isn't going back to the future, but instead opted to go forward into the past, in its acquisition of US toy maker Melissa & Doug. The celebrated toyco is known for its focus on classic toys, such as crafts, pretend play, and the wooden toys that Melissa & Doug are famed for. In a world where the metaverse, video … [Read more...] about Spin Master Completes $950 Million Purchase of Melissa and Doug
The Story Behind Hasbro’s Holiday Sale of Entertainment One
By Gary Symons TLL Editor in Chief While the rest of us were chowing down on leftover turkey and napping on the in-law's couch in a tryptophan-induced coma, Hasbro and Lionsgate were busy inking a deal for the sale of Entertainment One. Hasbro announced on December 27 it had completed the sale to Lionsgate for $375 million in cash, with Liongate also assuming all current … [Read more...] about The Story Behind Hasbro’s Holiday Sale of Entertainment One
Authentic Selects BRJ Group to Run Boardriders in Japan and Taiwan
By Allison Watkinson TLL Reporter Authentic Brands Group has entered a new agreement with BRJ Group to run its Boardriders business operations in Japan and Taiwan. Boardriders encompasses a portfolio of high-profile sports lifestyle brands including Quiksilver, Billabong, Roxy, RVCA, DC Shoes, Element and Von Zipper. Authentic officially acquired the Boardriders business and … [Read more...] about Authentic Selects BRJ Group to Run Boardriders in Japan and Taiwan