By Allison WatkinsonTLL ReporterBlue Ant Media has officially closed its acquisition of marblemedia and its international sales operation Distribution360. Blue Ant Media is a privately-held, international media company that owns and operates several branded streaming channels and produces and distributes content across multiple genre categories.The acquisition of marblemedia is … [Read more...] about Blue Ant Media and Marblemedia Merge Production Studios and Global Rights Businesses
Mergers & Acquisitions
Pot Company Tilray Acquires Craft Beer Companies From Anheuser-Busch
By Gary Symons TLL Editor in Chief The cannabis company Tilray Brands has agreed to buy out eight beer and beverage brands from Anheuser-Busch, owner of Budweiser. The move is part of an on-again, off-again relationship between the beer company and the pot company, as parent company AB-InBev was formerly an investor and partner with Tilray. AB-InBev is the world's … [Read more...] about Pot Company Tilray Acquires Craft Beer Companies From Anheuser-Busch
Hasbro Sells eOne Division to Lionsgate for $500 Million
Hasbro Also Reports "Solid Second Quarter" By Gary Symons TLL Editor in Chief Toy giant Hasbro has agreed to sell its eOne film and TV division to Canadian film studio Lionsgate for $500 million. The deal includes $375 million in cash, subject to certain price adjustments, as well as Lionsgate assuming all of eOne's production financing loans. The transaction has … [Read more...] about Hasbro Sells eOne Division to Lionsgate for $500 Million
Acquisitions: Wildbrain Buys Out Pre-Production Animator House of Cool
By Allison Watkinson TLL Reporter The global entertainment company WildBrain has closed its acquisition of the pre-production animation studio, House of Cool. The acquisition is intended to expand and improve Wildbrain's pre-production capabilities for current and future animated series, specials and features. The co-founders of House of Cool, Wes Lui and Ricardo … [Read more...] about Acquisitions: Wildbrain Buys Out Pre-Production Animator House of Cool
Court Denies Injunction on Microsoft Acquisition of Activision
By Gary Symons TLL Editor in Chief A court in California has denied the Federal Trade Commission's request for an injunction on Microsoft's acquisition of Activision. The software giant announced on Jan. 18 this year that the parties had agreed to the terms of a deal. It would see Microsoft acquiring Activision Blizzard for $95 per share, in an all-cash transaction valued at … [Read more...] about Court Denies Injunction on Microsoft Acquisition of Activision
Here’s the Skinny on Wellful’s Acquisition of Jenny Craig
By Allison Watkinson TLL Reporter Wellful, Inc. has added the nutrition and weight management brand Jenny Craig to its portfolio of health & wellness brands. "The Jenny Craig brand is a wonderful addition to Wellful's collection of proven health and wellness brands" said Wellful CEO, Brandon Adcock. "Over the last 40 years, Jenny Craig has been committed to helping … [Read more...] about Here’s the Skinny on Wellful’s Acquisition of Jenny Craig
Authentic Brands Receives Half-Billion Dollar Investment
By Gary Symons TLL Editor in Chief The global brand owner Authentic Brands Group announced it received a $500M investment from its current investor General Atlantic. The global growth equity firm has now invested roughly $2 billion in Authentic. General Atlantic first invested in Authentic Brands in 2017, and while it cashed out on its initial investment, the company … [Read more...] about Authentic Brands Receives Half-Billion Dollar Investment
Authentic Brands Acquires IP of Hunter Boot’s Brand
By Allison Watkinson TLL Reporter Authentic Brands Group has acquired the intellectual property of the British outdoor lifestyle brand Hunter. The Hunter lifestyle brand currently offers an extensive collection of footwear, outerwear, bags and accessories designed for outdoor performance in both rural and urban environments. To support Hunter's international … [Read more...] about Authentic Brands Acquires IP of Hunter Boot’s Brand
Wonderworld Launches as New Player in Animation Production
By Gary Symons TLL Editor in Chief The veteran kids' production exec Mevelyn Noriega announced she is launching a new animation studio called Wonderworld. Wonderworld.fun LLC is described as a new production and distribution company "specializing in premium cutting-edge animation content." It is being established and will be under the direction of Noriega, who takes … [Read more...] about Wonderworld Launches as New Player in Animation Production
Authentic Brands In Agreement to Acquire Luxury Brand Vince
By Allison Watkinson TLL Reporter Authentic Brands Group has entered into a definitive agreement with Vince Holding Corp. to acquire the company's luxury lifestyle brand, Vince. Authentic Brands Group is a brand development, marketing and entertainment platform. The company currently owns over 40 lifestyle, entertainment and media brands. “We are pleased to bring this … [Read more...] about Authentic Brands In Agreement to Acquire Luxury Brand Vince