The Licensing Letter

Mergers & acquisitions

Krispy Kreme Sells Majority Ownership Stake of Insomnia Cookies

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

Jazwares Acquires Australian Toy Distribution Company

By Allison Watkinson TLL Reporter Jazwares has acquired the Australian toy distribution company Big Balloon as part of its continued strategy for global expansion."The company’s leadership, combined with the cultural alignment and our mutual passion for brands, made this the natural evolution for both our businesses," said Big Balloon co-founder, Chris Loverso. "As team … [Read more...] about Jazwares Acquires Australian Toy Distribution Company

Studio 100 Media Acquires Stake in 3Doubles Producciones

By Allison WatkinsonTLL ReporterStudio 100 Media has acquired a stake in 3Doubles Producciones as part of its European expansion strategy.Founded in 2017, 3Doubles Producciones is an entertainment company that specializes in the production and development of 2D and 3D animated films and TV series.The company currently employs over a hundred people at its headquarters in Santa … [Read more...] about Studio 100 Media Acquires Stake in 3Doubles Producciones

TheSoul Publishing Acquires Majority Stake in Underscore

By Allison WatkinsonTLL ReporterThe digital content studio TheSoul Publishing has acquired a majority stake in the talent management firm, Underscore Talent.Founded in 2021, Underscore Talent is known for its 360° management strategy. It assists its diverse client base with brand partnerships, consumer products, ecommerce, social media, publishing, content distribution, live … [Read more...] about TheSoul Publishing Acquires Majority Stake in Underscore

Mergers & Acquisitions: Sony Acquires Bungie As Video Gaming Land Rush Continues

By Gary Symons TLL Editor in Chief Sony Interactive Entertainment has agreed to acquire Bungie for $3.6 billion, as gaming conglomerates continue to gobble up indie developers. Bungie is certainly among the most successful game developers in the world, having designed both the global hit Destiny and the Halo franchise. That latter game practically defined the first-person … [Read more...] about Mergers & Acquisitions: Sony Acquires Bungie As Video Gaming Land Rush Continues