Discovery Communications will buy Scripps Networks Interactive for $11.9 billion early next year. The deal includes the assumption of $2.7 billion of Scripps’s net debt. Hasbro ends talks to buy out Lions Gate Entertainment, reportedly because of price disagreements. This comes after ultimately failed negotiations to buy out DreamWorks Animation in 2014, which was ultimately … [Read more...] about M&A & Investments
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Viacom International Media Networks’ VP Intl. Brand Management Charlotte Castillo has been promoted to SVP Brand Management & Creative for Nickelodeon and Viacom Consumer Products (NVCP). Seth Marks, former SVP Merchandising & Strategic Sourcing for Overstock.com, has joined Kmart as Head Strategic Merchandising. Jarrod Weber has been promoted to EVP Fashion at … [Read more...] about Who’s News