IMG, a global leader licensing for sports, events, fashion and media, has acquired the Dubai-based 20too Licensing agency to further expand its global reach. The company manages some of the world’s greatest athletes and fashion icons; owns and operates hundreds of live events annually; and is a leading independent producer and distributor of sports and entertainment media. … [Read more...] about IMG Expands With Middle East Acquisition
Mergers & Acquisitions
Iconix Plans To Go Private After Controversial Acquisition Deal
Iconix Brand Group, Inc., which owns several well known brands such as Joe Boxer, Buffalo Jeans, Mossimo and London Fog, among several others, will become a private company after the board accepted an acquisition offer from Lancer Capital LLC. However, two major law firms have announced they are launching investigations into the deal on behalf of shareholders, with one saying … [Read more...] about Iconix Plans To Go Private After Controversial Acquisition Deal
Merged WarnerMedia/Discovery Rebranded
Two weeks after the merger of WarnerMedia and Discovery, the new company's CEO David Zaslav has revealed the streaming service will now be known as Warner Bros. Discovery, tipping the hat to the history of both parties. Zaslav unveiled the new name and a new logo to staff (pictured), and also worked in a tagline for the new entity, borrowing the line "The stuff that dreams are … [Read more...] about Merged WarnerMedia/Discovery Rebranded
Amazon Shakes Up Streaming With MGM Acquisition
By Gary Symons TLL Editor in Chief MGM's roaring lion is now purring happily in the Amazon stable, after the eCommerce giant acquired the historic film studio in a critical, $8.45 billion deal. That sum makes the MGM acquisition the second largest in Amazon's history, but Jeff Bezos and crew are betting their investment will pay off as part of the company's strategy to … [Read more...] about Amazon Shakes Up Streaming With MGM Acquisition
Who’s News: Stephanie Kupperman Launches Licensing Agency
Stephanie Kupperman, named a "rising star" of the industry by Licensing International, is now running her own agency called Licensing 360. "Licensing 360 is a full-service merchandise licensing agency, specializing in extending entertainment brands into powerful worldwide consumer product programs," said Kupperman. "The agency’s goal is to offer brands a tailored, … [Read more...] about Who’s News: Stephanie Kupperman Launches Licensing Agency
Amazon Bidding For Acquisition of MGM
By Gary Symons TLL Editor in Chief US tech and e-commerce giant Amazon is reportedly negotiating a deal to buy out the iconic MGM film studio for roughly $9 billion, according to an original report by industry publication Variety. Amazon, which also owns one of the world's largest streaming video services in Amazon Prime, is said to be several weeks into the talks, which are … [Read more...] about Amazon Bidding For Acquisition of MGM
WarnerMedia Merges With Discovery in $43 Billion Deal
WarnerMedia and Discovery announced a bold move in the ongoing streaming wars that sees the two companies merging in a $43 billion that cedes majority control to Warner's parent company AT&T. The resulting media conglomerate will act as a new, standalone company to be led by Discovery's president and CEO David Zaslav. The agreement will see AT&T receiving the full … [Read more...] about WarnerMedia Merges With Discovery in $43 Billion Deal
Eddie Bauer Being Acquired By Authentic Brands
Retail and consumer products giant Authentic Brands and its partially owned subsidiary SPARC Group have reached an agreement to buy the outdoor clothing chain Eddie Bauer in a deal expected to close June 1. Deal terms have not yet been disclosed. Authentic Brands Group LLC is a global force in retail with more than 6,000 outlets worldwide, generating roughly $14 billion in … [Read more...] about Eddie Bauer Being Acquired By Authentic Brands
Topps Going Public in $1.3 Billion SPAC Deal
The venerable collectibles company Topps Co. has announced it is going public through a merger with a 'blank cheque firm' in a deal that values the combined company at $1.3 billion. Michael D. Eisner, former Chairman and Chief Executive Officer of Disney and Chairman of The Topps Company, will become Chairman of the combined company’s board of directors. The combined company … [Read more...] about Topps Going Public in $1.3 Billion SPAC Deal
EA Expands Mobile Game With Glu Acquisition
Electronic Arts is making a huge move in the video gaming space as it has entered into a definitive agreement to acquire mobile game developer GluMobile Inc. GluMobile is a leading global developer and publisher of mobile games including Design Home, Covet Fashion, and MLB Tap Sports Baseball. Under the terms of the agreement, EA will acquire Glu for $2.1 billion in enterprise … [Read more...] about EA Expands Mobile Game With Glu Acquisition