MEDIA & ENTERTAINMENT

Recent and archived news stories on: media companies, newspapers, television, digital media, entertainment industry, public relations firms, artist representation, agencies

Live Nation Reaches Latin America With $444 Million Deal for OCESA

Live Nation Entertainment Inc. said it will acquire OCESA Entretenimiento for $444 million.

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Brian Robbins Named Paramount Pictures’ Next Chairman, CEO

ViacomCBS Inc., parent company of Hollywood-based Paramount Pictures Corp., has named Brian Robbins the studio’s next chairman and chief executive.

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Fox Corp. Acquires TMZ for $50 Million

Fox Corp. announced it acquired tabloid journalism online newspaper TMZ on Sept. 13 for an estimated $50 million.

NBCUniversal Alum Adam Stotsky to Lead MRC Live & Alternative

MRC has hired NBCUniversal alum Adam Stotsky as president of MRC Live & Alternative, a new division that will absorb the operations of Dick Clark Productions.

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Jam City Buys Canadian Studio Ludia for $165 Million

Jam City Inc. acquired Canadian game development studio Ludia for $165 million.

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Endeavor Leads Investments in Tempus Ex Machina

Endeavor Group Holdings Inc. led a financing round for Tempus Ex Machina, a San Francisco-based technology and data company focusing on the sports and entertainment industry.

Brian Robbins to Be Named CEO of Paramount Pictures

Robbins, the president of Paramount’s children’s network Nickelodeon, will replace Jim Gianopulos.

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Delta Surge Threatens Recovery at LA Airports

Just as airports start to match pre-pandemic levels of passenger traffic, they're bracing for another slowdown.

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Pershing Square Raises Its UMG Stake

Pershing Square Holdings Ltd. is taking a larger stake in Santa Monica-based Universal Music Group.

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SAG-AFTRA Elects Fran Drescher as President

Drescher, star of “The Nanny,” will face the looming expiration of the return-to-work agreements and an ever-changing landscape for content distribution.

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Live Media Platform Moment House Raises $12 Million

The latest investors include Halsey, Whitney Cummings and Tom Felton.

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Bright Raises $15 Million From Celebrity Investors

The latest investors in the live-streaming platform include Judd Apatow and Leslie Mann, Amy Schumer and fashion designer Rachel Zoe.

Wealthiest Angelenos: Media Moguls Gain as Appetite for Content Soars

As pandemic-weary consumers sought relief and distraction, fortunes soared for the entertainers on this year's Wealthiest Angelenos list.

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Hollywood Production Companies Face Increased Costs, Risks From Delta Variant

Activity on film and TV sets in Los Angeles has returned to pre-pandemic levels, but ongoing concerns over Covid-19 and the surging delta variant are taking a toll on the cost of those productions.

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Endeavor Posts Strong Second Quarter Earnings

Endeavor Group Holdings Inc. posted strong second-quarter earnings driven by solid performances from the company’s Ultimate Fighting Championship unit and its talent agency business.

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