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Endeavor Clinches $775M Deal With CJ For Majority Stake In Scripted Content Unit
Wrapping a months-long process, Endeavor Group Holding has sealed a deal to sell most of its successful production unit to South Korean media giant CJ ENM.
CJ is investing $775 million for 80% of Endeavor Content’s scripted business, according to the official announcement, with the equity valuation reaching $970…
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By Dade Hayes
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0 Comments Comment on Endeavor Clinches $775M Deal With CJ For Majority Stake In Scripted Content Unit
House Prepares To Vote On Build Back Better Act, Centerpiece Of Joe Biden’s Agenda
The House of Representatives was poised to vote on the Build Back Better Act, the $1.9 trillion social spending and climate package that is a centerpiece of President Joe Biden’s agenda.
The vote was delayed as House Minority Leader Kevin McCarthy, leading the Republican opposition, delivered a speech from the floor…
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By Ted Johnson
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‘Trouble In Mind’ Broadway Review: LaChanze Leads Alice Childress Play To Overdue Triumph
Sixty-four years late and right on time, Alice Childress’ wise and stirring backstage comedy-drama Trouble in Mind is making its long-in-coming Broadway debut tonight, and to describe the play as prescient would be an understatement. Uncanny rings truer.
With a star turn by LaChanze that takes a strong place in a…
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By Greg Evans
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“This Is A Pandemic That Is In Fact Fueled By Younger People” in Los Angeles, Says Top Health Official
“This is a pandemic that is in fact fueled by younger people,” said Los Angeles Public Health Director Barbara Ferrer today as she unveiled a list of the L.A. County 10 communities currently being hit hardest by Covid-19.
Lancaster, Palmdale, Studio City and Santa Clarita were among the areas with the highest rates of…
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By Tom Tapp
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Discovery, AT&T’s WarnerMedia Talks Collapsed In April Before They Clinched May Deal, According To Massive SEC Filing
A mammoth SEC filing by Discovery today offers some tidbits on its upcoming merger with WarnerMedia – like the new Nasdaq stock symbol, WBD – and pages detailing back-and- forth calls between David Zaslav and AT&T CEO John Stankey starting in February when the Discovery boss first reached out.
They spoke, they met in…
Crystal Hopkins Resigns As President Of IATSE Script Supervisors Local 871, Citing Personal Reasons & Dissatisfaction With Union’s New Contract
EXCLUSIVE: Crystal Hopkins has resigned as president of IATSE Local 871, in part because of her dissatisfaction with IATSE's new film and TV contract. Marisa Shipley, the local's current vice president, will be the local's next president, running unopposed to succeed Hopkins in the local's ongoing election.
Hopkins…
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By David Robb
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Endeavor Nears Deal To Sell Control Of Content Business To South Korea’s CJ
Endeavor Group Holdings is close to a deal to sell a majority interest in its content unit to South Korea media company CJ ENM, according to people familiar with the pending transaction.
The CJ investment is said to be in the $900 million to $1 billion range. CJ, which gained a wider profile in Hollywood by backing…
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By Dade Hayes
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NBCUniversal Extends Premier League Rights Through 2028
UPDATED with Telemundo statement: NBCUniversal has extended one of its key sports properties, Premier League soccer, for another six years.
From the 2022-23 season through 2028, 380 matches will be carried across the company’s broadcast, cable and streaming outlets. Games will be on NBC, USA Network, Peacock…
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By Dade Hayes
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Julius Jones Granted Clemency By Oklahoma Governor; Kim Kardashian, Other Celebrities Urged Stay Of Execution
Oklahoma Gov. Kevin Stitt granted clemency on Thursday to Julius Jones, just hours before he was to be executed for a murder conviction.
Jones’ case had drawn the attention of Kim Kardashian and other celebrities. Kardashian, an advocate for criminal justice reform, tweeted about Stitt’s decision, “Thank you so much…
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By Ted Johnson
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‘Army Of Thieves’ Breakout Ruby O. Fee Inks With Paradigm
EXCLUSIVE: Ruby O. Fee, who recently found a breakout role in Matthias Schweighöfer's Army of Thieves, has signed with Paradigm for representation.
Fee is a German actress who plays master hacker Korina Dominguez in Netflix's blockbuster prequel to Army of the Dead, produced by Zack Snyder. The film charted at #1 in…
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By Matt Grobar
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- Business
Yorn Levine Barnes Law Firm Promotes Four To Partner
EXCLUSIVE: The law firm Yorn, Levine, Barnes, Krintzman, Rubenstein, Kohner, Endlich & Gellman has promoted Ashley Briskman, Cary Dobkin, Kristi Eddington and Miles Metcoff to partner positions.
“Congratulations to Ashley, Cary, Kristi and Miles,” Yorn said. “We are excited to add these talented, homegrown attorneys…
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‘You’ Ends Run Of ‘Squid Game’ Atop Nielsen U.S. Streaming Chart
You ended Squid Game‘s month-long run atop Nielsen’s U.S. streaming chart, scoring nearly 2.7 million minutes of viewing during the week of October 18 to 24.
The tally was nearly double that of Squid Game, which remains the most successful original in Netflix history but is now in its second month of global…
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By Dade Hayes
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