AT&T Inc. (NYSE:T) and Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) announced a definitive agreement to combine WarnerMedia’s premium entertainment, sports and news assets with Discovery’s leading nonfiction and international entertainment and sports businesses to create a premier, standalone global entertainment company. Under the terms of the agreement, which is structured …
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Hollywood Reporter disclosed that DC Comics has dropped Diamond Comics Distributors as its long-standing partner after Diamond cut payments to publishes claiming cash-flow issues. An email sent to retailers explained, “We recognize that, to many of you, this may seem like a momentous decision. However, we can assure you that …
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University Games announced the acquisition of Maranda Games, the award-winning manufacturer of outdoor recreation games, including the tailgating classic, Ladderball, and strategy board games, including Sneaky Statues. Maranda Games was founded in 1995 by Dawn and Mark Fuchs as a way to share two enjoyable areas of life – outdoor recreation and …
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Lion Forge (St. Louis) and Oni Press (Portland) announce a merger which will set the two companies on a path to becoming the premier destination for original graphic storytelling, gaming, entertainment, and more. Polarity, the parent company of Lion Forge, will become the majority owner of the new combined entity, with …
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Comics and graphic novel sales hit a new high in 2018, according to a new joint estimate by ICv2’s Milton Griepp and Comichron’s John Jackson Miller. Total comics and graphic novel sales to consumers in the U.S. and Canada were approximately $1.095 billion in 2018, an $80 million increase over …
Read More »Twenty-First Century Fox, Inc. (“21CF”) (NASDAQ: FOXA, FOX) announced today that it has entered into an amended and restated merger agreement with The Walt Disney Company (“Disney”) (NYSE: DIS) pursuant to which Disney has agreed to acquire for a price of $38 per 21CF share the same businesses Disney agreed …
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Toys”R”Us, Inc. announced that it has filed a motion seeking Bankruptcy Court approval to begin the process of conducting an orderly wind-down of its U.S. business and liquidation of inventory in all 735 of the Company’s U.S. stores, including stores in Puerto Rico. Toys”R”Us will provide more details about the …
Read More »Viacom Inc. (NASDAQ:VIAB, VIA) reported financial results for the second quarter of fiscal 2017 ended March 31, 2017. Bob Bakish, President and Chief Executive Officer, said, “In the second quarter, Viacom delivered continued top-line improvement, with growth in affiliate revenues, international media networks and across every business segment of Paramount …
Read More »Hasbro, Inc. (NASDAQ: HAS) reported financial results for the first quarter 2017. Net revenues for the first quarter 2017 increased 2% to $849.7 million versus $831.2 million in 2016. Net earnings for the first quarter 2017 increased 41% to $68.6 million, or $0.54 per diluted share, compared to $48.8 million, …
Read More »Viacom announced the appointment of Jim Gianopulos as Chairman and Chief Executive Officer of Paramount Pictures, effective April 3, 2017. Gianopulos will report directly to Bob Bakish, President and Chief Executive Officer of Viacom. In his role as Chairman and Chief Executive Officer of Paramount, Gianopulos will oversee the studio’s …
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