Tag: stake
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Gersh Agency Sells Minority Stake to Crestview Partners – Armessa Movie News
[ad_1] After nearly 75 years of family ownership, Gersh Agency has sold a 45% stake in the company to private equity firm Crestview Partners. Gersh Agency chiefs Bob Gersh and David Gersh said the investment from Crestview is designed to help the agency grow in new areas to better represent its core client base. The…
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Ryan Kavanaugh’s Proxima Acquires Significant Stake In Movie-Streaming Platform ROW8 – Billboard – Armessa Music News
[ad_1] This article was written in partnership with Allison Parker. Ryan Kavanaugh’s Proxima entertainment company has acquired a “significant strategic stake” in movie-streaming platform ROW8 and formed a joint venture, Proxima 8. Combining the individual strengths of the two separate brands, Proxima 8 aims to revolutionize the way audiences experience cinema and disrupt the current theatrical…
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Bacardi Buys Out A Majority Of Jay-Z’s 50% Stake In D’USSÉ- Armessa Music News
[ad_1] HipHopWired Featured Video CLOSE Source: Kevin Mazur / Getty It seems Jay-Z’s concerns over his cognac brand are no longer. He and Bacardi have jointly announced a long-term agreement that renews their partnership with D’USSÉ. As spotted on Bloomberg Law, the two parties have come to terms on the splits behind the dark liquor.…
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Japan’s Hakuhodo Takes Majority Stake in India’s MA&TH Entertainment – Armessa Movie News
[ad_1] Tokyo-based global advertising giant Hakuhodo Inc. has acquired a majority stake in leading Indian brand and entertainment agency group, MA&TH (Marching Ants & Trigger Happy) Entertainment Network Private Limited. Headquartered in Mumbai, the Cannes Lions-winning MA&TH group primarily services clients involved in content creation including film producers, studios, streaming platforms, broadcast companies and international…
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France’s Mediawan takes majority stake in Brad Pitt’s Plan B | News – Armessa Movie News
[ad_1] French media company Mediawan has taken a majority stake in Brad Pitt’s production house Plan B Entertainment as the group bolsters its English-language production efforts with new division Mediawan US. Following speculation about the deal on Friday (December 9), Mediawan issued a statement confirming the news which said the two companies “have entered into…
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Mediawan front runner for Plan B stake – reports | News – Armessa Movie News
[ad_1] Independent European studio Mediawan is in talks to buy a significant stake in Hollywood production company Plan B, according to reports. Plan B, run Brad Pitt, Jeremy Kleiner and Dede Gardner, was recently reported to have hired investment bank Moelis & Co to explore a sale. Bloomberg and other US media outlets now suggest…
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Jay-Z To Sell D’Ussé Stake, Says Bacardi Is Lowballing Him- Armessa Music News
[ad_1] Written By D.L. Chandler , Senior Editor @dlchandler123 D.L. Chandler is a veteran of the Washington D.C. metro writing scene, working as a journalist, reporter, and culture critic. Initially freelancing at iOne Digital in 2010, he officially joined the iOne team in 2017 where he currently works as a Senior Editor for Cassius Life…
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Federation acquires majority stake in Vertigo Films | News – Armessa Movie News
[ad_1] France-based production and distribution company Federation Entertainment has acquired a majority stake in UK-based independent television and film production outfit Vertigo Films. The deal is the first UK acquisition for the Federation group, which was founded in 2013 and now has around 20 subsidiaries or associate production companies around the world. The group’s credits…