Formerly known as Wasserman, the agency that has changed its name to The Team put itself up for sale after its founder’s emails surfaced in the Epstein files.
Category: Mergers, Acquisitions and Divestitures
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Federal Court Temporarily Freezes Nexstar’s Merger With Tegna
The judge said the two television companies could not combine operations while an antitrust lawsuit proceeded. Nexstar said its deal was already done.
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American Airlines Says It Won’t Merge With United
American issued the statement after news reports that United Airlines’ chief executive had discussed the idea with the Trump administration.
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Sazerac Prepares $15 Billion Cash Offer for Maker of Jack Daniel’s
The Kentucky spirits company’s bid for Brown-Forman comes as the industry is being buffeted by a decline in alcohol consumption.
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Ellison Pledges at Least 30 Paramount-Warner Movies a Year
His remarks at a movie theater convention were part of a campaign to win Hollywood support for his bid to buy Warner Bros. Discovery.
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Sneaker Company Allbirds Plans to Pivot to A.I. Yes, A.I.
After selling its business for $39 million last month, the company said it planned to buy powerful computer chips and rebrand itself NewBird AI.
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5 Takeaways From the Live Nation Antitrust Trial
A jury found that the concert giant operated as a monopoly, a verdict that could have major reverberations in the music industry.
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Live Nation and Ticketmaster Illegally Monopolized Ticketing Market, Jury Finds
In a verdict that could have far-reaching consequences in the music industry, the live colossus that includes Ticketmaster was found to have violated antitrust laws.
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Netflix Leader Makes Rare Overture to Cinema Owners
Ted Sarandos attended a major movie theater conference for the first time and met with domestic and international owners, people familiar with the meetings said.
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Hollywood Heavyweights Sign Letter Opposing Paramount’s Deal for Warner Bros.
The letter warns that the deal will result in fewer jobs for creatives, along with higher costs and less choice for audiences.