MEDIA & ENTERTAINMENT

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

Sports Gambling Podcast Network Gains Market Share Despite Competition From Major Outlets

When the Supreme Court overturned the Professional and Amateur Sports Act of 1992 in May 2018, the sports betting industry exploded, opening the door for entrepreneurs and businesses to explore the massive stream of revenue produced by individuals gambling on games and teams.

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LA Sports Council Ramps Up Partnerships

When the Los Angeles Sports Council and its guests convene for a March 7 premiere party at the exclusive Hyde Sunset, a day before the Santa Monica-based nonprofit foundation stages its 17th annual awards show, there will be much to celebrate.

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Netflix to Invest $45 Million in European Films

Netflix Inc. continues to expand its presence around the world with a new deal to bring more French and European cinema to its platform.

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Live Nation Earnings Rebound

Live Nation Entertainment Inc. released its earnings report for the quarter and full year ending on Dec. 31, 2021, which reflects an increasing desire among concertgoers to attend live events despite the risks of Covid variants.

Taxes, IP Value and Artist Estate Planning Drive Increase in High-Dollar Catalog Deals

It was the music catalog sale heard ‘round the world: In August 1985, Michael Jackson purchased ATV Music Publishing for $47.5 million, giving him the rights to 4,000 songs, including the Paul McCartney-John Lennon’s catalog, alienating collaborator and friend McCartney in the process.

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Spotter Helps YouTubers Develop More Lucrative Content

While the creator economy continues to fundamentally change the way many people earn money, Spotter Inc. is trying to help those creators earn more of it.

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Angel City Football Club Attracts More High-Profile Investors

Angel City Football Club has attracted more high-profile investors as the women’s soccer team prepares for its first preseason match in March.

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ViacomCBS Leverages Studio Legacy With Paramount Rebrand

After Hollywood-based Paramount Pictures Corporation announced a strategy in Sept. 2021 focused on exploring the intellectual property of its considerable content library, parent company ViacomCBS is similarly banking on nostalgia as it rebrands as Paramount Global.

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Creator Platform Spotter Raises $200 Million

Spotter Inc. has raised $200 million in its latest financing round, bringing the company’s coffers to $755 million since its founding in 2019.

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Harry Walker Agency Helps Public Speaking Talent Pivot

Endeavor's representation business, which subsidiary Harry Walker Agency Inc. falls into, generated $664.7 million during the third quarter of 2021.

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Troika Media Group Changes the Game From the Scoreboard

Troika Media’s team provides elements to best utilize the massive two-sided 4K high-resolution Infinity Screen at SoFi Stadium.

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Disney, Mattel Earnings Beat Expectations

The Walt Disney Co. handily beat Wall Street estimates on earnings and revenue for the first quarter of its fiscal 2022, and its stock jumped about 10% in after-hours trading.

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Odys Aviation Receives $12M in Seed Funding

Burbank-based Odys Aviation Inc., which is developing a hybrid gas-electric vertical takeoff and landing aircraft, announced Feb. 10 that it has received $12.4 million in seed funding.

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Byron Allen Eyes Purchase of Denver Broncos

Media mogul Byron Allen is gearing up to bid on professional football team the Denver Broncos after the team officially was put up for sale Feb. 1 by previous owner the Pat Bowlen Trust.

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One Eighteen Acquired by Marketing Agency Mod Op

Mod Op has purchased One Eighteen Advertising Inc. in its fourth agency acquisition in the last three years.

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