EXCLUSIVE: We’ve seen efforts to share risk and upside in success, and many times they come and go. Artists Equity, hatched by pals Ben Affleck and Matt Damon and backed by a long-term financial commitment […]
David Beckham’s net worth is $450 million. Mark Wahlberg’s net worth is $400 million. You would think two guys who sport $850 million in combined personal wealth would find a way to privately settle a […]
Broadcast Music Inc. (BMI), the music licensing agency that represents thousands of songwriters, has announced that it will sell to the private equity firm New Mountain Capital, The New York Times reports. Terms of the […]
Photo Credit: Mathew Schwartz HYBE has completed its acquisition of a 14.8% stake in SM Entertainment, held by SM’s Founder and former Chief Producer, Lee Soo-man. HYBE also announced it resolved the ‘governance issue’ between […]
Tom Brady is not having a great year. His season with the Bucs has been a flop. The team is currently 4 and 5. That’s 4 wins and 5 losses. In the last few months […]
Photo Credit: Wasserman Providence Equity Partners makes a strategic investment in Wasserman, buying out Redbird Capital and Madrone Capital. Global sports, music, and culture agency Wasserman has announced a strategic investment from Providence Equity Partners, […]
Billionaire LA Clippers owner Steve Ballmer and his wife Connie Ballmer are putting their money where their mouths are with regards to putting money towards Black venture capital and investing in Black businesses. The former […]
Broccoli Festival founders Brandon McEachern and Marcus Allen. Photo Credit: Live Nation Live Nation has officially acquired a “significant equity stake” in Washington, D.C.’s Broccoli City Festival and added the annual event’s founders to its […]
Universal Pictures While Chris Pratt may often find himself the target of criticism on social media, there are plenty of people who know him in real life that are willing to speak to the quality […]
Photo Credit: Amaya & Laurent / CC by 2.0 HarbourView Equity Partners have acquired the publishing catalog of Lady A and the recorded music rights of Brad Paisley. HarbourView launched just nine months ago and […]
It appears Kim isn’t the only Kardashian living the single life. According to Entertainment Tonight, Khloé Kardashian has officially split with a private equity investor she began dating this summer. The Good American founder reportedly met the mystery man through […]
Photo: United Talent Agency (UTA) A victory in its aim to scale, UTA CEO Jeremy Zimmer announced EQT’s investment yesterday—a move he claimed: “would help us drive growth while protecting our culture.” As one of […]
Shared from www.businessoffashion.com The firm, which manages roughly $30 billion in assets, has hired Goldman Sachs and Morgan Stanley to explore its options, according to the Wall Street Journal. If L Catterton finds an exit in […]
Shared from Business of Fashion The retailer has committed to allocating $25 million to working with multicultural media platforms, launching a BIPOC brand-focused accelerator program, investing $5 million in New Voices, a venture fund that […]