Redbox Is Set to Go Public After Officially Closing SPAC Merger
Redbox is about to hit the public markets. The DVD rental kiosk operator, which has been expanding into digital entertainment,…
Variety
Losses Little Changed at China’s iQiyi as Shares Touch All-Time Lows
iQiyi, China’s second largest generalist subscription video platform, weighed in with net losses of RMB1.40 billion ($216 million)…
DraftKings to Acquire Golden Nugget Online Gambling Company for $1.56 Billion in Stock
DraftKings plans to buy Golden Nugget Online Gaming — letting it tap into the internet gambling company’s database of more than…
YouTube Comedian’s ‘Alfredo Rivera’ Frontier Flight Attendant Spoof Video Goes Viral – Variety
The extremely bad behavior of one Frontier Airlines passenger — who had to be restrained by being duct-taped to his seat — served…
Reservoir Media Begins Trading on NASDAQ
Reservoir Media, the fast growing music rights company that recently acquired the catalogs of members of Migos and Tommy Boy…
Tencent Music Ordered to Unwind Exclusive Content Deals With Global Labels
Tencent Music Entertainment has been fined by Chinese regulators and ordered to terminate its exclusive content supply deals…
China Blocks $5.3 Billion Merger of Live Streaming Firms Huya and DouYu
Chinese regulators have formally blocked the proposed merger of Huya and Douyu, two of the country’s largest live streaming operators….
China Adds Fear Factor as it Reins in Listed Tech Firms
A raft of measures taken by China to control its tech firms and expand national security protection are rattling the entertainment…
UFC Momentum Buoys Endeavor Stock as First Quarterly Earnings Release Looms Next Week
Endeavor Group Holdings is closing out its first month as a publicly traded company with a stock that is up 24% from its IPO price of $24. The company that is home…