Business
Trump Media, fusion power firm TAE Technologies combine in US$6 billion deal
Under the deal, shareholders of both companies will own about 50% of the combined entity US President Donald Trump’s social media firm is…
Tag
Deal
Business
Fox Entertainment Studios Signs Jeffrey Levine and Bronson Canyon Pictures To First-Look Deal
Fox Entertainment Studios has signed entertainment executive Jeffrey Levine and his production company Bronson Canyon Pictures to a…
Business
Suzanne Todd Signs First Look Deal With MGM Television (EXCLUSIVE)
Veteran producer Suzanne Todd, whose credits include the “Austin Powers,” “Alice in Wonderland” and “Bad Moms” franchises, has sealed a…
Culture
Netflix Signs Deal With Dave Portnoy’s Barstool Sports for Exclusive Video Rights to Three Podcasts
Netflix has gone into business with Dave Portnoy, with a deal that will bring the “unfiltered commentary” of Barstool Sports‘ podcast…
Business
Oracle data centre plan hit as Blue Owl walks from US$10 billion deal: source
Blue Owl’s discussions with lenders and Oracle for an OpenAI-linked Michigan data centre stall after failed negotiations Oracle’s largest…
Business
Warner Bros. Discovery Rejects Paramount $30/Share Acquisition Offer, Alleging Deal Financing Does Not Have ‘Full Backstop’ From Ellisons
Warner Bros. Discovery‘s board has formally said “no thanks” to the $108 billion takeover bid from David Ellison’s Paramount Skydance and…
Business
Ford cancels EV battery deal worth 9.6 trillion won with South Korea’s LG Energy Solution
South Korea’s LG Energy Solution said on Wednesday (Dec 17) that Ford Motor has terminated an electric vehicle (EV) battery-supply deal…
Business
Hans Patuwo gets GoTo shareholders’ nod as CEO amid investor push for Grab deal
Shareholders of Indonesia’s digital giant GoTo Group have approved the appointment of Hans Patuwo as president director and chief…
Business
Howard Stern Says He’s Renewed SiriusXM Deal for Three More Years
After months of negotiations, Howard Stern said he’s staying with SiriusXM, where his show has aired since 2006, for another three years.…
Business
TotalEnergies wins 21-year deal to power Google data centres in Malaysia
The power supply contract is expected to take effect in the first quarter of next year France’s TotalEnergies said on Tuesday (Dec 16) it…
Business
UK and South Korea strike trade deal
Emer Moreau,business reporterand Jonathan Josephs,business correspondent The UK and South Korea have finalised a trade deal which the…
Business
GM strikes deal to put Apple Music in all of its new vehicles
General Motors (GM) has cut a deal with Apple to bring the Apple Music app into Chevrolet and Cadillac models starting on Monday (Dec 15),…
News
Trump team uses security guarantee to pressure Ukraine on peace deal
U.S. officials said on Monday that they've developed a peace deal to end the conflict between Ukraine and Russia, which would provide…
News
Mike Johnson’s Health Care Deal Crumbles as Obamacare Deadline Looms
House GOP moderates are breaking away from their party leader. At least four Republican representatives—Brian Fitzpatrick, Jen Kiggans,…
Business
MUFG said to near deal for stake in India’s Shriram
Mitsubishi UFJ Financial Group is nearing a deal to buy a minority stake in India’s Shriram Finance, according to people familiar with the…
Business
ServiceNow nears up to US7 billion deal for cybersecurity startup Armis
ServiceNow is in advanced talks to buy the cybersecurity startup Armis in a deal that may be valued at as much as US$7 billion and would…
Business
The Weeknd Closes Catalog Partnership With Lyric Capital Said to Be in $1 Billion Range, ‘Unique’ Deal ‘Sets New Standard for Artist Equity and Control’
The Weeknd and Lyric Capital Group have closed a deal forming a business venture together wherein Lyric has invested in the artist’s music…
News
Trump’s China Chip Deal and the Sale of American National Security
If letting China buy precious tech is detrimental to U.S. interests, that threat is not mitigated by allowing the Treasury to grab a…
Business
Intel nears US$1.6 billion deal for AI chip startup SambaNova
Intel is in advanced talks to acquire artificial intelligence (AI) chip startup SambaNova Systems for about US$1.6 billion, including…
Business
Nancy Shaver Is the Real Deal
The choreographer Marla Phelan is interested in the birth of stars—not Barbra Streisand or Lady Gaga but the cosmic kind. Working with the…
Business
Karl Lagerfeld Signs Deal for Residences on Al Marjan Island
The Karl Lagerfeld fashion house is on a roll with branded residential projects. On Friday, it revealed a partnership with Dubai-based…
Business
OpenAI makes $1bn deal to bring Disney characters to ChatGPT and Sora
Disney has agreed to invest $1bn (£740m) in OpenAI as part of a deal which will let people use many of its iconic characters in the…
Business
Disney will open up its toy chest of 200+ characters for AI creators in a $1 billion deal with OpenAI
Mickey Mouse, welcome to the AI era. Fans will soon be able to create short-form generative AI videos featuring more than 200 Disney,…
Culture
What does the Netflix-Warner deal mean for talent?
Last week, Netflix announced it was buying Warner Bros. in a massive $82.7 billion deal. The streaming giant’s acquisition will set…