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Liberty Media Pulls $1.16 Billion Offer for iHeartMedia

The Hollywood Reporter reports: "Liberty Media, the owner of SiriusXM Radio, on Friday said it has pulled a proposed deal to inject $1.16 billion...

Struggling MoviePass Launches $164 Million Bond Sale

Variety reports: "MoviePass’ parent company has launched a $164 million bond sale as the struggling subscription service tries to find ways to stay afloat...

Whistle Sports Raises $28 Million Series D

Variety reports: "Digital entertainment startup Whistle Sports has raised $28 million as part of an ongoing Series D fundraise, the company announced Thursday.The startup launched in...

Netflix Stock Closes at Record-Breaking $404.98 After Analysts Raise Price Targets

Variety reports: "Withstanding the pull of a falling market, Netflix’s stock surged to a new historic closing high of $404.98 Tuesday after multiple analysts had...

Disney Offers to Take on Sky News for 15 Years; Channel...

Variety reports: "Disney has offered British authorities a commitment to operate and fund Sky News for 15 years and to refrain from selling it without the U.K....

Critical Force nets $6.3m investment to scale esports operation

Gamesindustry.biz reports: "Finnish mobile developer Critical Force has raised $6.3 million funding to scale the growth of its flagship game, Critical Ops. The mobile...

Sony, Orchard Share $750M Spotify Windfall With Indie Artists, Labels Regardless...

Hypebot reports: "Sony Music and The Orchard have confirmed that they will share the proceeds from the sale of  shares in Spotify with their...

Overwatch League Team Partners With Lionsgate for Film Sponsorship Crossover

The Hollywood Reporter reports: "One of Overwatch League's local teams, the LA Valiant, has partnered with the upcoming Lionsgate's Summit Entertainment comedy Uncle Drew in a...

Epic Games announces 2019 Fortnite World Cup as game reaches 125m...

Gamesindustry.biz reports: "Having reached 125 million players in less than a year, Epic Games this week announced the 2019 Fortnite World Cup.Last month Epic...

BBC, ITV, Channel 4 to Invest $165M in Britain’s Freeview Amid...

The Hollywood Reporter reports: "U.K. broadcast giants BBC, ITV and Channel 4 said Monday that they have signed a new five-year agreement to invest...