Prager Metis International has announced it has acquired Ling Phipp, a media and entertainment business that serves Southern England and South Wales. The merger between the two companies was finalized on August 31st. Just yesterday, Prager officially …
Category archives: Mergers and Acquisitions
European Commission Granting ‘Unconditional Approval’ to Apple’s Shazam Acquisition, Report Says
Apple + Shazam: It’s a deal that’s getting ‘recognized’ by European authorities! The European Commission (EC) is set to approve a $400 million buyout of Shazam, according to a Reuters report surfacing this evening (August 22nd)….
Exactuals Gets Acquired by Longtime Investor City National Bank
SaaS-based payments processing firm Exactuals is now owned by City National Bank, a longtime investor in the platform. The Westwood-based Exactuals has been simplifying complex payment problems for years within the entertainment industry. Now, longtim…
Concord Music Acquires London-Based Independiente Records
Concord Music has announced that it has acquired Independiente Records, a London-based indie label with a storied history. Andy Macdonald began Independiente Records in 1997, and the company has produced a significant number of influential artists sinc…
Music Choice Has Until August 31st to Accept a $120 Million Buyout Offer
What’s a cable-based music service worth these days? Ahead of the weekend, Canadian-based firm Stingray has made an unsolicited offer to acquire rival Music Choice for $120 million. But that deal has a time limit attached. Music Choice is a cong…
Musical.ly Is Officially R.I.P. Introducing TikTok…
The popular short-form video app Musical.ly has shut down as of August 2nd, despite obtaining more than 100 million monthly active users since the app launched in 2014. The short-form video app has been immensely popular with a younger generation of mu…
Sirius XM’s CEO Addresses Those Pesky Live Nation Merger Rumors
Rumors have been swirling for a few months that Sirius XM may be looking to merge with Live Nation, but today CEO Jim Meyer dismissed those rumors. During an analyst call, Meyer said he didn’t know where the speculation was coming from, and that …
Want to Buy TuneIn? 10 Million Subs, Nearly Profitable, $500 Million o.b.o.
Looks like TuneIn is seriously shopping itself, or at least considering its ‘strategic options’. But is this a good buy? Hmm. Streaming is exploding. But is it exploding into the way TuneIn had hoped? That’s a difficult question, t…
How the Ruling Allowing AT&T’s $85 Billion Acquisition of Time Warner Could Affect Entrepreneurs
The historical ruling has implications for every industry.
How the Ruling Allowing AT&T’s $85 Billion Acquisition of Time Warner Could Affect Entrepreneurs
The historical ruling has implications for every industry.