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WPP Group Plc
Warner Bros., Brett Ratner cut deal to create Chinese investment fund
Warner Bros. is partnering with filmmaker Brett Ratner and two Shanghai-based companies to create a fund that will invest in film, television and live entertainment projects targeting Chinese audiences. The entity, called the Creative Fund, will be capitalized "in excess of $100 million," according to a person with knowledge of the matter who was not authorized to comment publicly. For Burbank-based Warner Bros., the deal is seen as a way to cultivate relationships in China's creative community, this person said. The studio's Chinese partners in the pact are CMC Capital Partners, a state-backed private equity firm; and Shanghai Media Group, a media and...
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Warner Bros., Brett Ratner cut deal to create Chinese investment fund
Warner Bros. is partnering with filmmaker Brett Ratner and two Shanghai-based companies to create a fund that will invest in film, television and live entertainment projects targeting Chinese audiences.
The entity, called the Creative Fund, will be...
Annals of corporate co-opting: Another 'independent' news site is born
The ingenuity of big corporations knows no bounds, especially when it comes to disguising self-interested PR as objective information. Say hello to the latest such effort, a website devoted to communicating information about "sustainable" --...
Bruce Rosenblum joins Legendary Entertainment
Legendary Entertainment has a new man of steel.
Monday, the closely held entertainment company announced that it has tapped Bruce Rosenblum, the former top television executive at Warner Bros., to be its president of television and digital media.
Thomas...
Weinstein Co. and Cary Woods Pictures announce production deal
Weinstein Co. and Cary Woods Pictures, which worked together on "Swinger" and "Scream," are looking to re-create past success.
TWC is partnering with Woods on an exclusive first-look production deal, the companies said...
Fullscreen launches platform for monetizing YouTube videos
Fullscreen, a digital media company with one of the biggest channels on YouTube, has helped build followings for five-second films and a dubstep violinist, and now it’s doing more to help creative types make money.
The Culver City company, founded in...
A non-SOPA broadside aimed at online piracy hotbeds
After months of talks with rights-holders, operators of some of the largest online advertising networks announced the steps they'll take to try to cut off online piracy hotbeds from the flow of marketing dollars. Their voluntary best practices drew praise...
Omnicom, Publicis merging to create global advertising behemoth
Two of the world's largest advertising holding companies -- Omnicom Group Inc. in New York and Publicis Groupe in Paris -- have agreed to merge into the world's largest agency with a market value that would exceed $35 billion.
The two companies announced...
Omnicom, Publicis merger could benefit rivals, spur other deals
The planned merger of Omnicom Group Inc. in New York and Publicis Groupe in Paris into the world's biggest advertising firm gives the combined company lots of clout.
The deal was designed to give the new company more leverage when negotiating...
After the coffee. Before trying to figure out why the Angels own the Yankees. Bringing Hollywood to Bollywood. The Wall Street Journal profiles Reliance Big Entertainment, the movie arm of the Indian conglomerate Reliance ADA Group that just made a ...
Sports rights fees are "totally out of control," a top advertising executive told a gathering of television executives today at an industry convention in Las Vegas. "Something's gotta give ... . I don't know how any broadcaster can continue to suffer these ...
If only all their movies were this dramatic. Walt Disney Co.'s efforts to unload Miramax Films may reach a climax within 24 hours. The Weinstein brothers and their financial partner Ron Burkle are in the final hours of their exclusive ...
Although the advertising market is showing renewed signs of strength along with the improving economy, it has not quite returned to 2008 levels. On Thursday, global advertising giant WPP's GroupM weighed in with a revised forecast for 2010. It said ...
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