Disney has been hit with a lawsuit in Los Angeles Superior Court by film financier TSG, which claims that the media giant used “nearly every trick in the Hollywood accounting book” to hoard hundreds of millions in profit.
28.07.2023 - 06:47 / deadline.com
European consolidator Asacha Media Group has acquired a majority stake in Magic of Disney’s Animal Kingdom producer Arrow International Media.
This marks the second UK-based factual group to join Asacha’s ranks following a 2021 deal for Wag Entertainment.
We hear Arrow had been on the block for some time and the deal is likely to value the company in the low eight-figure range. Under terms of the agreement, Arrow bosses Tom Brisley and Iain Pelling will remain as co-Managing Directors, while John Smithson will step back.
Brisley and Pelling will retain a minority stake in Arrow, similar to the structure of Asacha’s previous acquisitions. Brisley will become an Asacha shareholder, alongside the business’ founders and other subsidiary bosses. Smithson, who previously co-founded Darlow Smithson Productions, will deliver his current projects and then work independently, with Arrow and Asacha having a first look at his new projects.
The trio founded Arrow in 2011 and has become of the UK’s main indie suppliers of true crime programming and currently makes around 100 hours a year across genres such as history, nature, adventure and science. Its currently slate includes Investigation Discovery shows See No Evil and American Monster, Disney+ and Nat Geo’s Magic of Disney’s Animal Kingdom and the BBC’s Seven Days on Mars.
The deal comes at an interesting time for Asacha. We hear its founders and majority shareholder Oaktree Capital Management have jointly asked London-based financial advisor to assess refinancing options, with a potential change in shareholders possible. Asacha is profitable, sources close to the privately-owned company tell us, and has been expanding through deals such as today’s deal for Arrow.
Asacha has
Disney has been hit with a lawsuit in Los Angeles Superior Court by film financier TSG, which claims that the media giant used “nearly every trick in the Hollywood accounting book” to hoard hundreds of millions in profit.
Ivanka Trump might be getting a new neighbor. Jeff Bezos reportedly purchased a $68 million home located in ‘Billionaire’s Bunker,’ the luxurious area in Miami where a growing list of celebs are located, including the Trump-Kushners, Tom Brady, and more. Ivanka Trump and Jared Kushner take their kids to the Mets gameLauren Sanchez dazzles at her engagement party with Kris Jenner in attendanceBezos’ home has three bedrooms and is located by the water, according to a Bloomberg report.
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Blackpool Air Show is back this weekend and thousands of spectators are expected to line the promenade to watch the spectacular aerial displays. An impressive range of aircraft will take to the skies above Blackpool Tower on August 12 and 13 during the family-friendly event.
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Howdy, Insider crew. It’s the traditionally quiet summer season in TV and film land but European festivals, big-ticket M&A and Middle Eastern politics have ensured it’s not stayed quiet. Jesse Whittock guiding you through.
Post Malone is seriously indulging his nerdy side.
Jennifer Lopez and Ben Affleck are having a little bit of summer fun!The «On the Floor» singer and her husband had a cheeky little shopping trip on Monday, when they visited a local surf shop in the Southampton, New York. During their stop into the Flying Point Surf Shop, 54-year-old Lopez picked up a shirt for the star that read, «Woke Up Sexy As Hell Again.» According to an eyewitness, the pair had a good time at the shop.«Jennifer picked out a T-shirt for Ben that said, 'Woke Up Sexy As Hell Again,'» the eyewitness tells ET.
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Nick Vivarelli International Correspondent Franco-Tunisian film and TV entrepreneur Tarak Ben Ammar is expanding the scope of his Italian operations by buying local unscripted production outfit Blu Yazmine, while also entering talks to build a large studio complex in Rome. Though Ben Ammar’s ambition to build sprawling new filming facilities in the Italian capital are in advanced talks but not fully concrete, the purchase of a majority stake in Blu Yazmine via his Rome-based Eagle Pictures has been closed.
‘Colin From Accounts’ Bags Trio Of Wins At Logies
A Florida state court judge declined to dismiss The Walt Disney Co.’s effort to toss a lawsuit brought by the Ron DeSantis-appointed board that now oversees a special district covering the company’s Florida properties.
Elsa Keslassy International Correspondent Asacha Media Group has acquired a majority stake in leading U.K. factual producer Arrow International Media. The company’s recent hits include “See No Evil” and “American Monster” for Investigation Discovery, “Magic of Disney’s Animal Kingdom” for National Geographic and Disney+ and “Seven Days on Mars” for the BBC.
Brent Lang Executive Editor Magnolia Pictures has acquired North American rights to “Immediate Family,” director Denny Tedesco’s follow-up to his acclaimed documentary “The Wrecking Crew.” That earlier film, which Magnolia also released, followed the first wave of studio musicians in the ’60s. “Immediate Family” takes up the story where “The Wrecking Crew” ended, taking a deep dive through some of the most famous and influential session musicians from the 1970s.
Supermarkets are having something of a moment when it comes to their fashion lines, with everyone from ASDA’s George to Sainsbury’s TU Clothing stocking some amazing summer buys. Although Tesco’s F&F brand has long been lauded as a great option for affordable and chic clothing options, it seems the supermarket has taken it one step further and launched its very own Tesco-branded fashion.
Elsa Keslassy International Correspondent While Greta Gerwig’s girl-power blockbuster “Barbie” is ruling over the French box office, another much younger female-led franchise, “Miraculous: Ladybug & Cat Noir” has managed to pull approximately €8 million ($8.9 million) at the local B.O., from more than 1.1 million tickets, since bowing on July 5. Budgeted around $80 million and directed by Jeremy Zag, “Miraculous: Ladybug & Cat Noir” ranks as one of France’s most ambitious animated films to date. Featuring eight original songs, a queer storyline and a postcard-worthy Parisian backdrop, the musical film broke ground as the first female-powered superhero movie set in the French capital. Even as it faces stiff competition from “Barbie” and Christopher Nolan’s “Oppenheimer,” “Miraculous: Ladybug & Cat Noir” has enough legs to match or surpass recent non-U.S. animated hits such as “Ballerina,” which sold 1.8 million tickets in France. It garnered 318,144 admissions on its opening day in theaters, a record for a French animated film. In Germany, the movie sold 586,148 tickets in three weeks and is currently the leading family title at the box office.
French lawmakers are proposing new legislation aimed at protecting media independence amid growing concerns over big business interference and politicization in the sector in France.
The FIFA Women’s World Cup has officially kicked off, and it’s a tournament of firsts as both Australia and New Zealand become the first countries to co-host the event. With fans eager to see if England's The Lionesses can maintain their champion's title, the team has teamed up with high street giants Marks and Spencer as the official tailor of the England senior women’s team.
Brent Lang Executive Editor Abramorama has acquired North American distribution rights for the feature-length documentary “Billion Dollar Babies: The True Story of the Cabbage Patch Kids” from NBCUniversal Syndication Studios and Believe Entertainment Group. The film is directed by Andrew Jenks (“The Zen of Bobby V”) and charts the meteoric rise of the dolls that set in motion the modern day Black Friday craze. It is narrated and executive produced by Emmy- and Tony Award-winning actor Neil Patrick Harris. “Billion Dollar Babies” includes the first interview with Cabbage Patch Kids’ creator Xavier Roberts in over 20 years, as well as sit-downs with journalistConnie Chung,and former Coleco marketing head Al Kahan. The film world premiered at the 2022 Tribeca Festival. Abramorama is planning a theatrical release for this fall.
sleep with hundreds of girls and it’s never affected our relationship.“Sleeping with that gentleman has been amazing for both her career and our business!”Lena, also known as Lena The Plug, claimed the experience left her in “pain for days” because she had sex for “40 minutes” and alleged her co-star’s penis was “bigger” than her husband’s.Jason later stirred the pot some more by suggesting that he was better at doing the X-rated act with Lena, than what her husband could.“(I) 100 per cent still f**ked Lena better,” he said in an interview with The Fan Bus.“I‘m pretty sure it probably felt different for her because love is involved and emotions, but as for the physical aspect of getting f**ked, obviously yes (I did it better).”Now, in a bid to get the last laugh, Adam surprised Lena with the luxury vehicle before sharing her reaction on TikTok.“Okay Lena, I’m so proud of you for doing your first ever scene that I decided that I wanted to get you a little something nice. Open your eyes,” Adam said.In response, Lena – who was wearing a fluorescent pink strapless dress which exposed a lot of cleavage – let out a shrieking scream.“What? This is for me? Oh my God,” she said, before the couple plunged into a quick display of public affection.“I really get to keep this?” Lena asked, to which Adam responded: “Anything for you my queen.”“Oh my God.