Fremantle has acquired a 25% stake in Henrik Bastin’s Fabel Entertainment, the international development and production outfit behind Prime Video’s cop drama series Bosch.
Netflix to Acquire Finland’s Next Games for $72 Million
02.03.2022 - 16:03 / variety.com
Todd Spangler NY Digital EditorNetflix, in its second games-related acquisition, plans to buy Next Games, mobile games developer based in Finland, for $72 million.Founded in 2013, Next Games has created games based on popular entertainment franchises, including story-driven puzzle game “Stranger Things: Puzzle Tales” and two based on hit zombie series “The Walking Dead.”Helsinki-based Next Games had about 120 employees at the end of 2021 and reported sales of approximately €27.2 million ($30 million) in 2020 with 95% of revenues generated from in-game purchases.The deal comes less than six months after Netflix’s acquisition of Night School Studio, a game developer best known for its supernatural mystery adventure title “Oxenfree.” Netflix has launched a selection of games, starting with handful of mobile titles, as an extension to its core video-entertainment for no extra charge. “Next Games has a seasoned management team, strong track record with mobile games based on entertainment franchises, and solid operational capabilities,” said Michael Verdu, VP of games for Netflix, in a statement.
“We are excited for Next Games to join Netflix as a core studio in a strategic region and key talent market, expanding our internal game studio capabilities.”Netflix’s deal for Next Games is expected to close in the second quarter of 2022, subject to customary closing conditions. Under the terms of the agreement, Netflix is offering €2.10 ($2.33) in cash per share of Next Games, for a total equity value of approximately €65 million ($72 million).AMC Networks, home of “The Walking Dead,” is a major shareholder in Next Games.
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deadline.com
10.03.2022 / 19:01
Fremantle Acquires 25% Stake In ‘Bosch’ Producer Fabel Entertainment
deadline.com
04.03.2022 / 21:02
A+E Networks Acquires Stake In Range Media Partners For About $50 Million
A+E Networks has taken a minority stake in management and production firm Range Media Partners. No financial details are being disclosed but the stake is believed to be in the high teens percent and the deal in the $50 million ballpark, with Range’s valuation at around $300 million. That is a hefty valuation, especially for a company that is just a year and a half old. It is close to what one of Hollywood biggest, most established management-production companies, 3 Arts, sold for in 2018 after 27 years in the business.
deadline.com
02.03.2022 / 16:55
Netflix Buys Finland’s Next Games, Creator Of ‘Stranger Things’ Mobile Game, In $72M Deal
Netflix has agreed to buy Next Games, the Finnish games developer which has credits including the Stranger Things: Puzzle Tales mobile game.
deadline.com
28.02.2022 / 23:43
Netflix Acquires YA Film ‘Hello, Goodbye, And Everything In Between’ From ‘To All The Boys’ Producer Ace Entertainment
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thewrap.com
28.02.2022 / 23:03
Netflix Acquires YA Rom-Com ‘Hello, Goodbye and Everything in Between’ From ‘To All the Boys’ Producers
2022 slate for a release later this summer. “Hello, Goodbye and Everything in Between” stars Jordan Fisher (“Work It”) and Talia Ryder (“Never Rarely Sometimes Always”). The romantic comedy is about a couple who made a pact to break up before college, only to find themselves retracing the steps of their relationship on their last evening as a couple.
justjared.com
27.02.2022 / 07:11
Rita Ora Wows in Blue Mini-Dress for Night Out in Milan
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justjared.com
27.02.2022 / 06:05
Joshua Jackson & Wife Jodie Turner-Smith Show Off Their Fashion A-Game at Gucci Show in Milan!
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justjared.com
26.02.2022 / 02:49
Gigi Hadid Walks Tod's Runway in Milan with Sister Bella - See Photos!
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26.02.2022 / 02:05
Lily James Wears Sexy Cut-Out Outfit for Versace's Milan Show
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25.02.2022 / 23:25
Pregnant Rihanna Channels Cleopatra, Bares Baby Bump at Gucci's Milan Fashion Show
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justjared.com
25.02.2022 / 22:13
Euphoria's Chloe Cherry Walks the GCDS Runway at Milan Fashion Week
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justjared.com
25.02.2022 / 20:13
Julia Fox Wears a Sheer Red Balaclava & Ugg Boots During Milan Fashion Week 2022
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justjared.com
25.02.2022 / 19:23
Bella Hadid & Boyfriend Marc Kalman Grab Coffee During Milan Fashion Week
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24.02.2022 / 22:01
Kim Kardashian Turns Heads in a Chic Black Ensemble During Milan Fashion Week 2022
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usmagazine.com
24.02.2022 / 18:33
Kim Kardashian! Julia Fox! The Best Celeb Street Style From Milan Fashion Week 2022: Photos
Fashion month continues! With New York and Paris checked off the list, celebs have made their way to Italy for Milan Fashion Week — and the street style is already off the charts.
justjared.com
24.02.2022 / 08:23
Kim Kardashian Slips Into Black Leather Outfit for Night Out in Milan
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justjared.com
24.02.2022 / 03:41
Taika Waititi & Rita Ora Couple Up For Fendi Fashion Show in Milan
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justjared.com
23.02.2022 / 23:01
Kim Kardashian Arrives in a PVC Leather Look for Milan Fashion Week 2022
Kim Kardashian is ready to see some fashion shows.