Fox Corp. to Buy $265 Million Majority Stake in Credible Labs

Fox Corporation has entered into an agreement to buy a majority stake in the consumer finance marketplace Credible Labs Inc., the company announced Sunday. As part of the merger agreement, Fox Corp. will pay $265 million for 67% of the company in addition to a $75 million growth capital commitment to Credible Labs over approximately [...]Stu Rosen, best known for his work as the creator of “Dusty’s Treehouse,” died Sunday after a battle with cancer, his cousin Donna Siegel confirmed on Facebook.

The CW is going to be the exclusive in-season streaming home for its new series going forward. Beginning with this season’s freshman shows, namely “Batwoman,” “Nancy Drew,” and “Katy Keene,” the CW’s series will stream exclusively on its digital platforms throughout the full current season. After the season finale of each new show, the full [...]

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Fox Corp. to Buy Majority Stake in Credible Labs for $265 Million as Part of Digital StrategyFox Corp. will buy 67 percent of the company and commit up to $75 million of growth capital over the next two years. I thought they just allowed Russia to handle their digital strategy
Source: THR - 🏆 411. / 53 Read more »