NEW YORK, Oct 15 — US sports equipment giant Nike and video game publisher Epic Games have acquired a “significant” minority stake in the media and entertainment company founded by basketball star LeBron James, bringing its valuation to US$725 million .
Founded in 2007, SpringHill has been the locomotive for James’s media, television, and businesses ventures. SpringHill also produces documentaries, video series and game shows, including “The Wall,” which is broadcast on NBC. Its other arms include consulting and event management.
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AirAsia group renames airline holding company to AirAsia Aviation Ltd | Malay Mail KUALA LUMPUR, Oct 14 — AirAsia Group Bhd’s has renamed its wholly-owned subsidiary AirAsia Investment Ltd to AirAsia Aviation Ltd following a reorganisation exercise to create a distinction between the group’s airline and digital businesses. In a filing with Bursa Malaysia today,...
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Franchise industry growing well in Malaysia, says minister | Malay MailPUTRAJAYA, Oct 14 — The franchise industry has grown well in Malaysia, with 614 local franchisors, 68 master franchisees and 408 foreign franchisors being registered under the Franchise Act 1998, said Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi. He said there...
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