U.S. financier Colony Capital may be in negotiations to buy a minority share stake in Legendary Entertainment. The Hollywood production company behind “Godzilla” and “Pacific Rim” is owned by China’s Wanda group. Bloomberg reported on Sunday that Colony had held talks with Wanda. It reported that Colony may use a new fund, Colony Media Partners [...
John Legere, T-Mobile’s trash-talking chief exec, claimed Friday that the $26.5 billion union of his company and Sprint is a “pro-consumer, pro-competition” deal. His comments came after proposed merger was OK’d by the Justice Department with the requirement that the new company sell wireless assets to Dish Network, on the theory that this would establish [...
Shonda Rhimes, Ryan Murphy, Ava DuVernay, Greg Berlanti, Mark Boal and John Wells are among the notable showrunners and screenwriters who have signed an open letter urging the WGA to move toward a negotiated settlement to end the impasse with Hollywood’s largest talent agencies. The signatories are throwing their support in the upcoming WGA West [...]Here’s one truth among a slew of rumors: Vivendi doesn’t need to sell Universal Music Group.