Games/Entertainment

PAG invests $250M in Universal Studios Japan

Asian buyout firm PAG has committed $250 million in theme park operator Universal Studios Japan. The said fund will be used to develop a new Harry Potter attraction and expand into other parts of Asia.

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An animal kingdom at Blackstone's turf

The Midtown Manhattan headquarters of Blackstone Group transformed to an animal kingdom as eight dignitaries from Sea World gave their private equity parent a visit.

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US gaming services firms Playhaven and Kontagent merge in multi-million dollar deal

San Francisco-based mobile game business engine Playhaven and mobile analytics firm Kontagent have decided to merge in an all-stock deal is said to be worth hundreds of millions of dollars.

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Wall Street relaxes due to exclusion of market-making in newly-signed Volcker Rule

The over 900 pages of preamble and regulations regarding the Volcker Rule appeared to have excluded market-making activities of Wall Street banks, said a Bloomberg report.

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Vice Media buys New York tech firm to explore content distribution

Vice Media has bought New York-based digital company Carrot Creative to experiment with ways to distribute its editorial content, in a deal valued between $15 million to $20 million, according to a source familiar with the transaction.

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Discovery mulls over Scripps Networks Interactive takeover

Discovery Communications is looking to buy Food Network majority owner Scripps Networks Interactive. The possible deal could bring in a combined market capitalization of $43 billion.

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San Francisco startup nWay raises 5M for ChronoBlade MMO game

San Francisco-based gaming startup nWay has raised USD5 million in a funding round led by Translink Capital to build out its ChronoBlade massively multiplayer online (MMO) game.

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ICAHN ENTERPRISES LP PROCEEDS FROM OFFERING WILL BE USED FOR INVESTMENTS IN ONE OR MORE OF COMPANY'S NINE MAJORITY OWNED OPERATING SUBSIDIARIES

ICAHN ENTERPRISES LP PROCEEDS FROM OFFERING WILL BE USED FOR INVESTMENTS IN ONE OR MORE OF COMPANY'S NINE MAJORITY OWNED OPERATING SUBSIDIARIES

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UK mobile games maker King delays IPO due to Candy Crush surge

UK-based mobile game maker King has delayed its initial public offering (IPO) until 2014 amid fears that its flagship game, Candy Crush Saga, is just a "one hit wonder," said UK-based newspaper.

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Programming robots for children maker Play-i nabs USD1.4 million for retail plans

Programming toy robot maker Play-i raised USD1.4 million from investors all over the world via its crowdfunding campaign on its website that lasted 31 days.

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Yahoo! buys online live concert platform Evntlive

Yahoo! Inc. on Friday confirmed its purchase of online live concert service Evntlive for an undisclosed sum. As a result of the deal, Evntlive will be shutting down and joining Yahoo!'s video team.

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Disney gains rights for future Indiana Jones films after Lucasfilm takeover

Following its USD4.6 billion purchase of Lucasfilm in 2012, Walt Disney Co. has secured marketing and distribution rights over future Indiana Jones installments under an agreement with Paramount Pictures.

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SFX acquires majority stake in European ticketing firm Paylogic

As part of its recent acquisition streak, SFX Entertainment bought a majority stake in European ticketing services company Paylogic in a deal valued at approximately USD16.5 million.

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AUSTRALIA'S NINE ENTERTAINMENT DEBUTS AT A$2.02/SHARE VS ISSUE PRICE OF A$2.05/SHARE

AUSTRALIA'S NINE ENTERTAINMENT DEBUTS AT A$2.02/SHARE VS ISSUE PRICE OF A$2.05/SHARE

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Demise of Blockbuster UK looms

Moorfields Corporate Recovery, the administrator for Blockbuster UK, said the video rental company is doomed to close after efforts to find a buyer had failed, a Bloomberg report said.

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