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#mergersandacquisitions

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IndieAuthors.Social News

Mexico: Hogrefe Buys Hugo Setzer’s Manual Moderno and Vesalius

Longtime Mexican Publisher and former IPA president Hugo Setzer continues as MD at Manuel Moderno.
The post Mexico: Hogrefe Buys Hugo Setzer’s Manual Moderno and Vesalius appeared first on Publishing Perspectives.
publishingperspectives.com/202

#Colombia #HugoSetzer #InternationalPublishersAssociation #MergersandAcquisitions #Mexico
@indieauthors

Publishing Perspectives · Mexico: Hogrefe Buys Hugo Setzer's Manual Moderno and VesaliusLongtime Mexican Publisher and former IPA president Hugo Setzer continues as MD at Manuel Moderno.
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AlsoPaisleyCat

Well, this observation on Sheri Redstone’s current situation rather says it all:

“The window has been extended, signaling that bid is being taken seriously as Redstone evaluates whether to go with an offer led by the heir to the Seagram family liquor fortune, Bronfman, or the heir to the Oracle software family fortune, David Ellison.”

In other words, a woman who inherited a multibillion dollar family legacy from a misogynistic father who trusted her so little that he carved it up rather than let her have control, is now obliged to chose which male heir to other family fortunes gets to buy it from her.

hollywoodreporter.com/business

The Hollywood Reporter · Paramount Signals Closer Consideration of Edgar Bronfman’s BidBy Erik Hayden
#Paramount#MergersAndAcquisitions#Patriarchy
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AlsoPaisleyCat

@ogtrekker

Sony-Apollo seem to want to be able to exploit longstanding IP without investing in it. This proposal is a value killer for audiences and for Paramount Global shareholders.

Whether Sponge Bob, Star Trek, Mission Impossible, Yellowstone or others in the Paramount catalogue, all of these valuable IPs originated in television not cinematic features.

In Merger & Acquisition terms, Sony-Apollo is clearly trying to buy IPs and treat them as cash cows to fund their primary business of selling film and streaming production.

My read is that they want exploit the IPs to pay for the Paramount studios and other production facilities/capacity to finance growth in Sony’s core entertainment business.

This will mean that IPs like Sponge Bob and Star Trek will be milked in the short term, but like many consumer product brands taken over this way, they are likely to lose relevance and vanish due to lack of fresh development and investment.

Sony-Apollo are as much as saying that developing and marketing successful television series isn’t in their wheelhouse so they just want to buy and run down established brands.

This makes sense for them but not for Paramount Global shareholders - whether the Redstones or the non-voting class B shareholders.

#ParamountGlobal#Sony#MergersAndAcquisitions
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AlsoPaisleyCat

The Paramount Global merger & acquisition melodrama is continuing (as it usually does when a family-controlled conglomerate is the target.)

👀

Deadline has a new report now that the original timeline on the Skydance/Redbird offer expired at midnight.

“Deadline hears that the committee may be lookin at a so-called “go shop” provision, which allows a public company to explore competing offers even it’s already has a firm purchase offer in hand. The duration of a go-shop period is usually one to two months. “

Enjoy.

#ParamountGlobal #StarTrek #MergersAndAcquisitions #Entertainment #Television #Movies @StarTrekChat

deadline.com/2024/05/skydance-

Deadline · Paramount, Skydance Exclusive Negotiating Window Ends But David Ellison Still In Mix; Par Board Meets, With Sony-Apollo Offer On The Table – UpdateBy Jill Goldsmith
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