STX Entertainment

Indian streamer Eros announces merger with Hustlers maker STX Entertainment

Eros International, owner and operator of Indian entertainment streamer Eros Now, and entertainment company STX Entertainment have announced a stock-for-stock merger to create what is claimed to be the “first publicly traded, independent content and distribution company with global reach and unique positions in the United States, India and China.” STX Entertainment, founded in 2014, […]

Liberty Global invests in studio STX

Liberty Global has invested an undisclosed amount in new Hollywood studio STX Entertainment. Liberty Global chief programming officer Bruce Mann will join the STX board. Mann will joint leaders from private equity firms TPG and China-based Hony Capital, as well as Tencent, the Chinese internet giant, PCCW, the global telecommunications provider, and business interests of Gigi Pritzker and Dominic Ng, […]

Vice plans scripted push after $450m investment

North American millennial content giant Vice Media has received US$450 million from investment firm TPG, and plans to use the funds in part to push into scripted programming. Vice CEO Shane Smith told CNBC to deal values Vice at $5.7 billion. Part of the investment will go on establishing Vice Studios, which will produce “scripted […]

Major content firms pact for anti-piracy coalition

The Hollywood studios, leading SVOD services and key networks around the world have formed a global anti-piracy coalition. In total, 30 companies have come together to create the Alliance for Creativity and Entertainment (ACE) to combat illegal video and content downloads. These include Amazon, BBC Worldwide, CBS Corp., NBCUniversal, Paramount Pictures, Sony Pictures Television, Twentieth […]