Vice Media Group announced the completion of its US$350 million sale to a consortium of its former lenders, which consists of funds managed by affiliates of Fortress Investment Group LLC, Soros Fund Management and Monroe Capital.
Vice Media Group, which last month filed for Chapter 11 bankruptcy protection, is set to be acquired by investment companies Fortress Investment Group, Soros Fund Management and Monroe Capital.
FL Entertainment announced the creation of Banijay Events, a live events offering which will capitalize on the company’s expertise in content production, as well as expand its capabilities within the entertainment industry.
Genius Brands International announced that the company will be changing its name to Kartoon Studios. In connection with the name change, the company plans to transfer its listing from the Nasdaq Capital Market (“Nasdaq”) to the NYSE American exchange (“NYSE American”).
Two icons of the Australian screen, Deborah Mailman and Rachel Griffiths, are returning to the nation’s capital, for the final instalment of ABC’s award-winning political drama “Total Control.”