Drake has signed a new multifaceted deal with Universal Music Group that’s reportedly valued as high as $400 million.
The news was confirmed in UMG’s Q1 earnings call, as Variety reported. An official figure wasn’t revealed; insiders have pointed to the $400 million amount, although it could be even higher. One source described the deal as “LeBron-sized.”
Fresh off dropping the first single from his upcoming album, The Off-Season, J. Cole is taking his basketball talents to Africa.
Game of Thrones author and four-time Emmy winner George R.R. Martin has signed a five-year overall deal with HBO, according to The Hollywood Reporter.
Black Panther director and co-writer Ryan Coogler is taking his empire to the small screen and building a home within the Walt Disney Company.
Nasty Nas‘ pockets just got filthier. On Tuesday (Jan. 22), Businesswire announced that media tyrant Viacom has agreed to a definitive deal with Nas’ Queensbridge Venture Partners to acquire their Pluto TV streaming service for $340 million. Continue reading Nas’ Queensbridge Venture Partners Sells Pluto TV to Viacom for $340 Million →
Disney’s will-they-won’t-they relationship with 20th Century Fox has been going on for a few weeks now. Disney has flirted with buying Fox a few times only to back out, but it looks like this time it might actually go through, and possibly by the beginning of next week. But if the deal really does go through, have you even thought about the repercussions? Well, for starters, Disney would literally have part ownership of Batman.
Continue reading Disney Could Own Part of Batman If Deal With 20th Century Fox Goes Through →
Private-Equity firm Blackstone Group is planning to acquire Market Center in San Francisco, a 720,000 square-foot complex that consists of a 21-story tower and a 40-story tower.
Continue reading Blackstone’s commercial real estate deal in San Francisco is going to crush the market →