Chinese Real Estate Firm Risesun To Invest $82M In Czech Entertainment Complex
Hebei province-based Risesun Real Estate Development Co. has signed an agreement with the government of the South Moravian region of ⌠Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
Private Equity Firm GTCR Invests In Live Events Ticket Seller Vivid Seats LLC
Private equity firm GTCR on Tuesday said it's made a strategic investment in Vivid Seats LLC, which sells tickets for live sports, concerts and theater events a la Ticketmaster, owned by Live Nation Entertainment and eBay Inc.-owned StubHub. The amount of the investment was not disclosed, but as part of the transaction, GTCR will work closely with Vivid Seats co-founders Jerry Bednyak and Eric Vassilatos as the company grows, focusing on developing the company's technology and service.
Fertitta Brothers Launch $500M Investment Fund
Fresh off their $4 billion sale of mixed martial arts promotion company UFC last year, the Fertitta brothers have launched a $500 million private investment firm that will focus on consumer-facing companies in the technology, media and entertainment sectors.
Fertitta Capital Launches With $500M
Fertitta Capital, a new private investment firm focused on consumer-facing companies in the tech, media and entertainment sectors, has launched with a $500 million investment from Frank and Lorenzo Fertitta. Nakisa Bidarian will serve as CEO and co-founder of the firm.
New PE Firm Vision Venture Partners Debuts
Beverly Hills, California-based Vision Venture Partners, a new private equity firm, has launched. The firm has already made undisclosed investments in the hyper-growth esports, digital entertainment and lifestyle food and beverage sectors. VVP was founded by Amit Raizada, Rick Fox and Stratton Sclavos.
Blackstone Keen To Transform Retail Landscape
Team Nexus will look at delivering world class shopping and entertainment destinations which will transform how the consumers shopped over the last decade or so.
Why Success In Gaming Is Like Success In VC: Kevin Chou, Former Canaan Partner | Podcast
Kevin Chou is co-founder and CEO of Kabam, a world leader in mobile free-to-play games. At Kabam, Kevin catapulted revenue to $400 million and a valuation of more than $1 billion in 2014. Under Kevin’s leadership, Kabam has raised more than $240 million from venture and strategic investors, including some of the world’s largest entertainment and internet companies such as Alibaba, Google, Intel and Warner Brothers. Before Kabam, Kevin worked at Canaan Partners, Kabam’s initial investor and where he invested in 14 consumer technology and online media companies.
Pritzker, Redwood Capital Form A Classic Family Office Club Deal
The Pritzker Organization, the family investment group of Thomas Pritzker, has teamed up with fellow family group Redwood Capital Investments and private equity house Stephens Capital Partners, to buy broadband communications and entertainment business, Hargray Communications Group. No terms of the deal were disclosed.
Jay Z's Roc Nation Is Launching A Venture Fund To Invest In Early-stage Startups
Jay Z's entertainment company is adding startup investing to its repertoire. Roc Nation, which Jay Z founded along with Jay Brown in 2008, is launching a "startup platform" called Arrive to invest in early-stage startups and help those companies build their brands.
Amazon Web Services Acquires Media Rendering Startup For Undisclosed Sum
Amazon Web Services has acquired Thinkbox Software, which makes technology used by media and entertainment architects and engineers to manage render farms — large systems for processing computer-generated graphics and video.