Exclusive: Amid a streaming-spurred frenzy for music catalog rights, Multimedia Music has acquired film and TV scores from nine-time Oscar nominee James Newton Howard.
Pricing for the catalog deal was not specified by the parties, but the transactions follows a $100 million funding round by Multimedia. The company, with offices in LA and London, is led by industry veterans Phil Hope and James Gibb in partnership with Atlantic Screen Music. Plans call for the funds raised from Metropolitan Partners Group and Pinnacle Bank to go toward acquisitions of other film and TV catalogs from composers, production companies or other rights holders.
With streaming music experiencing a boom, a string of deals have been sealed in recent months for the catalogs of major artists like Bruce Springsteen, Bob Dylan, James Brown and many others. Valuations for the priciest of those transactions, many of which include publishing rights, have surpassed $500 million. Film and...
Pricing for the catalog deal was not specified by the parties, but the transactions follows a $100 million funding round by Multimedia. The company, with offices in LA and London, is led by industry veterans Phil Hope and James Gibb in partnership with Atlantic Screen Music. Plans call for the funds raised from Metropolitan Partners Group and Pinnacle Bank to go toward acquisitions of other film and TV catalogs from composers, production companies or other rights holders.
With streaming music experiencing a boom, a string of deals have been sealed in recent months for the catalogs of major artists like Bruce Springsteen, Bob Dylan, James Brown and many others. Valuations for the priciest of those transactions, many of which include publishing rights, have surpassed $500 million. Film and...
- 2/9/2022
- by Dade Hayes
- Deadline Film + TV
Comcast NBCUniversal has announced plans to launch SportsTech, a global accelerator for sports technology startups, this summer.
SportsTech will unite three of the company’s sports brands — NBC Sports, Sky Sports and Golf Channel — with Nascar, U.S. Ski & Snowboard and USA Swimming. Venture capital division Comcast Ventures will also participate in the accelerator, which is the third created by Comcast NBCU in the past three years.
Each participating entity will serve on an advisory committee steering the priorities of SportsTech, which will be based in Atlanta at The Battery/SunTrust Park, headquarters of Comcast Cable’s Central Division. Startups will gain access to industry relationships, mentorship and partnership opportunities.
Beginning in August 2020, SportsTech will offer a three-month program for as many as 10 startups. Initial focus areas will include media and entertainment; fan and player engagement; athlete and player performance; team and coach success; venue and event innovation; fantasy sports...
SportsTech will unite three of the company’s sports brands — NBC Sports, Sky Sports and Golf Channel — with Nascar, U.S. Ski & Snowboard and USA Swimming. Venture capital division Comcast Ventures will also participate in the accelerator, which is the third created by Comcast NBCU in the past three years.
Each participating entity will serve on an advisory committee steering the priorities of SportsTech, which will be based in Atlanta at The Battery/SunTrust Park, headquarters of Comcast Cable’s Central Division. Startups will gain access to industry relationships, mentorship and partnership opportunities.
Beginning in August 2020, SportsTech will offer a three-month program for as many as 10 startups. Initial focus areas will include media and entertainment; fan and player engagement; athlete and player performance; team and coach success; venue and event innovation; fantasy sports...
- 1/14/2020
- by Dade Hayes
- Deadline Film + TV
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