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The Pacha Group CEO on the Club’s New York Opening: ‘I Don’t Think I Could Have Had a Happier Moment’
After a saga at the club once located at Pacha New York site, The Pacha Group CEO Aloki Batra and his team are celebrating the launch and readying another new club opening at the site in November.
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Banijay and All3Media Complete $8 Billion Merger, Set London Headquarters
Banijay Entertainment and RedBird IMI-owned All3Media have completed their $8 billion merger, forming what the companies call “the world’s largest independent production company.” Despite Banijay’s French origins, the combined business — trading as Banijay Entertainment — will be headquartered in London, a boost for the UK’s creative sector. The venture will be owned equally by…
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Banijay & All3Media Complete Merger, Creating $8BN Production-Distribution Giant
Banijay Entertainment and All3Media have completed their merger, forming a London-based production and distribution company worth around $8 billion (£6bn) that makes and sells shows including The Traitors, Big Brother, MasterChef and Peaky Blinders. The combined group, which retains the name Banijay Entertainment, becomes what its leadership describes as the world’s largest independent media content…
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New York Times and Other News Outlets Accuse OpenAI of Lying in Discovery, Demand Legal Sanctions Against AI Giant
The New York Times and several other news organisations have filed a motion for sanctions against OpenAI, accusing the AI company of concealing for more than two years that it could search the training datasets and output logs behind its models. The outlets allege that OpenAI initially claimed it was unable to access such data,…
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Michael Fassbender’s Production Company DMC Expands in Ireland Following Investment From Fine Point Films
Michael Fassbender’s production company DMC is expanding its Irish operations after receiving investment from Trevor Birney’s Fine Point Films into its Dublin arm, DMC Entertainment. Announced at the Galway Film Fleadh, the deal deepens ties between two companies that both worked on the Irish breakout hit “Kneecap”, and reflects growing momentum and confidence in Ireland’s…
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Anthropic, OpenAI, and SpaceX are bigger than the last 25 years of tech exits
SpaceX has floated on public markets at a $1.77 trillion valuation, with AI firms Anthropic and possibly OpenAI expected to follow, and their combined scale is drawing attention for eclipsing decades of technology exits. According to the latest NVCA-PitchBook Venture Monitor report, cited by TechCrunch, these three offerings together are set to “generate more value…
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Ari Aster & Lars Knudsen Join Doc ‘Crows Are White’ As Exec Producers; Film Gets U.S. Release Date
Filmmakers Ari Aster and Lars Knudsen have joined the documentary Crows Are White as executive producers through their Square Peg banner, marking the company’s first foray into documentary film. The move coincides with the announcement of a US theatrical release for the feature, the debut of director Ahsen Nadeem, giving the previously festival-only title a…
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Ex-Pineapple Street Pair Launch New Podcast Shingle, Set Projects With Dan Taberski, Amy Poehler & Patrick Radden Keefe
Two former senior executives of Pineapple Street Studios have launched a new podcast production company, Please and Thanks Productions, roughly a year after the acclaimed studio was shut down following the bankruptcy of its owner, Audacy. Joel Lovell, previously Executive Editor, and Henry Molofsky, an Executive Producer, were both at Pineapple Street from its 2016…
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Sony Music to Shutter Newly Unionized Punk Merch Warehouse
Sony Music has announced it will close a Minneapolis warehouse run by Kings Road Merch, which fulfils merchandise for punk acts including Rancid, Descendents, Dropkick Murphys and Converge, prompting staff to accuse the company of union-busting. Warehouse workers had voted unanimously to unionise on 11 May this year under Teamsters Local 970, citing pay discrepancies…
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Kiko Kostadinov and ASICS Release the ILARGI FF II tabi