Robert Sodmak
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Japan’s Toho Acquires 25 Percent Stake in Fifth Season

@Toho Co. Ltd Japanese studio Toho will pay $225 million to acquire a 25% stake in the U.S.-based indie film and television producer-distributor, Fifth Season. The investment from the producer of the current hit box office kaiju movie, Godzilla Minus One, is being made through Toho’s U.S. subsidiary, Toho International, Deadline is reporting. In the…

UFC’s Parent Company Endeavor to Merge with WWE and Promote Vince McMahon to Executive Chair

@Vince McMahon WWE and its parent company, Endeavor Group Holdings have signed an agreement to form a new, publicly listed company that will merge the sports entertainment powerhouse with UFC. Endeavor will hold a 51 percent controlling interest in the new company, with existing WWE shareholders owning a 49 percent interest, according to The Hollywood…