A consortium of investors led by The Walt Disney Company is currently engaged in advanced talks to invest in Bus Online, China’s leading in-bus digital media and advertising company, sources tell Reuters.
The deal, which would provide Disney with a new platform to promote Mickey Mouse in China, is oddly said to involve Google, which is a minority investor in the consortium according to the news… → Read More
LA-based Sometrics has secured a Series B round of venture capital, led by Walt Disney Company-affiliated Steamboat Ventures and joined by previous investors The Mail Room Fund and Greycroft Partners. In total, $4 million was injected into the fledgling company, we’ve learned.
That brings the total invested in the startup to $5.55 million. The first round was raised back in May 2008. It was the… → Read More
The Walt Disney Company has agreed to acquire Marvel Entertainment in a stock and cash transaction, the companies announced this morning. Under the terms of the agreement and based on last week’s closing price of Disney, Marvel shareholders would receive a total of $30 per share in cash plus approximately 0.745 Disney shares for each Marvel share they own.
Based on the closing price of Disney… → Read More
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