Electronic Arts has announced that it’s sold itself in a $55 billion deal, and sold itself to an “investor consortium” made up of Saudi Arabia’s Public Investment Fund, Jared Kushner’s Affinity Partners, and the private equity firm Silver Lake. EA said the all-cash deal “positions EA to accelerate innovation and growth to build the future
50 Cent just scored a major win in Louisiana as Shreveport officials gave the green light to his $50 million entertainment district, a project city leaders are calling one of the largest economic investments in the region’s history. The Shreveport City Council voted Tuesday (September 23) to create the Film and Entertainment Gateway Economic Development District,
Nas landed a major win in his hometown as a $5.5 billion casino expansion project he backs in Queens received unanimous approval from a local advisory board, clearing a key hurdle in the race for one of New York’s coveted downstate casino licenses. The Queens Community Advisory Committee voted 6-0 in favour of the Resorts World
Floyd Mayweather Jr. bet on the underdog Terence Crawford to beat the super middleweight legend Canelo Alvarez last night at Allegiant Stadium in Las Vegas, Nevada. The 48-year-old Mayweather Jr. is gearing up for his own super fight now that his career dominating weight classes like Crawford are over. He’s set to fight the legendary
The Weeknd is aiming to secure a whopping $1 billion in financing using his chart-topping music catalog as collateral without giving up ownership of his rights. The Grammy Award-winning artist is working with Lyric Capital Group, a New York-based firm that specializes in music royalties, to structure a deal that would immediately deliver $250 million in
Brooke Hogan will reportedly not receive an inheritance from her late father, Hulk Hogan. Sources cited by TMZ claim that Brooke had herself removed from her father’s will in 2023, reportedly due to a lack of trust in the people surrounding him and a desire to avoid any future financial issues. The source suggests that
Beyoncé shattered records and redefined country music history with her Cowboy Carter tour, which pulled in $407.6 million across 32 sold-out stadium shows, making it the highest-grossing country tour ever and the fastest to hit the $400 million mark. The Cowboy Carter trek outpaced legendary runs by The Rolling Stones, Metallica and even her own Renaissance Tour,
Budden is pulling in seven figures every month from his podcast’s Patreon, according to a New York Times profile that breaks down his booming subscriber base and business model. The former rapper-turned-media personality is reportedly earning about $1 million per month through The Joe Budden Podcast’s Patreon, thanks to roughly 70,000 subscribers paying between $5 and $50 monthly. The
Nicki Minaj called out JAY-Z in a heated post on Twitter, claiming she’s owed hundreds of millions from the sale of TIDAL and has yet to see a dime. The dispute stems from JAY-Z’s sale of TIDAL to Square Inc., now known as Block, in 2021. Nicki Minaj, who was part of the original artist ownership
Currently, Shmurda is involved in substantial commercial real estate projects in New York, including a $20 million development in Times Square that includes a dispensary. Additionally, he has invested in a fertility clinic in Texas. Highlighting his business acumen, Shmurda emphasized the importance of diversifying income streams, noting that music alone rarely sustains long-term financial
