By Gil Tanenbaum On Monday, December 12th, 2016
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Breaking: Sumner Redstone Pulls CBS Viacom Merger Proposal — Shares Plummet

Sumner Redstone and his daughter Shari Redstone have made the surprise move to halt the proposed merger of Viacom and CBS. The two entertainment companies are both controlled by the Redstones’ privately held More...

By Jewish Business News On Wednesday, November 30th, 2016
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Teddy Sagi Sells 12% Playtech Stake for $410 Million

Controlling shareholder of Playtech, Israeli billionaire Teddy Sagi has sold 12 percent of the online gambling platform which he founded. Sagi is pocketing £329 million ($412 million) from the sale. The number More...

By Gil Tanenbaum On Monday, November 28th, 2016
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Carter Swan Is Leaving Relativity Media

Carter Swan Is Leaving Relativity Media. He served as as vice president of development at Ryan Kavanaugh’s embattled company. Variety got the scoop on this story. I guess the word is out. After 10 incredible More...

By Jewish Business News On Monday, November 14th, 2016
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Playtech to Buy Online Finance CFH for Up to $120 Million

Gaming software development company, Playtech Cyprus Ltd., controlled by Teddy Sagi, has acquired Consolidated Financial Holdings (CFH) for up to $120 million. the acquisition will be made in two stages, More...

By Reggie Reiner On Thursday, November 10th, 2016
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Viacom Stumbles and Shari Redstone Rises

  Viacom is hurting, but its former chair’s daughter Shari Redstone is soaring. It’s owner Sumner Redstone is not the only one having troubles these days as Viacom had a terrible fiscal year More...

By Reggie Reiner On Tuesday, November 1st, 2016
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Tom Rothman in Trouble at Sony Pictures

Tom Rothman, Chairman of Sony Pictures Entertainment, is not too popular with the top execs at the company. Their have been rumblings about his leadership. According to an exclusive report in Variety, more More...

By Alan Gallindoss On Wednesday, September 21st, 2016
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Mattel Toy Giant Teams With Israeli StartApp to Bring Barbie and Other Toys to Life

  Israeli StartApp, an advertising platform for apps and mobile websites, is now teamed up with toys gaint Mattel in creating a digital presence for Barbie and other toys. “We are exceptionally excited More...

By Shai Genish On Wednesday, August 10th, 2016
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William Hill Rejects $4.16 Billion Takeover Bid From 888 and Rank

  UK bookmaker William Hill  has rejected a $4.16 billion (£3.2 billion) takeover bid from Israeli online gambling operator 888 Holding plc and Rank Group, the UK operator of Grosvenor casinos and More...

By Gali Raz On Wednesday, August 10th, 2016
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Casino Games Developer PLAYSTUDIOS Buys Israeli Startup Scene53

  US-based PLAYSTUDIOS, a developer of free-to-play casino games has acquired Israeli startup Scene53, a game studio, previously developed games platforms such as Shaker, specializing in real-time, More...

By Alan Gallindoss On Monday, August 8th, 2016
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Teddy Sagi Canceling Office Leases Amid Rising Layoffs Within Playtech Group

Teddy Sagi‘s online gaming giant Playtech PLC cut its business in Israel. The company inform the Azrieli Group Ltd., largest commercial developer, that it is reducing the space it will rent in Tel More...

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