STX Entertainment


Punk’d creator forms STX unscripted arm

US producer STX Entertainment has formed an unscripted television arm and appointed Punk’d creator Jason Goldberg to run it. Robert Simonds launched STX in 2014 as a film and scripted TV studio, but is now pushing into reality and unscripted shows as part of a “broader mission to create an integrated, diversified global entertainment company”. […]

Chinese conglom pays $3.5bn for Legendary

China’s Dalian Wanda is to acquire US studio Legendary Entertainment for US$3.5 billion. The Chinese conglomerate confirmed it had entered into a ‘merger agreement’ that would see it pay around RMB23 billion in cash for full control of Legendary. Previous investors such as Japan’s SoftBank and investment group Waddell & Reed are selling their stakes. […]