Curated playlist
2016 mergers and acquisitions
- Talen EnergyTalen Energy filed for bankruptcy in May 2022, aiming to cut $4.5 billion of debt. Its creditors became owners.
- MiramaxDisney wanted The Lord of the Rings cut to one film, and Peter Jackson refused. Miramax sold the rights to New Line.
- Ultimate Fighting ChampionshipThe UFC was bought in January 2001 for just $2 million. Fifteen years later, its sale price was $4.025 billion.
- MyspaceIn March 2019, a botched server move erased 12 years of Myspace posts and photos. The site had no backup.
- Rotten TomatoesRotten Tomatoes got its name from a scene in the 1992 Canadian film Léolo. It began as a student project.
- LinkedInIn one day in February 2016, LinkedIn lost $10 billion in market value. Four months later, Microsoft agreed to buy it.
- Ebony (magazine)Ebony magazine's first issue sold out all 25,000 copies in 1945. John H. Johnson wanted a self-affirming voice.
- Fairmont Hotels & ResortsIn 1926, the Fairmont San Francisco gained a Penthouse Suite that could be reached by three secret passageways. That hidden detail belongs to Fairmont Hotels & Resorts, a Canadian luxury hotel chain that now operates more than 70…
- NBCUniversal Entertainment JapanNBCUniversal Entertainment Japan does not distribute Universal Pictures films in Japanese theaters.
- Krispy KremeKrispy Kreme is a doughnut company whose name is spelled wrong on purpose. The brand is a deliberate non-standard spelling of crispy cream, chosen for marketing effect. Its founder, Vernon Rudolph, lived from 1915 to 1973, and he did not…