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With the European Space Agency’s Rosetta project having come to a dramatic end, project scientist Matt Taylor opened up to U.K. publication The Guardian in a revealing interview on what may be next for ESA after the comet-chasing spacecraft crash-landed into 67P/Churyumov-Gerasimenko. The Rosetta spacecraft was launched in 2004, and created a buzz several times

In a journey from the museum, the two Miura examples recreated the opening sequence of the 1969 film The Italian Job (and not the 2003 remake), where the Miura was shown driving up the Italian Alps – state road 27 through Great St. Bernard Mountain, which isn’t too far away from Lambo’s Sant Agata Bolognese

BMW has some interesting plans to disrupt the automotive space, and these include the release of what it calls a flagship electric car — the iNEXT. And while information on the car is still limited, it does show a lot of promise ahead of its projected launch and release some five years from now. The

Following the Obama administration’s release of new electronic record keeping rules, union groups and other industry organizations raised their concerns about possible loopholes in the new OSHA rules on electronic record keeping. Chief among the concerns is how the rules allegedly don’t do much to improve worker safety. The rule published Wednesday by the Occupational

Fiat Chrysler Automobiles has launched a new limited-edition version of its Ram 1500 pickup – the 2016 Stinger Yellow Sport, adding to a growing list of exclusive Ram pickup variants. And, as its name implies, it comes with a distinctive yellow-and-black paint job reminiscent of the decade-old Rumble Bee variant. “The Ram 1500 Sport offers

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Japanese firm SoftBank invests $250 million in talent agency

Japanese finance and telecom giant SoftBank has invested $250 million into talent and fashion firm

SoftBank teamed with Silicon Valley investor Silver Lake, its private equity partner, for the deal, which is meant to accelerate WME | IMG’s global growth through new investments, acquisitions and joint ventures.

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The deal gives SoftBank about 8% of the equity in the Beverly Hills-based talent agency and values the agency, its content and event production operations at about $5.5 billion, according to the Financial Times, which first reported the investment.
“We’re thrilled to welcome industry leader SoftBank to WME | IMG,” said the agency’s co-chief executives, Ariel Emanuel and Patrick Whitesell, in a statement on Wednesday. “SoftBank brings a unique industry perspective and a commitment to help us deliver valuable new opportunities to our clients and partners in markets around the world.”

SoftBank’s director Ron Fisher, who managed the investment process, cited WME | IMG’s management team’s “strong record of performance and transformation at the intersection of entertainment, sports and fashion,” and said he looks forward to supporting the firm as it “advances the next phase of its growth, further developing and driving its client and content offerings.”

In October 2014, the Japanese firm invested $250 million in Legendary Entertainment, its first investment in a Hollywood studio, as it sought to bring more content to its mobile and digital networks. At the time, the company was exploring the idea of buying Glendale-based DreamWorks Animation for $3.4 billion. It reportedly sold its stake in Legendary as part of the $3.5 billion Dalian Wanda Group purchase in January.
In September, the telecom giant joined theater chain Cinemark to invest in League Gaming Inc., a Santa Monica start-up that temporarily turns movie theaters into makeshift arenas for competitive video-gaming. It also reached a partnership deal with Netflix when the streaming service launched in Japan in the fall.

The rapidly diversifying WME | IMG represents artists and creators across every entertainment medium and has expanded over the years to include athletes, chefs, stylists and models. It also puts on live fashion and culinary events, and globally franchised cultural festivals.

In 2015, the agency completed 12 acquisitions, including the Professional Bull Riders and Miss Universe.

Related

With the European Space Agency’s Rosetta project having come to a dramatic end, project scientist Matt Taylor opened up to U.K. publication The Guardian in a revealing interview on what may be next for ESA after the comet-chasing spacecraft crash-landed into 67P/Churyumov-Gerasimenko. The Rosetta spacecraft was launched in 2004, and created a buzz several times

In a journey from the museum, the two Miura examples recreated the opening sequence of the 1969 film The Italian Job (and not the 2003 remake), where the Miura was shown driving up the Italian Alps – state road 27 through Great St. Bernard Mountain, which isn’t too far away from Lambo’s Sant Agata Bolognese

BMW has some interesting plans to disrupt the automotive space, and these include the release of what it calls a flagship electric car — the iNEXT. And while information on the car is still limited, it does show a lot of promise ahead of its projected launch and release some five years from now. The

Following the Obama administration’s release of new electronic record keeping rules, union groups and other industry organizations raised their concerns about possible loopholes in the new OSHA rules on electronic record keeping. Chief among the concerns is how the rules allegedly don’t do much to improve worker safety. The rule published Wednesday by the Occupational

Fiat Chrysler Automobiles has launched a new limited-edition version of its Ram 1500 pickup – the 2016 Stinger Yellow Sport, adding to a growing list of exclusive Ram pickup variants. And, as its name implies, it comes with a distinctive yellow-and-black paint job reminiscent of the decade-old Rumble Bee variant. “The Ram 1500 Sport offers