Posts filtered by tags: LionTree[x]


 

Clubhouse put a big bullseye on social audio

I’ve previously written about Clubhouse (What makes Clubhouse great and what may cause its demise). Perhaps it’s boredom, or Zoom fatigue, but there’s something quite appealing these days about having social conversations without turning on a camera. The early buzz of Clubhouse (despite being invite-only and iOS having a total reach of about 2 million users) along with the rising popularity of podcasts has shown that consumers crave social audio interactions and that there’s plenty of room f...
Tags: Facebook, Twitter, Spotify, Instagram, La, Trends, Linkedin, Netflix, Reddit, Hotline, Jam, Voice Chat, Locker Room, LionTree, Aryeh Bourkoff, Stuart Butterfield


Overwolf raises $52.5M for its platform to build, distribute and monetize in-game user-generated content

Roblox, the gaming company that went public this month with a strong debut, changed the game (so to speak) for the role that creative input can play in making a game more loved, more engaging, and even more enterprising. Today, a startup that is taking a version of that model — focused on in-game apps and modifications — is announcing some funding and the launch of a new toolkit to double down on that opportunity. Today, a startup called Overwolf, which has built a popular platform for gaming fa...
Tags: Amazon, Gaming, Europe, Youtube, Funding, Tel Aviv, Tech, Skype, Sdk, Ugc, Marchand, Roblox, Overwolf, LionTree, Teddie Wardi, Insight Partners


Billionaire Richard Branson's Virgin Orbit has reportedly hired bankers to go pubic via SPAC merger

Virgin Orbit Richard Branson has reportedly hired bankers to take Virgin Orbit public via SPAC, The Wall Street Journal reported. The billionaire is said to be aiming for a $3 billion valuation.This move is consistent with his strategy of taking his companies public via blank-check listingsSign up here for our daily newsletter, 10 Things Before the Opening Bell.Billionaire Richard Branson has reportedly hired bankers to take his aerospace company Virgin Orbit public through a special purpo...
Tags: Trends, Markets, United Arab Emirates, Virgin, Virgin Group, Richard Branson, Wall Street Journal, Branson, South Carolina, Chamath Palihapitiya, SPAC, Palihapitiya, Credit Suisse Group, LionTree, Virgin Orbit, SPACs


Billionaire Richard Branson's Virgin Orbit has reportedly hired bankers to go public via SPAC merger

Virgin Orbit Richard Branson has reportedly hired bankers to take Virgin Orbit public via SPAC, The Wall Street Journal reported. The billionaire is said to be aiming for a $3 billion valuation.This move is consistent with his strategy of taking his companies public via blank-check listingsSign up here for our daily newsletter, 10 Things Before the Opening Bell.Billionaire Richard Branson has reportedly hired bankers to take his aerospace company Virgin Orbit public through a special purpo...
Tags: Trends, Markets, United Arab Emirates, Virgin, Virgin Group, Richard Branson, Wall Street Journal, Branson, South Carolina, Chamath Palihapitiya, SPAC, Palihapitiya, Credit Suisse Group, LionTree, Virgin Orbit, SPACs


Splice gets $55 million for its software bringing beats from bedrooms to bandstands

Splice, the New York-based, AI-infused, beat-making software service for music producers created by the founder of GroupMe, has managed to sample another $55 million in financing from investors for its wildly popular service. The github for music producers ranging from Hook N Sling, Mr Hudson, SLY, and Steve Solomon to TechCrunch’s own Megan Rose Dickey, Splice gained a following for its ability to help electronic dance music creators save, share, collaborate and remix music. The company’s popul...
Tags: TC, New York, Microsoft, Tech, Artificial Intelligence, Computing, Machine Learning, Goldman Sachs, Vice President, Louisiana, Financial Services, True Ventures, Skype, Hudson, Dfj Growth, Founder


The most important 2021 Predictions in entertainment tech and gaming

“It follows that the goal of forecasting is not to see what’s coming. It is to advance the interests of the forecaster and the forecaster’s tribe.” PHILIP TETLOCK, SUPERFORECASTING: THE ART AND SCIENCE OF PREDICTION Covid-19 accelerated the adoption of entertainment tech, gaming and commerce. But are these trends here to stay? 2020… where to start? If you look at the prediction lists of 2020, none (or at least very few), would have foreseen the chain reaction of Covid-19 to both enterpri...
Tags: Apple, Google, Amazon, Facebook, France, China, US, Samsung, Trends, Vogue, Andreessen Horowitz, Accenture, Aston Martin, Signal, Gamestop, App Annie


Quibi Enlists LionTree to Handle Sale of Assets

It could be quite a fire sale after Quibi’s nearly $2 billion flameout: The Jeffrey Katzenberg-founded company has tapped LionTree to manage the process of selling Quibi’s assets, following its decision to shut down. A rep for LionTree confirmed that the firm has been enlisted by Quibi in an advisory capacity to evaluate in-bound inquiries […]
Tags: News, Jeffrey Katzenberg, LionTree, Quibi


Industry insiders say buzzy millennial media company TheSkimm has been looking for an investor or buyer as user growth slows

Buzzy media darling TheSkimm has been looking for an investor or buyer to accelerate its growth, people familiar with the talks told Business Insider. TheSkimm has raised $28.4 million and is on track to generate $30 million in revenue this year, profitably, but its user growth has slowed, the sources said. The company wants to diversify its revenue with paid subscription apps, but media investment has dried up, and it's hard to get people to use new apps and pay for them. A company spokespers...
Tags: Nbc, Reese Witherspoon, Trends, Linkedin, Google Ventures, Oprah, 21st Century Fox, RRE Ventures, Taboola, Danielle Weisberg, Carly Zakin, LionTree, Business Insider Founded, Betsy Morgan, Business Insider TheSkimm, Group Nine Media TheSkimm


Industry insiders say buzzy millennial media company TheSkimm has been looking for an investor or buyer to accelerate its growth

Buzzy media darling TheSkimm has been looking for an investor or buyer to accelerate its growth, people familiar with the talks told Business Insider. TheSkimm has raised $28.4 million and is on track to make $30 million in revenue this year, profitably, but its user growth has slowed, the sources said. The company wants to diversify its revenue with paid subscription apps, but media investment has dried up, and it's hard to get people to use new apps and pay for them. A company spokesperson d...
Tags: Nbc, Reese Witherspoon, Trends, Linkedin, Fox News, Google Ventures, Oprah, 21st Century Fox, RRE Ventures, Taboola, Danielle Weisberg, Carly Zakin, Shepard Smith, LionTree, Business Insider Founded, Betsy Morgan


KKR sells United Group to BC Partners

BC Partners has acquired Amsterdam-based United Group, a media and communications services provider, from KKR. No financial terms were disclosed. KKR and United Group’s management team will retain a “substantial” minority stake in United Group as a result of the transaction. Morgan Stanley and LionTree advised BC Partners on the deal while Credit Suisse advised United Group. PRESS RELEASE London and Amsterdam, 04 March 2019 – BC Partners, a leading international investment firm, today announced ...
Tags: Europe, London, Trends, Tech, Credit Suisse, Amsterdam, Serbia, North America, Morgan Stanley, Group, KKR, BC Partners, PE Deals, KKR KKR, south east Europe, LionTree


LionTree’s Aryeh Bourkoff on Stock Market’s ‘Healthy Correction’ and What to Watch for in 2019

The stock market’s steady decline during the past few weeks has nerves on edge about the onset of a bear market and possible economic downturn to come. Aryeh Bourkoff, head of media-centric investment bank LionTree, sees the recent swings in key indices as a “healthy correction” and emphasizes that business fundamentals across corporate America remain […]
Tags: News, America, LionTree, Aryeh Bourkoff


One of tech and media's biggest investment bankers expects 2019 to be a year of innovation in audio, 5G and space tech — here's the full memo

LionTree Advisors founder and tech, media and telecom banker Aryeh B. Bourkoff warned employees to "brace themselves" for a year of uncertainty, looking forward to 2019. In his annual letter to LionTree staff, Bourkoff highlighted market turmoil and global politics as factors which will require industry leaders to be agile, curious and able to "self-correct" over the next 12 months. But there are also plenty of positive industry trends to look forward to, he said. He expects to see new product...
Tags: Congress, Disney, US, Trends, Netflix, Warner Media, LionTree Advisors, LionTree, Aryeh B Bourkoff, Bourkoff, Uber Lyft China


One of tech and media's biggest investment bankers expects 2019 to be a year of innovation in audio, 5G, and space tech — here's the full memo he sent to staff

Aryeh B. Bourkoff, a tech, media, and telecom banker who founded LionTree Advisors, warned employees to "brace themselves" for a year of uncertainty in 2019. In his annual letter to LionTree staff, Bourkoff identified market turmoil and global politics as factors that would require industry leaders to be agile, curious, and able to "self-correct" over the next year. But there are also plenty of positive industry trends to look forward to, he said. He said he expects to see new products and exp...
Tags: Congress, Disney, US, Trends, Warner Media, LionTree Advisors, LionTree, Aryeh B Bourkoff, Bourkoff, Uber Lyft China


LionTree expands team with new addition

LionTree LLC, an investment and merchant banking firm, has added Nick Tuosto to its San Franciso office. Tuosto will hold a senior position, according to source familiar with the firm. Previously, Tuosto was managing director and global co-head of internet and digital media at Bank of America Merrill Lynch. PRESS RELEASE NEW YORK and SAN FRANCISCO – September 6, 2018 – LionTree LLC (“the Firm”), a global investment and merchant banking firm focused on media, technology and telecommunications, to...
Tags: New York, San Francisco, Trends, People, Paris, Tencent, Vancouver, Kabam, Bank of America Merrill Lynch, San Franciso, IIM, Netmarble, LionTree, LionTree LLC, Aryeh B Bourkoff, New York San Francisco London


Investment Bank LionTree’s CEO on What Deal-Minded Media Players Need to Know

It’s hard for LionTree CEO Aryeh Bourkoff to sit still these days. During an hour-long interview at his Madison Avenue office, staffers frequently, and discretely, show him notepads with names of clients needing urgent advice from one of the most popular strategists in tech, media and telecom. “I don’t know a single media company today […]
Tags: Features, Netflix, Madison Avenue, LionTree, Aryeh Bourkoff, Media Moolah, Investment Bank LionTree


Former Xerox CEO joins LionTree’s EIR program

LionTree LLC, a investment and merchant banking firm focused on media, technology and telecommunications, has named Ursula Burns as an executive-in-residence. Burns is the former CEO of Xerox. PRESS RELEASE NEW YORK – SEPTEMBER 26, 2017 – LionTree LLC (“the Firm”), a global investment and merchant banking firm focused on media, technology and telecommunications, today announced that Ursula Burns is joining its Executive-In-Residence (“EIR”) Program. LionTree provides value to clients through uni...
Tags: New York, White House, Barack Obama, Trends, People, Paris, Xerox, Ursula, Burns, Ursula Burns, IIM, LionTree, LionTree LLC, Aryeh B Bourkoff, Export Council, VEON Ltd


PE-owned Presidio rolls out IPO

Presidio Inc, which is owned by Apollo Global Management, has debuted its IPO after pricing its 16.6 million shares at $14 per share. The stock began trading March 10, 2017 on the NASDAQ under the ticker symbol “PSDO.” J.P. Morgan and Citigroup served as the lead underwriters. Presidio is an IT solutions provider. PRESS RELEASE NEW YORK, March 09, 2017 (GLOBE NEWSWIRE) — Presidio, Inc. (“Presidio”) announced today the pricing of its initial public offering of 16,666,666 shares of its common stoc...
Tags: New York, US, Trends, IPOs, Barclays, Citigroup, Nasdaq, Morgan, Evercore ISI, U S Securities and Exchange Commission, RBC Capital Markets, Apollo Global Management, Apo, PE, Apollo Global Management LLC, Morgan Securities LLC


Goldman Sachs to provide $95 mln to MDC Partners

Goldman Sachs has agreed to invest $95 million in MDC Partners, a influential marketing and communications networks. The deal is expected to close in the first quarter of this year. LionTree and JPMorgan provided financial advice to MDC Partners on this transaction. PRESS RELEASE NEW YORK, Feb. 15, 2017 /PRNewswire/ — (NASDAQ: MDCA) — MDC Partners Inc. (“MDC Partners” or the “Company”) today announced that it has entered into a definitive agreement with an affiliate of the Merchant Banking Divis...
Tags: New York, Trends, Goldman Sachs, Jpmorgan, Company, Scott, Goldman Sachs Group Inc, Brad, MDC, MDC Partners, PE Deals, Merchant Banking Division of Goldman Sachs, Scott L Kauffman, LionTree Advisors, MDCA, MBD