Aereo Inc., the controversial streaming-television service, has raised $34 million in funding as it looks to expand into additional cities.
Gordon Crawford, the fund manager whose views helped shape media industry mergers and acquisitions, will retire at year’s end after more than four decades at Los Angeles-based Capital Group Cos.
Lions Gate Entertainment Corp. relied on old-fashioned Hollywood schmoozing, legal wrangling and a stock deal with a friendly board member to fend off billionaire Carl Icahn ’s almost two-year hostile pursuit.
Carl Icahn, seeking to advance his bid for Lions Gate Entertainment Corp., urged Canadian regulators to invalidate a “poison pill” that makes a hostile takeover of the studio more costly.
Lions Gate Entertainment Corp.’s so-called poison pill has the support of 61 percent of shareholders with about two-thirds of votes cast, Vice Chairman Michael Burns said.
"I'm surprised he lasted as many years as he did commuting from Chicago."
- Gordon Crawford on Jun 15, 2012