CKX, Inc. (NASDAQ: CKXE) is up for sale.This morn the company confirmed that it is so in discussions regarding a potential transaction involving the sale of the company.This is not your typical merger, not at all.CKX owns the rights to the IDOLS, which of course is the American Idol series and local Idols series which have aired in more than 100 countries.
Simon Fuller set to take helm at CKX According to sources and analysts close to the Nasdaq listed group the table of directors is silent to be gearing up to ask Mr Fuller to carry over the helm as the part he presently runs 19 Entertainment generates the bulk of the company 8217 s profits Mr Fuller is silent to be speaking to the the CKX board of directors acirc 8364 8220 of which he is a member acirc 8364 8220 about the move which will catapult him to the helm of the party that bought 19 Entertainment his talent company for Acirc pound 64 5m plus share options in 2005 A source familiar with the office said 8220 Fuller Read the rest of this entry »
IAC InterActiveCorp NASDAQ IACI senior vice president of M amp A and finance Joey Levin is taking over as chief executive of the company s Mindspark Interactive Network Also moving over is IAC SVP of corporate development Mark Stein who will become Mindspark s chief strategy officer The moves come as IAC chairman and CEO Barry Diller looks to add still more content to the patchwork of branded traditional and Web properties his company already owns In announcing third quarter earnings Diller said Our loyalty to content production is real and we re passing to invest We have ambitions to produce programming of all lengths a Read the rest of this entry »