SPAC

Coming soon to BuzzFeed: robot-generated articles and quizzes. BuzzFeed, amid an economic downturn that last month led it to lay off 12% of its workforce, this year will increasingly rely on artificial-intelligence technology to help produce content, CEO Jonah Peretti said in an email to staff Thursday. In 2023, “you’ll…

Donald Trump has been allowed back on Twitter, Elon Musk has decided. Trump was kicked off Twitter on Jan. 8, 2021 — permanently, the company said at the time — for his role in the Jan. 6 deadly attack on the U.S. Capitol. Twitter said it banned Trump because he…

The whiplash-inducing rise and fall of American businessman Trevor Milton will be the subject of a new scripted project from Alex Gibney’s Jigsaw Productions, the Wall Street Journal and Story Force Entertainment. The project — currently exploring both feature and series adaptations — is based on WSJ’s popular “Bad Bets”…

Shibasish Sarkar’s New Jersey registered special purpose acquisition company (SPAC) International Media Acquisition Corp. (IMAC), of which he is chair and CEO, is acquiring India’s Reliance Entertainment Studios and Risee Entertainment. A filing with the U.S. Securities & Exchange Commission (SEC) on Oct. 22 reveals that the deal for the two…

Banijay Group CEO Marco Bassetti may be making a smart marketing move by delivering a Mipcom keynote on Oct. 18, but the Italian executive insists that “PR, for us, comes after.” At the first major TV market for the “Survivor” distributor since its $2.2 billion acquisition of Endemol Shine Group…