Sinclair Broadcast Group Inc. has formed a joint venture with a company owned by former Walt Disney CEO Michael Eisner to create, produce and distribute first-run syndicated television shows.Sinclair and the Tornante Co. announced the deal Monday to immediately start developing talk shows, game shows, court shows and comedy programs. Sinclair also announced another deal later Monday to launch a science fiction network with MGM.The venture is part of Hunt Valley-based Sinclair's growing strategy to own more of the TV content it shows on the sprawling array of television stations it owns across the country. Sinclair is one of the largest broadcasters in the U.S. with 162 television stations that air 376 channels in 79 markets and has affiliations with all the major networks.Tornante Television will oversee creative development for programs that will be launched and distributed through Sinclair's TV stations and distributed elsewhere. The joint venture will be half-owned by subsidiary … [Read more...] about Sinclair Broadcast forms venture with former Disney CEO Eisner to create TV shows
Joint ventures definition
Self-driving cars. Internet-connected homes. Smart cities.Innovations like these are expected to reshape the technology industry and society at large — but none will take off without stronger wireless infrastructure, known as 5G.The fifth-generation mobile network will vastly expand the speed and volume of data that can be shared wirelessly, bringing the world closer to the autonomous age and generating enormous wealth and power for the companies that supply the equipment.That’s what made the Trump administration and other federal agencies so skittish about a hostile takeover of Qualcomm by Singapore-based Broadcom — leading to the White House’s unprecedented move Monday to block the proposed $117-billion deal because of national security concerns.Broadcom officialy withdrew its bid for Qualcomm on Wednesday.Qualcomm, the Trump administration argues, is needed to boost America’s lead in 5G research and development. Should the San Diego chipmaker fall … [Read more...] about What is 5G and why did Trump nix a huge tech deal to boost America’s lead in its development?
Those of you that have been hiding out in a bunker or being oblivious to what’s going on in the automotive world, you’ve missed out on a lot of information on the return of a legend. Everyone else that’s kept up with the news knows Toyota is bringing the Supra back after a 16-year hiatus. While we’ve seen the sports car testing in various environments with a heavy amount of camouflage, we got official confirmation that a Supra was in the pipeline at this year’s Geneva Motor Show with the unveiling of the Gazoo Racing Supra Racing Concept. But before we jump that far ahead, let’s take a look at everything we know about the Japanese icon’s rebirth. Toyota’s getting help from BMW BMW and Toyota officially announced their partnership back in 2012. At the time, the automakers claimed the collaboration would see one another sharing diesel and hybrid components. But we, and nearly everyone else, had a feeling that the two could be working on … [Read more...] about 2019 Toyota Supra: All We Know From Specs, Leaks And Rumors To Renders, Scoops, Videos And More
Pune-based Kinetic Group’s company Kinetic Green Energy & Power Solutions signed an MoU with Italian luxury brand Tonino Lamborghini to set up a new joint venture company in Maharashtra for the design and manufacture of premium segment golf carts and other electric off-road vehicles.Under the MoU, the Lamborghini family will also provide the Tonino Lamborghini brand license to the JV; both companies will leverage the existing network and marketing channels to promote and market the joint venture products in India and globally. The new JV will leverage Kinetic Green’s existing R&D as well as manufacturing facilities located in the Ahmednagar district of Maharashtra where the company manufactures electric three-wheelers. Over the next three months, Kinetic Green and the Tonino Lamborghini Group will discuss and finalise the further terms and conditions of the JV including shareholding … [Read more...] about Kinetic Green and Lamborghini family plan JV to make electric golf carts, off-road EVs
Audi is putting the finishing touches to its Q8 SUV before it goes on sale this May as a rival to the BMW X6, as shown by new pictures of a pre-production prototype that has been seen almost completely undisguised.The look of Audi's future flagship SUV has stayed true to that of the Q8 concept it is inspired by, with an SUV-coupé rear, LED headlights and taillights and a broad, eight-corner, single frame grille all remaining in largely unchanged forms. Audi Q8 Sport Concept previews range-topping large SUV Much of the Q8's mechanical package will be shared with the smaller Q 7 , the difference in size of which is best illustrated in pictures (see gallery) where both cars are testing alongside one another. The Q8 appears near identical in width and length, but its more swept-back roofline means it is actually slightly shorter in height. Due to arrive with an entry-level price of around £55,000, the car will sit alongside the … [Read more...] about 2018 Audi Q8 spotted almost undisguised ahead of May sale date