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This agreement included integration of Bally's content on the channels and other Sinclair properties (including its television stations Stadium and Tennis Channel), and a warrant giving Sinclair the option to acquire a 14.9% stake in Bally's Corporation, and up to 24.9% if performance criteria were met. [27]
A shotgun clause (or Texas Shootout Clause [1]) is a term of art, rather than a legal term. It is a specific type of exit provision that may be included in a shareholders' agreement, and may often be referred to as a buy-sell agreement. The shotgun clause allows a shareholder to offer a specific price per share for the other shareholder(s ...
A multi-channel network (MCN) is an organization that works with video platforms to offer assistance to channel owners in areas such as "product, programming, funding, cross-promotion, partner management, digital rights management, monetization and sales, and audience development," [1] in exchange for a percentage of the ad revenue from the channel.
In addition to owning the Demolition Ranch YouTube channel, Carriker is a veterinarian, [3] and owns the veterinary YouTube channel Vet Ranch, which was founded in 2014 [14] and has around 2 million subscribers. Carriker graduated from Texas A&M University's College of Veterinary Medicine and Biomedical Sciences in 2008. The channel treats dogs ...
The deal was a complex arrangement which involved trading the non-license assets of KFVE (such as its call sign, programming, and network affiliation) for those of KGMB (effectively placing the station under Raycom ownership, but using KFVE's license, signal, and virtual channel 5), and taking over KFVE (which moved to the channel 9 license ...
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Buy–sell agreement can be in the form of a cross-purchase plan or a repurchase (entity or stock-redemption) plan. For greater neutrality and effectiveness of the buy–sell arrangement, the service of a corporate trustee is recommended. Profit or loss from a buy-sell agreement may trigger tax conquencess and taxable income. [2]
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