BERLIN (AP) — Trying to tamp down concerns about government over-reach, President Barack Obama on Wednesday defended U.S. Internet and phone surveillance programs as narrowly targeted efforts that have saved lives and thwarted at least 50 terror threats.
In yet another U.S. acquisition, Britain’s ITV is taking a controlling stake in reality, entertainment and drama producer Thinkfactory Media. Among the company’s credits are the award-winning miniseries Hatfields & McCoys. ITV will pay $30M for a 65% share of the company with a put and call option to buy the remaining 35%. The option could be exercised from between 3 years after the initial deal and at the end of year 5 with the total amount paid linked to the performance of the company over that period. Late last year, ITV acquired a controlling interest in Duck Dynasty producer Gurney Productions and in May it took a slice of Cake Boss maker High Noon Entertainment. Other recent acquisitions include UK production company The Garden. The takeovers are part of ITV’s five-year Transformation Plan. LA-based Thinkfactory was founded in 1992 by Leslie Greif. Its portfolio includes R&B Divas, Preachers’ Daughters, Marriage Bootcamp and The Hook-Up as well as new drama series Texas Rangers for the History Channel. ITV chief Adam Crozier says, “We’re gathering real momentum in building a substantial U.S. presence, which is central to our strategy of creating a strong international content business. The acquisition of Thinkfactory Media is clearly a further significant step forward in achieving that goal.”
President Barack Obama will call for up to a one-third cut in nuclear warheads by the United States and Russia during a speech in Berlin on Wednesday, a senior administration official said.
Campaign launched to deport the Statue of Liberty. CNN's Jeanne Moos says to call an immigration attorney.
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