Financial Briefs

Playboy Entertainment Group has reached an agreement with USA Network to air 26 half-hour episodes of its dramatic series “Eden.” USA will begin the series this summer with a two-hour telefilm special consisting of the first four episodes, Playboy said.

The series first aired in its “uncut” version on Playboy TV in November 1992. The move was received positively on Wall St., with Josephthal, Lyon & Ross analyst Dennis McAlpine initiating coverage with “buy” rating. Playboy’s stock was heavily traded, jumping 12.1% to close at $ 8.125.

o

Marvel Entertainment Group said it has formed a strategic alliance with Shogakukan Production Co. to promote Marvel properties in Japan. A company spokesman said that under the alliance Shogakukan initially will act as an agent for Marvel properties in Japan and eventually could publish Marvel comics there.

Federal Express Corp., in an agreement with Walt Disney Co., will become the official sponsor of the Space Mountain attraction at Disneyland and the Magic Kingdom ride at Walt Disney World Resort. The companies said Federal Express will also become the official express delivery service for the Disney parks in the U.S.

More Biz

  • Matt Sawin Capitol Music Group

    Caroline Names Matt Sawin Executive VP

    Playboy Entertainment Group has reached an agreement with USA Network to air 26 half-hour episodes of its dramatic series “Eden.” USA will begin the series this summer with a two-hour telefilm special consisting of the first four episodes, Playboy said. The series first aired in its “uncut” version on Playboy TV in November 1992. The […]

  • Universal Music Group

    Universal Music Launches Nigerian Division

    Playboy Entertainment Group has reached an agreement with USA Network to air 26 half-hour episodes of its dramatic series “Eden.” USA will begin the series this summer with a two-hour telefilm special consisting of the first four episodes, Playboy said. The series first aired in its “uncut” version on Playboy TV in November 1992. The […]

  • Bruno Mars Grammys

    Recording Academy Announces Date, Deadlines for 2019 Grammy Awards

    Playboy Entertainment Group has reached an agreement with USA Network to air 26 half-hour episodes of its dramatic series “Eden.” USA will begin the series this summer with a two-hour telefilm special consisting of the first four episodes, Playboy said. The series first aired in its “uncut” version on Playboy TV in November 1992. The […]

  • The Matcha Bros

    Ansel Elgort, Diplo, Billie Eilish and Von Miller Invest in MatchaBar Energy Drink

    Playboy Entertainment Group has reached an agreement with USA Network to air 26 half-hour episodes of its dramatic series “Eden.” USA will begin the series this summer with a two-hour telefilm special consisting of the first four episodes, Playboy said. The series first aired in its “uncut” version on Playboy TV in November 1992. The […]

  • Ron Burkle

    Ron Burkle Sues Lantern Capital Over Weinstein Co. Costs

    Playboy Entertainment Group has reached an agreement with USA Network to air 26 half-hour episodes of its dramatic series “Eden.” USA will begin the series this summer with a two-hour telefilm special consisting of the first four episodes, Playboy said. The series first aired in its “uncut” version on Playboy TV in November 1992. The […]

  • Netflix Reed Hastings

    Netflix Falls Short of Q2 Subscriber Expectations Worldwide, Stock Dives

    Playboy Entertainment Group has reached an agreement with USA Network to air 26 half-hour episodes of its dramatic series “Eden.” USA will begin the series this summer with a two-hour telefilm special consisting of the first four episodes, Playboy said. The series first aired in its “uncut” version on Playboy TV in November 1992. The […]

More From Our Brands

Access exclusive content