Page 2 - Eric Peckham News Today : Breaking News, Live Updates & Top Stories | Vimarsana

For former studio executives charting their next course, there’s no hotter market than SPACs. Short for special purpose acquisition company, this once-obscure investment vehicle, also known as a blank-check company, has joined private jets, yachts and Beverly Hills mansions as a Hollywood status symbol. According to former Techcrunch media columnist Eric Peckham’s SPAC database, there are 26 of these shell companies looking to capitalize on the growing and fragmented industry of digital media, entertainment and gaming. Just last week, the $300-million SPAC led by former Disney higher-u...

Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Left to right: Reid Hoffman, Joanna Coles, Kevin Mayer. Getty Images A growing number of SPACs are focusing on acquiring media companies and taking them public.  Media vets like Charlie Ergen, Joanna Coles, and Greg Coleman are spearheading SPACs. Insider identified 12 media SPACs worth watching in media, telecommunications, and entertainment. A growing number of execs and investors are looking to cash in on media thro...