Welcome back to The Daily's Sunday culture edition, in which one Atlantic writer or editor reveals what's keeping them entertained. Today's special guest is Boris Kachka, a senior editor who has written about why copyright-expiration dates are an occasion worth celebrating, what the internet age is taking away from writers, and the emergence of an unbearably honest kind of writing. Boris is a new fan of The Amazing Race and a longtime reader of Thomas Pynchon. He enjoys watching Severance as it grows 'ever stranger' and recently attended his second Pulp reunion concert, where he 'wore a Pulp T-shirt ' without a trace of shame.' The television show I'm most enjoying right now: It might be basic to name Severance, but the show does push some specific buttons for me. I've been annoyed to see it compared to Lost, a series that eventually betrayed its viewers' trust. The Lost showrunner Damon Lindelof's next series, The Leftovers, is a better comparison: a show built on a wild premise that accrued layers and changed registers as it developed, though it always stayed tightly focused on a cast you came to care deeply about. Severance has grown ever stranger, but I have the feeling that, like The Leftovers, it will eventually stick a landing that makes some sense of its fallen world, even as it lets some mysteries be. [Related: What are the puzzles of Severance about']...
In an internal announcement, the company's board highlighted that the partnership would enhance opportunities for clients in an evolving entertainment landscape. They praised Carlyle for its alignment with Entertainment 360's values and its commitment to fostering entrepreneurial talent and creative innovation. Ben Fund, Managing Director and Partner at Carlyle, expressed confidence in Entertainment 360's potential, emphasizing the firm's long-standing success in talent management and the opportunities for further growth. Carlyle has invested more than $14bn in sports, media, and entertainment since 2017. Its Global Credit platform, managing $194bn in assets as of September 2024, focuses on private credit and capital solutions for top-tier companies. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....
Harvard Business School professor James K. Sebenius discusses how to deal with tough negotiators effectively and ethically....
Another active week as far as nine-figure rounds go. Seven startups locked up rounds of $100 million or more ' including an agtech firm for the second week in a row and a Sphere-like entertainment startup. 1. Cosm, $250M, entertainment: Entertainment and technology are intersecting more than ever ' and Cosm is just the latest example. The Dallas, Texas-based Sphere-like immersive tech and entertainment company locked up a raise of more than $250 million from the likes of Mirasol Capital and Baillie Gifford. The new round values the company at more than $1 billion. Cosm offers guests an immersive dome that allows a shared reality experience, usually with something regarding sports. The company already has a venue in Los Angeles and plans for others in Dallas and Atlanta. 2. Altana AI, $200M, supply chain management: Altana AI, a supply chain management startup, locked up a $200 million Series C investment led by the US Innovative Technology Fund that values the company at $1 billion. The New York-based startup's supply chain management platform gives customers deep insights and visibility into managing their global value chains ' from the sourcing of raw materials to production to sale. Such oversight has become necessary as governments and organizations have introduced new trade restrictions, climate, national security and other policies. Much like most startups that raise big money in the current environment, Altana has an AI play. The company's platform uses AI to analyze data points through the supply chain to spot anomalies and risks. Founded in 2018, the company has raised $322 million, per Crunchbase. Before the new round, it last raised a $100 million Series B led by Activate Capital Partners in 2022....