13 December, 2016 09:14

Lawsuit Claims Private Equity Giant and 21st Century Fox Schemed to Strip ‘American Idol’ Producer

Having allegedly made a bad $510 million bet on the competition singing show, Apollo Global Management allegedly orchestrated a complex transaction that left Core Media’s lenders holding the bag.

http://www.hollywoodreporter.com/thr-esq/lawsuit-claims-private-equity-giant-21st-century-fox-schemed-strip-american-idol-producer-95?utm_source=Sailthru&utm_medium=email&utm_campaign=THR%20Breaking%20News_now_2016-12-13%2009:04:14_ehayden&utm_term=hollywoodreporter_breakingnews