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Hard Rock International buys majority of Globe Entertainment

May 23, 2025•7 months ago

Acquiring Company

Hard Rock International

Acquired Company

Globe Entertainment and Media

DavieLas VegasHospitalityPhotography

Description

Hard Rock International has announced its majority acquisition of Globe Entertainment and Media Corp, enhancing its existing collection of memorabilia with an extensive archive of iconic pop culture imagery. This acquisition adds over 15 million collectible images to Hard Rock's legacy of preserving cultural history. The partnership aims to give these treasures a global stage while merging art and commerce.

Company Information

Company

Hard Rock International

Location

Davie, Florida, United States

About

Hard Rock International (HRI) is one of the most globally recognized companies with venues in over 70 countries spanning 290 locations that include owned/licensed or managed Hotels, Casinos, Rock Shops®, Live Performance Venues and Cafes. HRI also launched a joint venture named Hard Rock Digital in 2020, an online sportsbook, retail sportsbook and internet gaming platform. Beginning with an Eric Clapton guitar, Hard Rock owns the world's largest and most valuable collection of authentic music memorabilia at more than 87,000 pieces, which are displayed at its locations around the globe.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed