NBCUniversal has reached a deal with Samsung that will get NBCU’s Peacock streaming service on Samsung’s smart TVs almost a year after Peacock launched. The two had been at a standstill in negotiations as connected TV manufacturers like Samsung have pushed to get better financial terms in exchange for carrying streaming services. However TV manufacturers like Samsung don’t have a ton of...
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Private Equity Firms’ Secret Weapon for Big Software Buyouts
When Thoma Bravo was drawing up the financing of its $8 billion acquisition of Coupa Software last year, the private equity giant didn’t turn to a bank, and it didn’t get a traditional loan. Instead, it tapped a group of non-bank lenders including Sixth Street for a relatively obscure type of financing—one that has been making its way into more and more multibillion dollar...
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