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Black Spade Acquisition II said Monday that it is merging with World Media and Entertainment Universal, a global media and entertainment company, in a deal that values World Media at $488 million.

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If the first few days of January are any indication, 2025 is going to be a rock ‘em, sock ‘em year across the media and entertainment ... is sure to be a force in global cinema.

World Media and Entertainment Universal Inc. ("WME" or the "Company"), a global media and entertainment company, and Black Spade Acquisition II Co (Nasdaq: BSII, "BSII") announced today that they have ...