Absolute Sports, the parent company of sports news website Sportskeeda and a subsidiary of Nazara Technologies, is set to acquire two pro-wrestling media properties—TJRWrestling and ITRWrestling—in a $1.25 million all...
Banijay in early talks on ITV’s Studios as RedBird deal stalls, sources say
Banijay, the French TV production group behind “Big Brother” and backed by the Arnault family, has held discussions about a possible offer for British broadcaster ITV’s studio business, two people...
France’s Banijay explores takeover bid for UK’s ITV, FT reports
French entertainment company Banijay is in early-stage talks for a takeover offer for British broadcaster ITV that would merge their respective production businesses, the Financial Times reported on Sunday, citing...
European Commission to assess UMG’s proposed acquisition of Downtown Music
The European Commission said on Friday it would investigate Universal Music Group’s planned $775 million acquisition of independent music services company Downtown Music, confirming earlier media reports...
EU to probe Universal’s $775 million acquisition of Downtown Music, FT reports
The European Commission is set to investigate Universal Music Group’s planned $775 million acquisition of independent music services company Downtown Music amid claims that the deal will give too much power to the...
Lions Gate shareholders approve split of studio and Starz business, source says
Shareholders of Lions Gate Entertainment, the studio behind the “John Wick” movie franchise, have approved a plan to split its film and TV studio from the Starz business, a person familiar with the matter...
Star Entertainment gets lifeline offer of up to $592 million amid cash crunch
Star Entertainment said it has received a refinancing proposal with potential to provide debt funding of up A$940 million ($592 million) and an A$250 million bridging facility in a last-ditch effort to shore up the cash...
Airtel says in talks with Tatas to combine Tata Play with Bharti Telemedia
Bharti Airtel has said it’s in talks with the Tata Group to combine the latter’s direct-to-home business, housed under Tata Play, with Bharti Telemedia — a unit of the Sunil Mittal-led telecom operator. “Bharti Airtel...
Connekkt Media acquires Hollywood marketing agency Mob Scene
Connekkt Media, one of Asia’s fastest growing media and entertainment companies, has acquired Mob Scene, a premier Hollywood marketing agency known for marketing some of the biggest Hollywood blockbusters and franchises...
Tata Play, Airtel Digital TV near merger plans as DTH industry struggles amid streaming boom
The Tata and Bharti groups are finalising a merger between their loss-making direct-to-home (DTH) businesses, Tata Play and Airtel Digital TV, respectively, said people with knowledge of the matter. This comes as Indian...
Head Digital Works to acquire Adda52 parent firm for Rs 491 crore
Head Digital Works (HDW), an online skill gaming company, on Friday, said it will acquire Deltatech Gaming Ltd (DGL), the parent firm of online poker platform Adda52, for Rs 491 crore. The transaction will be executed...
Lenskart acquires Delhi franchise for GEPL Season 2
Eyewear company Lenskart has purchased the Delhi franchise for Season 2 of the Global e-Cricket Premier League (GEPL) from JetSynthesys, a company in digital entertainment and technology. GEPL, the world’s largest e...
