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...
Nazara Tech’s subsidiary NODWIN to acquire esports event organizer StarLadder
Nazara Technologies said that its subsidiary NODWIN Gaming has acquired Starladder, an esports IP and services company, in a deal valued at an initial consideration of $5.5 million (Rs 46.75 crore). Founded in 2018 by...
Donald Trump says Microsoft is in talks to acquire TikTok
President Donald Trump said Monday evening that Microsoft is among the US companies looking to take control of TikTok to help the popular app avert an effective ban that could kick-in in April. “I would say yes,” Trump...
Star Entertainment to divest Star Sydney Event Centre assets as it hunts for cash
Star Entertainment said on Wednesday it would divest its Star Sydney Event Centre assets to theatre owner and operator Foundation Theatres for A$60 million ($37.51 million) as the casino operator undergoes a cash and...
Is Oracle acquiring TikTok? Here’s what Donald Trump said about the sale
Former U.S. President Donald Trump has clarified reports regarding the potential sale of TikTok, denying any discussions with Oracle co-founder Larry Ellison but confirming that his team has engaged with multiple...
Perplexity AI revises merger proposal with TikTok, offers 50% equity to US, ByteDance to retain algorithm: Report
Aravind Srinivas’ Perplexity AI has revised its merger proposal with TikTok owner ByteDance to create a new joint company, Reuters reports. Under the new terms, the US government would be offered up to 50% of the...
Trump discussing TikTok purchase with multiple people, decision in 30 days
U.S. President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app’s future in the next 30 days. “I have spoken to many...
