Universal Music Group NV has agreed to plan a US share sale by Sept. 15, in order to fulfill an agreement with billionaire Bill Ackman’s hedge fund Pershing Square. The Amsterdam-listed entertainment company will use...
TikTok’s US future in limbo: Billionaire Frank McCourt’s Project Liberty proposes acquisition–Will ByteDance say ‘yes’?
TikTok is facing a potential ban in the United States due to national security concerns. Alarms have raised alarms over the app’s data privacy practices, fearing that user data collected by TikTok could be...
Billionaire Frank McCourt’s Project Liberty proposes bid for TikTok’s US assets
Entrepreneur and former Los Angeles Dodgers owner Frank McCourt’s Project Liberty and its consortium of partners in The People’s Bid said on Thursday they proposed to make a formal bid to ByteDance to buy...
NCLAT sets aside plea filed against NCLT order approving sale of Reliance Broadcast Network
The NCLAT on Monday set aside a batch of appeals filed against the NCLT order approving bids of Sapphire Media for Reliance Broadcast Network Ltd. The National Company Law Appellate Tribunal (NCLAT) upheld the order of...
Nodwin Gaming to acquire 92.30% stake in AFK Gaming
Nodwin Gaming (Nodwin), a material subsidiary of Nazara Technologies, has on 18 December 2024, signed Share Purchase Agreement with AFK Gaming (AFK), Nishant Patel, Rakesh Ramachandran and Siddharth Nayyar (the Founders...
NODWIN Gaming acquires Trinity Gaming for Rs 24 crore
Gaming and esports company NODWIN Gaming on Friday said it has acquired Trinity Gaming at a valuation of Rs 24 crore. Trinity Gaming serves as a Creator Service Provider (CSP) for Meta and gaming Multi-channel Network...
Nazara Tech arm to acquire Trinity Gaming for Rs 24-cr
Nazara Technologies has informed that the NODWIN Gaming, a material subsidiary of the company has announced the acquisition of Trinity Gaming, a leading gaming agency and platform MCN/ CSP, for a deal valued at Rs 24...
Merger concludes! Viacom18-Star India valued at Rs 70,000 cr
India’s largest merger and acquisition deal in the media and entertainment (M&E) sector has concluded, with the merger of Viacom18’s TV and digital businesses into Star India securing all necessary...
Charter to buy Liberty Broadband in all-stock deal
Cable operator Charter Communications has agreed to buy Liberty Broadband in an all-stock deal, the companies said on Wednesday. Liberty Broadband, which is controlled by U.S. cable pioneer John Malone, owns a 32.05%...
TKO Group to acquire some Endeavor sports assets for $3.25 bln
TKO Group Holdings said on Thursday it would acquire some of Endeavor Group Holdings’ sports assets in a deal valued at $3.25 billion, bolstering its core Ultimate Fighting Championship and World Wrestling...
Legendary Entertainment buys out Dalian Wanda’s stake in the Hollywood studio
Legendary Entertainment on Monday said it had completed a buyout of Chinese conglomerate Dalian Wanda Group’s remaining stake in the movie studio and will be wholly owned by Apollo Global. Financial details of the...
Reliance Industries in talks to acquire stake in Karan Johar’s Dharma Productions
Reliance Industries (RIL) is in talks to acquire a stake in Bollywood producer and director Karan Johar’s Dharma Productions, said people familiar with the matter. A deal will strengthen the oil-to-telecom...
