Sony Group Corp’s India unit and Zee Entertainment Enterprises Limited (ZEEL) expect to close the pending merger deal – billed as one of the biggest in the country’s media industry – as early as...
Sony begins talks with Disney to buy India biz
Sony Pictures Entertainment (SPE), the global entertainment unit of Japan’s Sony Group Corp., has initiated talks with Walt Disney Co. about a potential acquisition of its India business, said two people with direct...
Zee-Sony merger: NCLAT adjourns hearing over IDBI, Axis Finance plea to Oct 31
The NCLAT on Friday adjourned the hearing to October 31 on pleas filed by IDBI Bank and Axis Finance against the merger of Zee Entertainment Enterprise with Culver Max Entertainment, formerly Sony Pictures Networks...
Zee-Sony merger: NCLAT adjourns hearing over Axis Finance plea to Friday
The National Company Law Appellate Tribunal (NCLAT) adjourned the hearing to October 13 on a plea filed by Axis Finance against the merger of Zee Entertainment Enterprise Ltd (ZEEL) with Culver Max Entertainment...
Viacom18 sells 65% of ad inventory for Bigg Boss 17
Viacom18 has sold 65% of the ad inventory of Bigg Boss 17 to 12 sponsors from across traditional and new-age categories, the company’s head of network sales, Mahesh Shetty, said. The TV and digital sponsors signed...
Blackstone holds initial talks with Disney for stake in India arm – sources
Private equity firm Blackstone has held preliminary discussions with Walt Disney to acquire a stake in the Indian arm of the entertainment firm, two sources familiar with the matter told Reuters on Wednesday. Blackstone...
Saregama India Ltd to acquire 6.61 lakh shares of Pocket Aces Pictures for Rs 174 crores
Saregama India Limited, India’s oldest music label company, announced that it will acquire 6.61 lakh shares of Pocket Aces Pictures Private Limited at a value of Rs 174 crores through secondary acquisition, said...
Supreme Court dismisses appeal against ND Art’s insolvency
The Supreme Court dismissed a petition by Naina Desai, widow of late art director Nitin Desai, seeking a review of the National Company Law Appellate Tribunal (NCLAT) order allowing bankruptcy proceedings against their...
Alchemy Copyrights to buy Round Hill Music for about $469 million
Alchemy Copyrights has agreed to buy music copyright-focussed investment firm Round Hill Music Royalty Fund for about $468.8 million, the companies said, giving it access to songs including Backstreet Boys’...
Zee-Sony merger: IDBI Bank files appeal against NCLT order
IDBI Bank has moved the appellate tribunal to challenge the National Company Law Tribunal’s approval for Sony-Zee merger, a move that could delay the big-ticket deal that has been approved by stock exchanges and the...
NCLAT issues notice to Zee Entertainment over IDBI Bank’s plea
The National Company Law Appellate Tribunal (NCLAT) on Thursday issued notice to Zee Entertainment Enterprises Ltd (ZEEL) over a petition filed by private sector lender IDBI Bank, directing it to file a reply within two...
NCLAT dismisses appeal to investigate PVR-INOX merger
The National Company Law Appellate Tribunal on Thursday dismissed the appeal filed by Consumer Unity and Trust Society, a think tank, asking the Competition Commission of India to investigate the PVR-INOX merger. The...
