India’s leading multiplex chain PVR and the local unit of Mexican company Cinépolis are in advanced merger talks, potentially reshaping the country’s film exhibition industry that witnessed its first phase of...
Nepean Capital acquires 50% stake in Maddock Films
Nepean Capital, a Mumbai-based fund management firm that invests in private and public markets, has acquired 50% stake in Dinesh Vijan-led Maddock Films known for Stree, Hindi Medium, Roohi and other titles. The...
SeaWorld offers to buy Cedar Fair for $3.4 bln – source
SeaWorld Entertainment Inc has offered to buy amusement park operator Cedar Fair LP for $3.4 billion in cash, according to a person familiar with the matter. Sandusky, Ohio-based Cedar Fair confirmed it had received an...
Sony to buy ‘Destiny’ videogame developer Bungie in $3.6 bln deal
Sony Interactive Entertainment will acquire Bungie Inc, the original creator of the “Halo” videogame and developer of “Destiny”, in a deal valued at $3.6 billion, making it the latest in a wave...
Modern Times Group sells ESL Gaming to Savvy Gaming Group in $1.05 bln deal
Swedish gaming group Modern Times Group MTG AB said late Monday that is selling esports company ESL Gaming to Savvy Gaming Group in an all-cash deal worth $1.05 billion. Following the sale, MTG will focus fully on...
MTG sells ESL Gaming to Savvy Gaming Group for $1.05 billion
Swedish e-sports and gaming firm MTG has agreed to sell ESL Gaming to Saudi-backed Savvy Gaming Group at an enterprise value of $1.05 billion, it said on Monday. MTG, which owns 91.46% of ESL Gaming, corresponding to...
Game developer Nexon says it will sell Six Waves to Stillfront for $93 mln
Japanese-South Korean game developer Nexon Co said on Thursday it would sell its 34.8% stake in Six Waves Inc to Sweden-based Stillfront Group AB for about $93 million, sending its shares up 6% in Tokyo trade. Nexon...
Microsoft buys game maker Activision Blizzard for about $70 billion
Microsoft is paying nearly $70 billion for Activision Blizzard, the maker of Candy Crush and Call of Duty, to boost its competitiveness in mobile gaming and virtual-reality technology. The all-cash $68.7 billion deal...
Triller owner in merger talks to go public -source
TrillerNet, the owner of short video app Triller, is in talks to go public through a merger with Seachange International Inc. (SEAC.O), according to a person familiar with the matter. As part of the deal, investors have...
Sony’s gaming division to buy ‘God of War’ maker Valkyrie Entertainment
Sony Corp’s wholly-owned gaming division said on Friday it had agreed to buy “God of War” developer Valkyrie Entertainment for an undisclosed amount, as it seeks to add more muscle to its PlayStation...
ViacomCBS to sell iconic Studio Center for $1.85 bln
ViacomCBS Inc, said on Tuesday it would sell CBS Studio Center, where the iconic sitcom “Seinfeld” was shot, for nearly $1.85 billion, as it looks to raise funds to invest in strategic areas including...
ZEE-Sony merger in final stages of stitching up: Punit Goenka
The merger of Zee Entertainment Enterprises (ZEE) and Sony Pictures Networks India (SPN) is on track and “in the final stages of stitching up”, disclosed Punit Goenka, MD & CEO, ZEE on Tuesday...
