Netflix Inc., building on its in-house production capabilities, agreed to acquire Scanline VFX, a small visual-effects studio that’s been adding to the imagery of series such as “Stranger Things.” The plan is to...
Former CEO’s acquisition of Reliance Entertainment could fructify by April
The acquisition of Anil Ambani’s Reliance Entertainment by its former chief executive officer Shibasish Sarkar through his new venture International Media Acquisition Corp. is likely to be finalized by March or April...
UK’s Playtech receives takeover offer from Gopher
Britain’s Playtech Plc received a takeover bid from its second-biggest shareholder, Gopher Investments, the online gambling software developer said on Sunday. The development comes weeks after Australian gambling...
SoftBank leads $93 million investment in NFT gaming firm the Sandbox
The Sandbox, a Hong Kong-based gaming platform that allows users to build a virtual world using non-fungible tokens (NFTs), has raised $93 million from investors led by SoftBank’s Vision Fund 2, the company told Reuters...
ZEE-Invesco case: Bombay High Court to pronounce ruling on Tuesday
The Bombay High Court is slated to pronounce its order in Zee Entertainment Enterprises (ZEEL) legal tangle with its largest institutional investor, Invesco Developing Markets Fund, on Tuesday. Separately, the National...
Yes Bank set to approach NCLT against Dish TV India
Yes Bank Ltd is finalizing the paperwork to sue satellite television operator Dish TV India Ltd over its refusal to hold a special shareholders meeting, three people aware of the matter said. The private lender, Dish...
Zee-Sony merger may have a big backer in LIC
Life Insurance Corp. of India (LIC), the largest local shareholder of Zee Entertainment Enterprises Ltd, favours the proposed merger of the broadcaster with Sony Pictures Networks India, three people familiar with the...
ZEEL starts due diligence process for merger with Sony Pictures Networks
Zee Entertainment (ZEEL) has commenced the due diligence process for its proposed merger with Sony Pictures Networks India (SPNI), a subsidiary of Japan’s Sony Corp, following a non-binding agreement signed in September...
Australia’s Aristocrat Leisure makes $2.9 billion bet on online gambling provider Playtech
Australia’s Aristocrat Leisure Ltd said on Monday it will buy gaming software supplier Playtech Plc for 2.1 billion pounds ($2.89 billion), offering new growth areas for the gambling machine maker including real money...
Sharechat in talks to buy MX TakaTak
Homegrown short video platform Sharechat is in talks to acquire Times Internet-owned MX TakaTak, two people familiar with the development said. Sharechat runs the short-video app Moj, a direct competitor to MX TakaTak...
ZEE gets two weeks time to file a reply at the NCLT in Invesco case
The Mumbai bench of the National Company Law Tribunal (NCLT) on Friday allowed Zee Entertainment Enterprises (ZEE) time till October 22 to file its reply in the case filed by its largest investor, seeking removal of MD...
NCLAT reserves order in ZEE’s plea for more time to file reply in Invesco matter in NCLT
The National Company Law Appellate Tribunal (NCLAT) Thursday reserved its order after hearing a plea by Zee Entertainment Enterprises (ZEE), challenging an order of the Mumbai bench of the National Company Law Tribunal...
