SoftBank Group Corp’s chip company Arm Holdings Ltd has gathered takeover interest from Nvidia Corp, Bloomberg News reported on Wednesday, citing people familiar with the matter. Nvidia and SoftBank did not...
Delhi HC allows IDBI Trusteeship to sell pledged shares of ZEE, Dish TV
A division bench of Delhi high court has dismissed the appeal against an order allowing IDBI Trusteeship to sell pledged shares of Zee Entertainment and Dish TV. The Essel Group had pledged shares of the two companies...
Universal Music signs multi-year partnership with Desi Melodies
Universal Music India (UMI), a division of Universal Music Group (UMG), has signed an exclusive multi-year, global distribution deal with Indian music company Desi Melodies. Founded in Mohali, Punjab, by lyricist and...
Cineworld hits back at Cineplex in tussle over scrapped deal
Cineworld said on Monday it planned to make a counter-claim against Cineplex following the Canadian cinema chain’s legal action against the British group for damages after it scrapped a $1.65 billion takeover. Cineplex...
Microsoft interested in buying Warner Bros’ gaming unit – The Information
Microsoft Corp has expressed interest in buying Warner Bros’ gaming unit, The Information reported on Monday, citing two people familiar with the matter. Warner Bros parent AT&T Inc was discussing a sale of...
Canada’s Cineplex to sue Cineworld Group, seeks damages for scrapped deal
Canadian movie theater operator Cineplex Inc said on Friday it would sue Cineworld Group Plc, seeking damages after the British company “wrongfully” scrapped its $1.65 billion buyout deal last month. The Cineplex claim...
Yes Bank asks Bombay HC to restrain Zee promoters from selling further stake
Almost a year after promoters of Zee Entertainment Enterprises Ltd (ZEEL) sold an 11% stake in the company, Yes Bank Ltd has moved the Bombay high court to restrain the controlling shareholders from selling more ZEEL...
Digital music provider Artlist raises $48 million led by KKR
Israel’s Artlist, a provider of royalty-free digital music, said on Monday it raised $48 million in a private funding round led by investment firm KKR. Existing investor Elephant Partners also joined in the round...
Eldorado resorts must sell two casinos as part of Caesars merger: U.S. FTC
U.S. casino operator Eldorado Resorts Inc has won U.S. antitrust approval to buy rival Caesars Entertainment Corp on condition that it sell casinos in two cities to address antitrust concerns, the Federal Trade...
Lagardere looking to sell live entertainment assets – Les Echos
French media group Lagardere is looking to sell its live entertainment assets including the famous Les Folies Bergeres cabaret for some 70 million euros ($79 million), French daily Les Echos reported on its website. The...
Britain’s Cineworld scraps $1.65 billion deal to buy Cineplex
Britain’s Cineworld Group Plc said on Friday it abandoned its $1.65 billion (1.32 billion pounds) deal to buy Cineplex Inc, citing what it termed the Canadian company’s breaches in the merger agreement between the...
Facebook and Saregama announce licensing deal
Saregama announced a global deal with Facebook, to license its music for video and other social experiences across Facebook & Instagram. This partnership will allow users to choose from a wide variety of music to...
