Warner Bros Discovery bondholders overwhelmingly approved a plan to split the corporation and put in place a new capital structure related to the deal, the company said on Monday. Bondholders voted to remove...
NCLAT declines to stay CCI order against UFO Moviez, Qube Cinema
The appellate tribunal NCLAT has refused to stay a CCI order, which imposed penalties on UFO Moviez India and Qube Cinema Technologies for indulging in anti-competitive practices. A three-member bench said the...
Warner Bros Discovery splits streaming from cable TV in latest media shakeup
Warner Bros Discovery said it would split into two publicly traded companies, separating its studios and streaming business from its fading cable television networks as the parent of HBO and CNN looks to compete better...
Madison acquisition: Havas Chairman says looking at possibilities in every market
A few weeks after reports highlighted a possible interest by top holding companies, Publicis and Havas in acquiring a majority stake in the advertising business of Sam Balsara’s independent media agency Group from...
CCI Approves Jumbotail’s Acquisition of Solv India; Multi-Party Equity Deal Cleared
The Competition Commission of India (CCI) has approved a complex, multi-layered proposed combination involving Jumbotail Technologies Pvt. Ltd. (JTPL), Standard Chartered-backed entities, and a network of investors and...
Nazara continues acquisition spree as it buys UK-based firm for ₹247 cr
Nazara acquires UK’s Curve Games to expand global publishing and IP portfolio as part of an ongoing M&A strategy across interactive gaming and esports Digital gaming firm Nazara Technologies has acquired UK...
Absolute Sports to acquire pro-wrestling sites TJRWrestling and ITRWrestling in $1.25 million deal
Absolute Sports, the parent company of sports news website Sportskeeda and a subsidiary of Nazara Technologies, is set to acquire two pro-wrestling media properties—TJRWrestling and ITRWrestling—in a $1.25 million all...
Banijay in early talks on ITV’s Studios as RedBird deal stalls, sources say
Banijay, the French TV production group behind “Big Brother” and backed by the Arnault family, has held discussions about a possible offer for British broadcaster ITV’s studio business, two people...
France’s Banijay explores takeover bid for UK’s ITV, FT reports
French entertainment company Banijay is in early-stage talks for a takeover offer for British broadcaster ITV that would merge their respective production businesses, the Financial Times reported on Sunday, citing...
European Commission to assess UMG’s proposed acquisition of Downtown Music
The European Commission said on Friday it would investigate Universal Music Group’s planned $775 million acquisition of independent music services company Downtown Music, confirming earlier media reports...
EU to probe Universal’s $775 million acquisition of Downtown Music, FT reports
The European Commission is set to investigate Universal Music Group’s planned $775 million acquisition of independent music services company Downtown Music amid claims that the deal will give too much power to the...
Lions Gate shareholders approve split of studio and Starz business, source says
Shareholders of Lions Gate Entertainment, the studio behind the “John Wick” movie franchise, have approved a plan to split its film and TV studio from the Starz business, a person familiar with the matter...
