Imagicaaworld Entertainment rose 1.18% to Rs 79.96% after the company’s board approved to acquire 100% stake in Malpani Parks Indore (MPIPL) held by Malpani Parks Private for a total consideration of up to Rs 55...
Boyd Gaming makes acquisition approach to Penn Entertainment, sources say
U.S. casino operator Boyd Gaming has approached Penn Entertainment to express interest in acquiring its peer, valued at more than $9 billion, including debt, according to people familiar with the matter. The potential...
US-based AIG forms India JV with Creativeland Studios
Beverly Hills-headquartered talent management firm Artist International Group (AIG) has set foot in India through a joint venture (JV), AIG India, with Creativeland Studios to take advantage of the country’s...
Cineworld plots sale of some UK cinema operations, Sky News reports
Cineworld is in talks over a possible sale as part of a strategic review that could lead to a wholesale restructuring of its business, Sky News reported on Saturday, citing unidentified sources. The operator and owner...
Desert venture acquires entertainment firm in latest test of Saudi ambitions
The company behind Saudi Arabia’s vast Qiddiya sports and entertainment complex near Riyadh will take over entertainment business SEVEN, in a bid to expedite the multi-billion dollar project, sources told Reuters...
Sony Group, others eyeing buyout of Infocom, Bloomberg News reports
Sony Group and other parties are considering buying online comic store operator Infocom Corp in a deal worth up to 200 billion yen ($1.28 billion), Bloomberg News reported on Thursday. Infocom parent Teijin Ltd is...
Sony, Apollo discuss joint bid for Paramount, says source
Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for Paramount Global, according to a person familiar with the matter. The companies have yet to approach Paramount, which is in...
Nazara Tech, Resurgent consortium bidders for Smaaash
Gaming firm Nazara Technologies and a consortium of financial services firm Resurgent India and Sanjay Lodha placed formal bids to buy Sachin Tendulkar-backed sports entertainment company Smaaash Entertainment Pvt. Ltd...
Miraj Entertainment inks strategic partnership with IMAX
Miraj Entertainment has inked a strategic deal with IMAX Corporation to install three new IMAX with Laser systems at key locations across India, including one in Mumbai—set to open in 2024—one in Jaipur, and a third...
NCLAT upholds NCLT order in Smaaash insolvency case
The National Company Law Appellate Tribunal (NCLAT) has upheld an order by the National Company Law Tribunal (NCLT) in November 2023 that set aside the ‘fraudulent’ transfer of the Smaaash brand by founder Shripal...
Keep Dream11 as going concern: NCLAT to RP
The National Company Law Appellate Tribunal (NCLAT) on Wednesday directed the resolution professional of Sporta Technologies, the parent company of Dream11, to keep it as a going concern. The RP’s counsel argued...
Apollo offers $11 bln for Paramount’s Hollywood studio, source says
Private equity firm Apollo Global Management has offered $11 billion for Paramount Global’s Paramount Pictures film studio, a person with knowledge of the offer said on Wednesday, adding to takeover interest in...
