Rovio Entertainment (ROVIO.HE), the maker of the “Angry Birds” mobile games and movie, said on Friday it had acquired Finnish game studio PlayRaven to expand into mobile strategy games. Rovio, which listed its shares...
Inox open to Acquisitions to boost growth: Siddharth Jain
Inox LeisureNSE 1.02 %, India’s second-largest multiplex player in terms of screens, footfall, revenues and market share, is ready to embark on an aggressive growth strategy, which its promoters said could include...
This BCG report shows why Subhash Chandra is selling ZEE stake
Why does Essel Group chairman Subhash Chandra, one of India’s biggest media tycoons, want to sell half of his stake in Zee EntertainmentNSE 2.58 % Enterprises (ZEE)? ‘Entertainment Goes Online’, a...
Essel Group may divest up to 50% of promoter share in Zee Entertainment
Subhash Chandra, a pioneer in satellite broadcasting in India, is likely to divest a chunk of his stake in Zee Entertainment Enterprises (ZEEL), India’s first home-grown private broadcast network. The Essel Group, which...
ZEE Promoters scout for global strategic investor; to sell up to 50% stake
In a major development, Essel Group has decided to divest up to 50% of promoter holding in India’s leading entertainment company Zee Entertainment EnterprisesNSE -0.86 % (ZEE). Essel has decided to appoint Goldman Sachs...
Sitting on cash pile, nowhere to invest, Berkshire buys back $928 mn shares
Berkshire Hathaway Inc. bought back $928 million of its own stock during three weeks in August as Warren Buffett took advantage of a new policy that gives him more freedom to decide when repurchases are worth it. A...
China’s Wanda Group explores Legendary Entertainment stake sale – sources
China’s Dalian Wanda Group is exploring a partial sale of its Hollywood film studio and the full sale of its sports assets in its latest push to reduce offshore holdings under pressure from Beijing, sources familiar...
ZEE Entertainment acquires US patent for a new digital technology
The entertainment arm of the Subhash-Chandra-led Essel Group has secured a US patent for a digital technology that offers immersive content, capable of satisfying all five senses. On Monday, Zee...
Kwan Entertainment partners to buy out Anirban Blah’s stake in Mojostar
Celebrity management firm Kwan Entertainment’s founding partners are buying out the stake of cofounder Anirban Blah in joint venture retail company Mojostar, two people said. ‘ Blah has stepped down as director of...
PVR eyes overseas expansion after India acquisitions
PVR Ltd, India’s largest movie exhibitor, is seeking growth opportunities overseas after sealing a deal to acquire a local cinema chain. The company’s “big focus” is to look at Saudi Arabia, while it’s also planning...
PVR looks south and then north, leads race to acquire Wave Cinemas
Less than two weeks after acquiring south India’s leading multiplex company SPI Cinemas, India’s largest cinema exhibition player PVRNSE 0.02 % is now looking to buy north Indian chain Wave Cinemas, two people familiar...
Kapoor family ready to sell iconic RK Studio
The Kapoor family has decided to sell off the landmark RK studio — 70 years after it was established — as it was not “economically viable” to rebuild it after it was gutted down in a fire last...
