Indian media conglomerate Zee Entertainment Enterprises (ZEE) entered into a 3-year multi-layered partnership with telecom major Bharti AirtelNSE -0.46 % within a week of removing all its content from Mukesh Ambani...
Nazara Tech invests in VR gaming firm InstaSportz
Initial public offering-bound mobile gaming company Nazara Technologies Ltd has picked up a minority stake in InstaSportz Consultancy Pvt. Ltd, a Bengaluru-based virtual reality (VR) gaming company. With the...
Hotstar raises Rs 5.16 billion to take on Amazon’s Prime Video and Netflix
Online video streaming service Hotstar, owned by Novi Digital Entertainment, has received a fund infusion of Rs 5.16 billion from Star US Holdings even as it looks to fend off competition from giants such as Netflix and...
PVR set to acquire SPI cinemas in a cash-cum-stock deal valued at over Rs 850 crore
After years of on-again-off-again negotiations, Ajay Bijli-led India’s leading multiplex chain PVR LtdNSE -1.40 % has finally reached an agreement with South India’s largest premium cinema exhibitor SPI Cinemas to...
Hollywood Talent Firm UTA Sells Stake to Take On Larger Rivals
United Talent Agency, which represents stars such as Angelina Jolie and Kevin Hart, sold a minority stake to private equity firms Investcorp and PSP Investments, raising money it will use to acquire companies and...
Vivendi considers selling half its UMG music “jewel”
Vivendi is considering selling up to half of its UMG music division to one or several strategic partners, ending months of speculation about a potential stock market listing of the unit, whose value soared on booming...
Essel Corporate to acquire 1.15% stake in Zee Entertainment for Rs 6.1 bn
Essel Corporate LLP plans to acquire 11 million shares, or 1.15 per cent stake, of Zee Entertainment Enterprises (ZEEL) from another promoter group entity at an estimated price of over Rs 6.1 billion. Essel Corporate...
China’s iQiyi snaps up game maker Skymoons in $300 mln deal
China’s iQiyi Inc, often likened to U.S. streaming giant Netflix, has snapped up domestic game maker Skymoons in a deal that could be worth nearly 2 billion yuan ($298.59 million) as it looks to broaden its offerings...
Tendulkar-backed Smaaash Entertainment looks to raise ₹500 crore in IPO
Sachin Tendulkar-backed Indian virtual sports and entertainment company, Smaaash Entertainment Pvt. Ltd, is planning to launch its initial public offering (IPO) to raise ₹500 crore from the market, said two people aware...
Tencent seeks to list online music unit in U.S.
Chinese internet giant Tencent Holdings Ltd said it is looking to spin off and list its online music business, China’s biggest music-streaming company, in the United States. The proposed listing is a sign that the once...
India’s Carnival in talks to buy cinemas in UAE, Bahrain – sources
India’s Carnival Cinemas and a partner in the United Arab Emirates (UAE) are in talks to buy Qatar-based Novo Cinemas’ theatres in the UAE and Bahrain, three sources familiar with the matter told Reuters. The potential...
Toonz to partner with Yellow Entertainment
Toonz Media group has tied up with Australia-based Yellow Entertainment for co-development and co-production partnership and global distribution deal for multiple pre-school animated series. The partnership between both...
