Comcast Corp (CMCSA.O) confirmed on Wednesday it was preparing a higher, all-cash offer for most of the media assets of Twenty-First Century Fox (FOXA.O), setting up a bidding war with rival Walt Disney Co (DIS.N)...
Sony to pay $2.3 billion to acquire control of EMI Music
Sony Corp (6758.T) said on Tuesday it would pay about $2.3 billion to gain control of EMI Music Publishing, as it seeks to boost entertainment content assets and shift away from low-margin consumer electronics. Wholly...
Ousted MGM CEO explores bid for the U.S. movie studio – sources
Former MGM Holdings Inc Chief Executive Officer Gary Barber, who was ousted earlier this year, is speaking to investment banks about financing an offer to acquire the privately held U.S. movie studio, five people...
Salman Khan TV, Deepak Dhar-led Banijay Asia tie up for TV, web content
Banijay Group, the production house behind reality hits such as Keeping Up with the Kardashians, has tied up with actor Salman Khan’s television production house Salman Khan TV to create content across television and...
Lachlan Murdoch to replace brother James as Fox CEO after Disney deal
Twenty First Century Fox’s (FOXA.O) Chief Executive Officer James Murdoch will leave the company and be succeeded by brother Lachlan once the company sells off its TV and film assets to Walt Disney Co (DIS.N). James...
Post Videocon d2h merger, Dish TV plans Rs 1,700 crore investment
Dish TVNSE 0.20 %, which has completed its merger with Videocon d2h, plans to invest around Rs 1,700 crore as capex in the current fiscal and strengthen both the brands across India, top officials said. Dish TV would...
Banijay Group enters India in equal JV with Deepak Dhar
Paris-headquartered content powerhouse Banijay Group is setting up its office for India and South East Asia in partnership with Deepak Dhar, former Endemol India managing director. Dhar, who quit Endemol in December...
Spotify CEO eligible to sell up to $2 billion stake in public listing
Daniel Ek, the CEO and co-founder of streaming music leader Spotify Technology SA (SPOT.N), is eligible to sell up to 15.8 million shares of the company worth up to $2 billion in its direct listing, the company...
ZEE terminates 9X Media acquisition
9X Media’s promoters’ wait to sell off the company is turning into a never-ending saga. In the latest development, Zee Entertainment EnterprisesBSE 0.02 % (ZEE) has terminated the acquisition of the music broadcaster...
Media and entertainment sector ripe for mergers and acquisitions
A panel of experts discussing the future of mergers and acquisitions (M&A) in the media and entertainment (M&E) sector was optimistic about deal activity and consolidation here. While regulatory hurdles persist...
Spotify plans to list shares, fend off Apple and Amazon
Music streaming service Spotify on Wednesday filed for a direct listing of its shares, laying out financial data for the first time that cheered some analysts but led others to question how it could turn a profit from...
Reliance Industries to acquire 65% stake in IFC for Rs 11.05 bn
Reliance Industries on Friday said it will acquire 65 percent stake in Indian Film Combine Pvt Ltd, which is building a drive-in theatre, hotel, retail mall and club on a 12-acre plot in Mumbai, for Rs 11.05 billion...
