Tata Group is considering buying Walt Disney Co.’s stake in Tata Play Ltd. to give it full control of the subscription television broadcaster, people familiar with the matter said, continuing a shakeup in India’s media...
Nazara Technologies sets aside $100 million for acquisitions
Mobile gaming and sports media company Nazara Technologies on Wednesday said it is setting aside about Rs 830 crore, or $100 million, for mergers and acquisitions in markets like India, Europe and North America. The...
RIL-Disney merger: A Starlit Jiography
The $8.5 billion behemoth birthed by the merger of RIL’s Viacom18 and Walt Disney’s Star India is set to redefine media, entertainment and sports in India. With over 750 million viewers, 200,000-plus hours of content...
Nazara Technologies seeks to acquire Smaaash under IBC
Gaming firm Nazara Technologies seeks to acquire Smaaash Entertainment Pvt. Ltd through the insolvency and bankruptcy process, two people aware of the matter said. As part of the corporate insolvency resolution process...
Warner Music plans 1.65 bln euro bid to buy France’s Believe
Warner Music Group said it planned to make a bid of at least 17 euros ($18.52) per share for Believe valuing the French digital music company at 1.65 billion euros ($1.8 billion) and topping an earlier takeover bid from...
NCLT approves merger of Saavn Holdings with group firm
The National Company Law Tribunal (NCLT) has approved the merger of Saavn Holdings into Saavn Media, the company that owns and operates audio streaming platform JioSaavn. Delaware-based Saavn Holdings, a subsidiary of...
NCLT adjourns hearing on Star India-Novi Digital merger
The National Company Law Tribunal (NCLT) adjourned the hearing in the scheme of arrangement between Walt Disney-owned Star India and its subsidiary Novi Digital Entertainment, which owns the streaming platform Disney+...
Disney and Reliance said to have signed binding merger pact
Walt Disney Co. and Reliance Industries Ltd. have signed a binding pact to merge their media operations in India, according to people familiar with the matter, as the US entertainment giant recasts its strategy amid...
Music label UMG to buy minority stake in Chord Music Partners for $240 mln
Universal Music Group said it would buy a 25.8% stake in Chord Music Partners for $240 million in a deal that will see investment company KKR exit from the capital of the music catalogue owner. KKR will sell its...
Reliance Tata Deal: Ambani’s RIL may buy 30% Tata Play stake from Disney to strengthen television distribu
Reliance Industries is reportedly in discussions to acquire a 29.8% stake in Tata Play, a subscription-based satellite TV and video streaming service, from Walt Disney, Business Standard newspaper reported citing...
NCLAT tells IRP to take no further steps in Dream11 insolvency; NCLT order stayed
The National Company Law Appellate Tribunal, Thursday, noted that the order passed by the National Company Law Tribunal to initiate insolvency proceedings against the parent company of India’s largest sports fantasy...
Nodwin Gaming acquires Turkey-based esports firm Ninja Global
Esports firm Nodwin Gaming said it was acquiring Istanbul-based esports and gaming firm Ninja Global FZCO. Nodwin did not disclose the consideration for the 100% acquisition of the latter. Ninja Global conducts...
