Cable television distributor DEN Networks Ltd, backed by private equity giant Goldman Sachs, on Wednesday said that it has sold an additional 25% equity stake in Indian Super League (ISL) football club Delhi Dynamos to...
Carnival Cinemas in early talks with Edelweiss to raise Rs400-460 crore in debt
Mumbai: Carnival Cinemas Ltd, the third largest multiplex operator in India, is in early talks with Edelweiss Alternative Asset Advisors Ltd to raise about Rs400-460 crore through a structured debt transaction...
ZEE to buy Anil Ambani’s Reliance Broadcast Networks for Rs 1,872 crore
MUMBAI: Ending months of negotiations, Subhash Chandra-promoted Zee Entertainment EnterprisesBSE -3.94 % (ZEE) has finally reached an agreement with Anil Ambani-owned Reliance BroadcastBSE 0.00 % Networks (RBN) to...
Scripps Networks’s Food Network, HGTV Keep It on M&A Lists
Scripps Networks Interactive, the $8.3 billion owners of the HGTV and Food Network channels, has always been among the littler of the big guys when it comes to TV content. So that’s why in recent years, as cable...
Netflix rises on takeover speculation as quarterly earnings loom
Los Angeles: Netflix Inc. rose to its highest since May as investors speculated the online video service could be a takeover target ahead of quarterly earnings scheduled for release in two weeks. Shares of the world’s...
Guangdong Highsun Group plans full acquisition of two entertainment firms
Guangdong Highsun Group Co Ltd : * Says co plans to proceed with remaining 25 percent stake’s acquisition in a Hunan-based entertainment unit at 78.9 million yuan, and aims to hold 100 percent stake in it after...
Cineplex announces strategic acquisition of Tricorp Amusements
Cineplex Inc * Financial terms were not disclosed. * Says Tricorp will become part of Cineplex Starburst Inc, a wholly owned and operated subsidiary of Cineplex Entertainment * Cineplex announces strategic acquisition...
Viacom18 completes merger of Prism TV Private Limited
Viacom18, which runs a slate of general entertainment channels across languages under the brand Colors, announced the merger of Prism TV Private Limited, thereby integrating 5 regional channels — Colors Kannada, Colors...
DLF exits cinema business, sells 7 screens to Cinepolis for Rs 64 crore
NEW DELHI: India’s largest real estate firm DLF has sold its seven remaining cinema screens in Delhi—six in Saket and one in Greater Kailash 2—under its cinema exhibition business to Mexican movie theatre chain...
China’s Dalian Wanda Group eyes controlling stake in PVR Cinemas
MUMBAI: A blockbuster buyout is in the works in India’s premier movie theatre company. Almost nine months after exploring an alliance, Asia’s largest film group and theatre operator Wanda Cinema, owned by...
ZEE drops plan to buy Anil Ambani’s Reliance Broadcast
MUMBAI: Zee Entertainment EnterprisesBSE -0.07 % (ZEE) is no longer interested in acquiring the broadcasting business of Anil Ambani-owned Reliance BroadcastBSE 0.00 % Networks (RBN). ZEE was looking to acquire...
Zee Entertainment sells Ten Sports to Sony Pictures for Rs 2,600 crore
MUMBAI: Sony Pictures Networks India (SPN) will acquire Ten Sports for Rs 2,600 crore ($385 million) from Subhash Chandra-run Zee Entertainment Enterprises (ZEE). The deal will raise SPN’s sports profile and put...
