AMC Entertainment Holdings Inc.’s $1.1 billion deal to acquire Carmike Cinemas Inc. is on the verge of collapse, a setback for Chinese billionaire Wang Jianlin’s plans to build the world’s largest movie theater chain...
Lions Gate Said to Be in Advanced Talks to Acquire Starz
Lions Gate Entertainment Corp., the studio that produced “The Hunger Games” and “Mad Men,” is in advanced talks to acquire premium cable channel Starz, according to people with knowledge of the matter. A deal, which...
Brexit derails Lionsgate-Starz merger
The widely expected merger between Lionsgate and Starz has been derailed because of the Brexit currency chaos, The Post has learned. One of the banks being lined up to provide the financing was forced to withdraw from...
China’s Tencent buys ‘Clash of Clans’ maker Supercell for $8.6 billion
China’s biggest gaming group Tencent Holdings Ltd (0700.HK) is to buy a majority stake in ‘Clash of Clans’ mobile game maker Supercell from SoftBank Group Corp (9984.T) in a deal valued at roughly $8.6...
Stillfront Group AB: Stillfront Acquires Majority Stake in Simutronics
Stillfront Acquires Majority Stake in Simutronics Stillfront Group AB (Publ) today announces its acquisition of the majority of the shares in Simutronics Corp. Simutronics, based in St Louis, Missouri, was founded in...
Zee signs agreement with Dish Network to carry 27 new channels in America
MUMBAI: Indian broadcast major Zee Entertainment Enterprises (ZEE) has entered into an agreement with US-based pay TV operator Dish Network to expand its presence in the US territory. As a part of the deal, Dish and...
Hungama ties up with Sun TV and Maa TV for telugu content
Hungama Play, a leading video-on-demand provider, today announced the addition of Telugu content from south’s entertainment conglomerates, Sun TV Network, and Maa TV. With this acquisition and more in the...
Eros to acquire 50 per cent stake in Puja Entertainment
NEW DELHI: ErosBSE 0.07 % International Media today said it will acquire 50 percent stake in Puja Entertainment and Films but did not disclose the amount involved in the deal. The company has signed a “term sheet...
Astro Holdings to sell stake in Askme
Malaysia-based Astro Holdings, which owns around 95 per cent of Askme Group, is selling its stake. Manav Sethi, group chief marketing officer and head of digital strategy, Askme Group, confirmed the development. He...
Tencent nears deal to buy majority stake in Supercell
Tencent Holdings Ltd (0700.HK) is nearing a deal to buy a majority stake in Finnish games maker Supercell Oy, a person familiar with the matter said, marking the latest push by China’s biggest social network and...
Rel Entertainment sells majority as Tang Media infuses $200 million in IM Global
MUMBAI: Reliance Entertainment’s majority stake in Hollywood firm IM Global will be pared to 30% after an equity infusion of $200 million by Tang Media Partners (TMP). The Anil Ambani-led entertainment company had...
Reliance Entertainment sells majority stake in IM Global to Tang Media
NEW DELHI: Reliance Entertainment today said it has sold majority stake in film and television studio IM Global to Los Angeles-based Tang Media Partners (TMP). Following the deal, TMP Founding Partner Donald Tang would...
