Cinema exhibitor PVR Inox has inked a strategic partnership with Amazon Pay to enhance the payment experience for moviegoers across India. This collaboration will enable millions of consumers to make safe, fast, and...
Barry Diller’s IAC explores bid to take control of Paramount, source says
Billionaire Barry Diller’s digital-media conglomerate IAC is exploring a bid to take control of Paramount Global, a person familiar with the matter told Reuters on Monday. IAC has entered into non-disclosure...
Nazara Tech share zooms 9% on acquisition of Freaks 4U Gaming for Rs 271 cr
Shares of Nazara Technologies climbed as much as 9 per cent to hit an intraday high of Rs 887.05 per share on Friday. The uptick in share price came after Nazara Technologies said NODWIN Gaming will increase its...
Keywords Studios set to recommend $2.48 bln takeover by EQT
Video game services group Keywords Studios said on Friday it was willing to agree to a 1.96 billion pound ($2.48 billion) takeover by EQT if the private equity firm made a formal offer at that price. The latest proposal...
Imagicaaworld Ent gains after board OKs to acquire MPIPL for Rs 55 cr
Imagicaaworld Entertainment rose 1.18% to Rs 79.96% after the company’s board approved to acquire 100% stake in Malpani Parks Indore (MPIPL) held by Malpani Parks Private for a total consideration of up to Rs 55...
Boyd Gaming makes acquisition approach to Penn Entertainment, sources say
U.S. casino operator Boyd Gaming has approached Penn Entertainment to express interest in acquiring its peer, valued at more than $9 billion, including debt, according to people familiar with the matter. The potential...
US-based AIG forms India JV with Creativeland Studios
Beverly Hills-headquartered talent management firm Artist International Group (AIG) has set foot in India through a joint venture (JV), AIG India, with Creativeland Studios to take advantage of the country’s...
Cineworld plots sale of some UK cinema operations, Sky News reports
Cineworld is in talks over a possible sale as part of a strategic review that could lead to a wholesale restructuring of its business, Sky News reported on Saturday, citing unidentified sources. The operator and owner...
Desert venture acquires entertainment firm in latest test of Saudi ambitions
The company behind Saudi Arabia’s vast Qiddiya sports and entertainment complex near Riyadh will take over entertainment business SEVEN, in a bid to expedite the multi-billion dollar project, sources told Reuters...
Sony Group, others eyeing buyout of Infocom, Bloomberg News reports
Sony Group and other parties are considering buying online comic store operator Infocom Corp in a deal worth up to 200 billion yen ($1.28 billion), Bloomberg News reported on Thursday. Infocom parent Teijin Ltd is...
Sony, Apollo discuss joint bid for Paramount, says source
Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for Paramount Global, according to a person familiar with the matter. The companies have yet to approach Paramount, which is in...
Nazara Tech, Resurgent consortium bidders for Smaaash
Gaming firm Nazara Technologies and a consortium of financial services firm Resurgent India and Sanjay Lodha placed formal bids to buy Sachin Tendulkar-backed sports entertainment company Smaaash Entertainment Pvt. Ltd...