Viacom18 has sold 65% of the ad inventory of Bigg Boss 17 to 12 sponsors from across traditional and new-age categories, the company’s head of network sales, Mahesh Shetty, said. The TV and digital sponsors signed...
Blackstone holds initial talks with Disney for stake in India arm – sources
Private equity firm Blackstone has held preliminary discussions with Walt Disney to acquire a stake in the Indian arm of the entertainment firm, two sources familiar with the matter told Reuters on Wednesday. Blackstone...
Saregama India Ltd to acquire 6.61 lakh shares of Pocket Aces Pictures for Rs 174 crores
Saregama India Limited, India’s oldest music label company, announced that it will acquire 6.61 lakh shares of Pocket Aces Pictures Private Limited at a value of Rs 174 crores through secondary acquisition, said...
Supreme Court dismisses appeal against ND Art’s insolvency
The Supreme Court dismissed a petition by Naina Desai, widow of late art director Nitin Desai, seeking a review of the National Company Law Appellate Tribunal (NCLAT) order allowing bankruptcy proceedings against their...
Alchemy Copyrights to buy Round Hill Music for about $469 million
Alchemy Copyrights has agreed to buy music copyright-focussed investment firm Round Hill Music Royalty Fund for about $468.8 million, the companies said, giving it access to songs including Backstreet Boys’...
Zee-Sony merger: IDBI Bank files appeal against NCLT order
IDBI Bank has moved the appellate tribunal to challenge the National Company Law Tribunal’s approval for Sony-Zee merger, a move that could delay the big-ticket deal that has been approved by stock exchanges and the...
NCLAT issues notice to Zee Entertainment over IDBI Bank’s plea
The National Company Law Appellate Tribunal (NCLAT) on Thursday issued notice to Zee Entertainment Enterprises Ltd (ZEEL) over a petition filed by private sector lender IDBI Bank, directing it to file a reply within two...
NCLAT dismisses appeal to investigate PVR-INOX merger
The National Company Law Appellate Tribunal on Thursday dismissed the appeal filed by Consumer Unity and Trust Society, a think tank, asking the Competition Commission of India to investigate the PVR-INOX merger. The...
Music rights giant BMI in renewed talks to sell itself -sources
Broadcast Music Inc (BMI), the music rights company representing top songwriters such as Lady Gaga, Taylor Swift and Rihanna, is once again exploring options including a sale after it ditched its non-profit model...
IDBI Bank moves NCLAT on ZEE
IDBI Bank on Thursday moved the National Company Law Appellate Tribunal (NCLAT), challenging a National Company Law Tribunal order of 19 May, that rejected IDBI Bank’s plea to initiate insolvency proceedings against Zee...
Disney explores strategic options for India business – WSJ
Walt Disney is exploring strategic options for its Star India business, including a joint venture or a sale, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The company has talked to...
NCLT adjourns Sony-Zee merger case to July 10
The National Company Law Tribunal (NCLT) adjourned the hearing in the Sony-Zee merger case to July 10. The NCLT bench led by judicial member HV Subba Rao, and a technical member, Madhu Sinha, is hearing the matter...
