Japan’s Sega Sammy Holdings Inc is nearing a deal to acquire Rovio Entertainment, the company behind the ‘Angry Birds’ mobile game, for about $1 billion, the Wall Street Journal reported on Friday...
Ladbrokes owner Entain buys sports media business 365scores
British gambling group Entain Plc said it acquired sports media business 365scores for up to $160 million to improve its interactive content and experience for users. The acquisition includes contingent payments of up...
Nazara’s subsidiary acquires 51% stake in of Branded Pte. Ltd
Listed gaming startup Nazara Technologies Ltd’s on Tuesday announced its subsidiary Nodwin International Pte. Ltd has signed definitive agreements for the acquisition of 51 per cent of the share capital of Branded Pte...
UFC parent Endeavor Group to acquire WWE in $9.3 bln deal
Endeavor Group Holdings Inc, the parent of the popular UFC mixed martial arts franchise, said on Monday it will acquire entertainment firm World Wrestling Entertainment Inc in a deal valued at $9.3 billion. Endeavor...
South Korea’s Krafton to acquire 10% of Polish video games maker PCF Group
Polish video games maker PCF Group said late on Tuesday Krafton Inc, a South Korean company backed by China’s Tencent, will acquire a 10% stake in the company, sending its shares nearly 10% higher. Under the...
K-pop takeover battle loser HYBE to sell $437 mln stake in SM
South Korean music label HYBE, manager of boy band BTS, said on Friday it aimed to sell its entire 15.8% stake in K-pop pioneer SM Entertainment for 564 billion won ($437 million) by accepting a tender offer from bidder...
NCLT lets IPRS withdraw its insolvency plea against ZEE
The National Company Law Tribunal (NCLT) has allowed the Indian Performing Right Society Ltd (IPRS), an operational creditor of Zee Entertainment Enterprises, to withdraw its insolvency petition. The move will bring the...
NCLT admits IBC pleas of IndusInd against ZEE, Siti
The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday admitted an insolvency petition against homegrown media company Zee Entertainment Enterprises Ltd (ZEE) filed by its financial creditor IndusInd...
NCLT grants approval to PVR-Inox merger scheme
The Mumbai bench of the National Company Law Tribunal (NCLT) has sanctioned the scheme of arrangement between cinema chains PVR and Inox Leisure. The written order is expected to come out in the next few days. “We...
Warner Bros Discovery explores sale of music library – FT
Warner Bros Discovery Inc is exploring a sale of its music library that could be valued at more than $1 billion, the Financial Times reported on Thursday, citing people familiar with the matter. The company is looking...
China’s NetEase buys Halo co-developer SkyBox Labs in global expansion drive
NetEase Inc said it had acquired Canadian gaming studio SkyBox Labs, best known for co-developing hits including Halo Infinite and Minecraft, as China’s second-largest video games firm steps up a global expansion effort...
GMR Sports in talks to buy gaming startup Fantasy Akhada
Fantasy gaming startup Fantasy Akhada is in talks to sell a significant stake to GMR Sports, a GMR Group entity, at a valuation of $160-175 million ( ₹1,300-1,400 crore), four people aware of the development said. The...