Zee Entertainment Enterprises said on Wednesday that it was in talks with Sony Group’s India unit about extending a merger deadline to create a $10 billion media and entertainment powerhouse.Zee Entertainment...
India’s Adani group to acquire controlling stake news agency IANS
Adani Enterprises, Indian billionaire Gautam Adani’s flagship firm, said on Saturday it had acquired a majority stake in news agency Indo-Asian News Service or IANS as the conglomerate tries to consolidate its...
RedBird IMI in talks to buy UK’s All3Media in $1.3 bln deal -FT
Investment group RedBird IMI is in advanced talks to buy UK film and TV production firm All3Media in a deal worth about 1 billion pounds ($1.26 billion), the Financial Times reported on Tuesday, citing people familiar...
Supreme Court to hear insolvency plea against Zee promoters, issues notices
The Supreme Court has issued notices to two promoter companies of Zee Entertainment Enterprises Ltd, agreeing to hear a plea filed by IDBI Trusteeship Services for insolvency proceedings. IDBI Trusteeship had challenged...
Celebrity management agency Matrix merges with Bling Entertainment
Bling Entertainment, led by partners Swati Iyer, Piya Sawhney and Shanti Sivaram, has merged with another celebrity platform, Matrix, in a move indicating consolidation in India’s growing celebrity management industry...
Banijay pulls out of race for All3Media – sources
Banijay, the French TV production group owned by FL Entertainment, has pulled out of talks to buy British rival All3Media, said three people with knowledge of the matter. All3Media’s joint owners, Liberty Global...
US FCC approves Dish, EchoStar merger deal
The Federal Communications Commission (FCC) said it approved a merger between Dish Network and satellite operator EchoStar, reuniting billionaire Charlie Ergen’s telecom empire to tackle growing competition from...
India’s TV18 Broadcast to merge with Network18 in $1.2 bln deal
India’s TV18 Broadcast will merge with Network18 Media & Investments in a $1.2 billion deal that will help the Reliance-owned companies expand their reach and cut costs, they said on Wednesday. The all-stock...
General Atlantic weighs joining Hg in exploring sale of Argus Media stake – sources
U.S. private equity firm General Atlantic is weighing joining co-shareholder Hg in selling its stake in Argus Media, which could lead to 50% of the oil pricing data business being sold, four people familiar with the...
NCLT approves resolution plan for Television Home Shopping Network
The National Company Law Tribunal (NCLT) has approved a proposal jointly submitted by luggage manufacturer Goblin India and financial services firm Khandwala Finstock for the acquisition of bankrupt Television Home...
Zee-Sony India merger talks stall over disagreement on leadership – Mint
Talks of a merger between India’s Zee Entertainment Enterprises and Japan’s Sony’s Indian arm have stalled after a clash on which company’s top executive will run the merged entity, the Mint...
Zee-Sony merger: NCLAT transfers all cases to bench led by chairperson
The National Company Law Appellate Tribunal (NCLAT) transferred pleas filed by Axis Finance and IDBI Bank challenging the Zee-Sony merger to the bench of the chairperson, Ashok Bhushan. NCLAT’s move comes as the...
