The Zee Entertainment-Sony Pictures merger is expected to be delayed further. The merger, which had been announced in December 2021 and was approved by the National Company Law Tribunal (NCLT) in August 2023, is still...
Liberty Media proposes merger with radio broadcaster Sirius XM
Billionaire John Malone’s Liberty Media is looking to combine the business that contains its stake in SiriusXM with the rest of the radio company, in a deal to create a publicly listed firm controlled by the...
Nod for Zee-Sony deal violates Sebi order, Axis tells NCLAT
Axis Finance Ltd has told an appeals court that the National Company Law Tribunal (NCLT) approved the Zee-Sony merger in “contravention” of a regulatory order against Punit Goenka, former managing director and...
Axis Finance approaches NCLAT against NCLT approval of Zee-Sony merger
Axis Finance has filed an appeal in the National Company Law Appellate Tribunal (NCLAT) against the National Company Law Tribunal’s (NCLT) nod to the Zee-Sony merger, the company said on Thursday. This comes just...
Disney holds preliminary talks with Nexstar on ABC sale – sources
Walt Disney Co has held exploratory discussions about selling its U.S. TV network ABC to regional TV station operator Nexstar Media Group Inc, two people familiar with the matter said on Thursday. Media entrepreneur...
Apple should end deal drought by buying ESPN from Walt Disney, says analyst
Apple Inc. is famous for avoiding high-profile acquisitions, but it should make an exception for Walt Disney Co.’s ESPN as it looks to build out the sports offerings on its streaming-video service, according to Wedbush...
Paramount drops plans to sell BET Media stake – WSJ
Paramount Global dropped its plans to sell a majority stake in BET Media Group, which includes the VH1 and BET cable networks and BET+ streaming service, the Wall Street Journal reported on Wednesday, citing people...
Daily Mail in talks with investors over potential bid for Britain’s Telegraph
The Daily Mail and General Trust has registered its interest with British bank Lloyds for a potential bid for The Telegraph, a spokesperson told Reuters on Saturday. However, while it has been engaging with several...
NCLT allows Zee’s application of merger with Sony
The Mumbai bench of the National Company Law Tribunal (NCLT) approved the merger scheme between Zee Entertainment Enterprises Limited (ZEEL) and Culver Max Entertainment (Sony). The bench in its oral order allowed the...
Zee-Sony Merger: NCLT to pronounce its order today
The Mumbai bench of the National Company Law Tribunal (NCLT) will pronounce its order on the merger scheme between Zee Entertainment Enterprises Limited (ZEEL) and Culver Max Entertainment (Sony) on Thursday. On July...
Bollywood actor Suniel Shetty buys minority stake in Panja League
Actor and entrepreneur Suniel Shetty has picked up a minority stake in Pro Panja League, a professional arm-wrestling tournament launched by celebrity couple Parvin Dabas and Preeti Jhangiani through their company Panja...
Vivendi announces agreement for full sale of Gala magazine
Vivendi subsidiary Prisma Media has entered into a put option agreement with Groupe Figaro for the full sale of French gossip publication Gala magazine, the French media and communications giant announced on Thursday...