Vodafone Group Plc is in talks to merge its UK operations with Three UK, which is owned by Hong Kong-based CK Hutchison Holdings Ltd, the Financial Times reported on Wednesday, citing people with direct knowledge of the...
French TV producer Banijay to go public via Arnault-backed blank-check company
French media group Banijay will go public through a merger with a blank-check acquisition firm backed by billionaire Bernard Arnault in a deal worth more than 4 billion euros ($4.21 billion), an executive at its parent...
TelevisaUnivision agrees to acquire streaming service Pantaya
TelevisaUnivision said it has reached an agreement with a subsidiary of Hemisphere Media Group Inc to acquire Pantaya, a streaming platform in the United States for Spanish language movies and series, in exchange for...
Publicis acquires e-commerce software company Profitero for 200 mln euros
French advertising company Publicis SA said it would acquire Profitero, a global e-commerce software platform as it seeks to step up its clout in the online retail sector. Profitero, which employs 300 staff, is...
Elon Musk’s initial 9% stake purchase in Twitter under FTC scrutiny: Report
Tesla Inc Chief Executive Elon Musk’s initial 9% stake purchase in Twitter Inc is being probed by the Federal Trade Commission (FTC), The Information reported on Thursday. The FTC is looking into whether Musk...
Investors fret over potential Musk U-turn in $44 billion Twitter buyout
Investors speculating over whether Elon Musk will complete his $44 billion acquisition of Twitter Inc sent the social media company’s shares on Wednesday to their lowest level since the deal was announced two days...
HDFC moved NCLT against SITI Networks claiming default of Rs 296 cr
Housing Development Finance Corporation Ltd (HDFC) has moved insolvency tribunal NCLT against the country’s leading multi-system operator SITI Networks Ltd for alleged default of Rs 296 crore. SITI Networks has...
Chingari In Talks To Raise Funds At $1 Bn Valuation
Tech4Billion Media is set to raise $200 million at a valuation of $1 billion, which will catapult the operator of video-sharing platform Chingari into India’s fast-growing league of so-called startup unicorns, said two...
WarnerMedia and Discovery’s merger all set to transform media segment
The most-awaited mega-merger of WarnerMedia and Discovery holds the capability to transform the media grounds drastically. David Zaslav, Discovery CEO, is making news as he is busy setting up the executive suite and has...
WarnerMedia, Discovery complete merger, become Warner Bros Discovery
AT&T Inc’s WarnerMedia unit and Discovery Inc have completed their merger, the companies said on Friday. The combined company, Warner Bros Discovery Inc, will start trading on the Nasdaq on Monday under the...
Invesco looks to sell 7.8% stake in Zee via block deal
After a seven-month-long legal tussle with the founders of Zee Entertainment Enterprises Ltd for control of India’s largest publicly traded media company, Invesco Developing Market Funds, the broadcaster’s largest...
Govt merges Films Division, DFF, NFAI, CFSI with NFDC
The government on Wednesday announced the merger of four film media units – Films Division, Directorate of Film Festivals (DFF), National Film Archive of India (NFAI), and Children’s Film Society of India...
