Newspaper publisher Telegraph Media Group and the Spectator magazine launched a formal sale process for the businesses. The Telegraph group could fetch 600 million pounds ($726.72 million) from the sale, Sky News had...
Media
No plans to dilute stake in Rajasthan Royals: Manoj Badale
Emerging Media Ventures, the owner of Indian Premier League (IPL) team Rajasthan Royals (RR), has no intention of selling a portion of its controlling stake in the franchise despite interest from private equity and...
Hotstar’s owner to merge with Star India
Novi Digital Entertainment, which owns the Disney+ Hotstar streaming platform, has initiated a process to merge with its parent firm, Walt Disney Company-owned Star India. Both companies have already filed the scheme of...
Southwind Media eyes sale its stake in Spain’s Mediapro- sources
Mediapro’s main shareholder, Hong Kong-based investor Southwind Media, is exploring a possible sale of its stake in the Spanish sports rights and broadcasting group, two people familiar with the matter told...
Temasek in talks with Tata Group to offload 20% stake in Tata Play
Singapore-based investment firm Temasek is in advanced talks with the Tata Group to sell its 20% stake in Tata Play to the Indian conglomerate that owns the largest stake in the direct-to-home (DTH) company, people...
Shell company Vertex Tech to buy streaming platform in landmark deal for Singapore
Singapore’s Vertex Technology Acquisition Corp (VTAC) will buy live streaming platform 17LIVE Inc for up to S$925.1 million ($676 million), the special purpose acquisition company (SPAC) backed by state investor...
Zee-Sony merger: Deal completion expected to take a few more months
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...
