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...
Media
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...
NCLT reserves order on Zee-Sony merger scheme
The Mumbai bench of the National Company Law Tribunal (NCLT) has reserved its order on the merger scheme between Zee Entertainment Enterprises (ZEE) and Culver Max Entertainment (Sony). The division bench of judicial...
Havas Media India acquires PivotRoots
French advertising and public relations company Havas’s India arm, Havas Media India, has announced the acquisition of PivotRoots, a digital marketing and communications agency. PivotRoots was launched in 2016 by Shibu...
Zee Entertainment, IndusInd settle payments issue, NCLAT disposes of appeal
Zee Entertainment and IndusInd Bank announced that all the due payments have been settled between the two entities, as per media reports. The National Company Law Appellate Tribunal (NCLAT) has disposed of the appeal...
Insolvency plea against Essel entity Cyquator dismissed
The National Company Law Tribunal (NCLT) has dismissed IDBI Trusteeship Services’ petition seeking Corporate Insolvency Resolution Process (CIRP) proceedings against Essel Group entity Cyquator Media Services for...
Zee’s plea against Sebi order: SAT adjourns hearing
The Securities Appellate Tribunal (SAT) adjourned the hearing on Essel Group chairman Subhash Chandra and ZEE managing director and CEO Punit Goenka’s plea to Tuesday. The Securities & Exchange Board of India...
Vice Media to be acquired by Fortress-led lender group for $350 million
Online publisher Vice Media will be sold to a consortium led by Fortress Investment Group after the bankruptcy court approved its $350-million bid. The investor group, which includes Soros Fund Management and Monroe...
