Vice Media has finalised its sale to a group of buyers including Fortress Investment Group after a deal of paying out $ 222 million to the bankrupt company, reported Reuters based on a legal filing. Company’s...
Media
Securities Appellate Tribunal adjourns ZEEL promoters’ plea to June 26
The Securities Appellate Tribunal (SAT) will hear on June 26 the plea of Zee Entertainment Enterprises Limited Chairman emeritus Subhash Chandra and his son and MD Punit Goenka to set aside the Securities & Exchange...
EU antitrust regulators approve Vivendi, Lagardere deal
Vivendi, the French media conglomerate controlled by billionaire Vincent Bollore, on Friday, won conditional EU antitrust approval for its acquisition of France’s largest publisher Lagardere. Vivendi last year...
Liberty Global and Warner Bros Discovery owners weigh deal for All3Media -sources
The owners of All3Media, Britain’s largest independent TV production company, are exploring options that include cashing out on their joint venture in a deal worth more than 1 billion pounds ($1.26 billion), three...
NCLAT sets aside NCLT order on Zee Entertainment-Sony India merger
The National Company Law Appellate Tribunal (NCLAT) on Friday set aside an order by the National Company Law Tribunal (NCLT), which had directed the National Stock Exchange (NSE) and BSE to review their no-objection...
ZEE Entertainment to move appellate body against NCLT order
Zee Entertainment Enterprises (ZEEL) is set to move the National Company Law Appellate Tribunal (NCLAT) against the National Company Law Tribunal’s (NCLT) May 11 order, a source close to the development told ET...
Lytus Technologies acquires majority stake in Sri Sai Cable and Broadband
Lytus Technologies Holdings PTV Ltd., a global technology-driven services company, has acquired Sri Sai Cable and Broadband Pvt Ltd., a regional multi-service operator (MSO) based in Telangana. The move signifies Lytus...
Zee-Sony merger to face fresh roadblock
The proposed merger of Zee Entertainment Enterprises Ltd with Sony Pictures Networks India (SPN) is likely to face a fresh setback after the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on Thursday...
Zee Media in race to buy FM radio broadcaster RBNL
Zee Media Corporation Limited (ZMCL) has got board approval to bid for Reliance Broadcast Network Limited (RBNL), a company that has been put under the corporate insolvency process by the National Company Law Tribunal...
Paramount agrees to settle Viacom-CBS merger investor lawsuit
Paramount Global has agreed to a $167.5 million settlement of a case stemming from the 2019 merger of Viacom Inc and CBS Corp that created the entertainment company, a filing showed. The settlement, reached on Tuesday...
OFI Global China Fund sells entire stake in ZEEL for ₹1,004 cr via block deal; Morgan Stanley, Goldman Sachs invest
Media channel, Zee Entertainment’s (ZEEL) share price dropped by over 3% on Monday as a Chinese fund house exited the company by selling its entire stake for ₹1,004 crore through a block deal. On the other hand...
DNEG to acquire Prime Focus Technologies’ business
DNEG, a visual entertainment services company, has entered into a memorandum of understanding to acquire Prime Focus Technologies (PFT), that works to provide cloud-based software and artificial intelligence (AI)...
