German media giant Axel Springer, which owns Germany’s popular Bild tabloid and U.S. news site Politico, is considering a split of the company together with private equity KKR, two sources familiar with the matter...
Paramount, Skydance merger deal ends Redstone era
Streaming-era upstart Skydance Media began scripting a new chapter on Monday for Paramount Global, the day after reaching a deal to acquire one of Hollywood’s oldest studios, home of “SpongeBob...
Paramount’s directors approve merger with Skydance ending Redstone era
Paramount Global’s board of directors Sunday approved a deal to merge with Skydance Media, opening a new chapter for one of Hollywood’s oldest studios. The agreement could be finalised as soon as Sunday...
Collective Artists Network acquires Terribly Tiny Tales
Talent management firm Collective Artists Network has acquired digital content creator Terribly Tiny Tales (TTT) on the heels of securing funding from Zerodha co-founder Nikhil Kamath. The acquisition aligns with...
Skydance reaches new merger deal to buy controlling stake in Paramount
Shari Redstone’s National Amusements has reached a preliminary deal to sell its controlling interest in Paramount Global to David Ellison’s Skydance Media, three sources familiar with the matter told Reuters...
NCLT allows Zee to withdraw its merger implementation application
The National Company Law Tribunal (NCLT) has allowed ZEE Entertainment Enterprises Limited (ZEEL) to withdraw its implementation application that sought directions to Sony Group Corp-owned Culver Max Entertainment and...
RedBird IMI opens bids for its sale of UK’s Telegraph newspaper
Abu Dhabi-backed RedBird IMI said on Friday it had opened bids for its sale of the Telegraph and Spectator, having reversed its decision to acquire the right-leaning newspaper group after the government intervened...
Network 18, arms get NCLT approval to proceed with merger scheme
The National Company Law Tribunal (NCLT) has given Network18 and its subsidiaries TV18 and E18 the go-ahead to proceed with their composite scheme of arrangement. In its order dated June 5, the Mumbai bench of the NCLT...
Paramount Global owner calls off merger talks with Skydance Media
National Amusements, which owns a majority voting stake in embattled entertainment giant Paramount Global, said Tuesday that it has ended talks on a possible merger of Paramount with movie production company Skydance...
Shari Redstone kills potential Paramount merger with Skydance
Media heiress Shari Redstone abruptly ended talks with David Ellison’s Skydance Media on Tuesday, killing the potential sale of a controlling stake in Paramount Global to the independent studio, sources familiar...
Amazon acquires video streaming platform MX Player
Amazon has agreed to acquire MX Player as part of its strategy to expand its portfolio in India’s thriving market for video streaming services. MX Player will add to Amazon’s existing video services like Prime...
Paramount’s special committee agrees to recommend Skydance deal, WSJ reports
A special committee of Paramount Global’s board agreed to recommend a deal with Skydance Media, the Wall Street Journal reported on Friday, citing people familiar with the matter. A potential deal could end months...
