Reliance Industries-promoted Viacom18 and Walt Disney-owned Star India are hopeful of completing their merger by October, when the Competition Commission of India (CCI) is also expected to issue its order, officials...
Board of Zee Entertainment approves acquisition of balance 20% stake in Margo Networks
At meeting held on 31 July 2024 The board of Zee Entertainment Enterprises at its meeting held on 31 July 2024 has approved the acquisition of balance 20% stake in Margo Networks, a subsidiary of the Company. Margo...
NCLT lists Disney’s Star India and Reliance’s Viacom18 merger plea hearing on August 1 for final disposal
The National Company Law Tribunal (NCLT) has listed Walt Disney-owned Star India and Reliance Industries (RIL)-promoted Viacom18’s merger application for hearing and final disposal on August 1. Legal experts say...
Paramount, Skydance merger faces court challenge by shareholder
A Paramount Global investor has sued to block its merger with Skydance Media, saying the deal would cost its shareholders $1.65 billion, according to a lawsuit filed in Delaware’s Chancery Court on Wednesday...
Reliance-Disney $8.5 billion merger faces scrutiny, CCI sends 100 antitrust queries
The Competition Commission of India (CCI) has sent nearly 100 queries to Reliance Industries and Walt Disney regarding their $8.5 billion merger of Indian media assets, Reuters reported on Monday quoting two anonymous...
Axel Springer, KKR considering split of German media giant, sources say
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...