Veteran media executive Edgar Bronfman Jr. submitted a bid on Monday to acquire a stake in Paramount Global and National Amusements, the Redstone family company that controls the entertainment giant, a person familiar...
Edgar Bronfman submits roughly $4.3 bln rival bid for Paramount Global
Veteran media executive Edgar Bronfman Jr. on Monday submitted a roughly $4.3 billion bid to take over Paramount Global through the acquisition of National Amusements, the family holding company that owns a controlling...
Reliance, Disney to offer concessions to win antitrust nod for merger
Reliance and Walt Disney have offered to sell some channels to win faster antitrust approval for their $8.5 billion India media assets merger, but are resisting changes to cricket broadcast rights they own, two sources...
News Corp considers selling Australia pay TV and streaming unit
Rupert Murdoch’s News Corp said it may sell Australian cable TV and streaming unit Foxtel after receiving an approach, a deal that would end its involvement in a high-overhead asset that has struggled to adapt to...
Disney may have to pay $5 bln more for Comcast’s Hulu stake
Walt Disney said on Wednesday it may have to pay up to $5 billion more to buy Comcast’s minority stake in Hulu, if an appraiser were to agree with Comcast’s assessment that the stake should be valued at more...
Viacom18, Star India expect to complete merger by October
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...
