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...
Sony eyeing M&A opportunities in India post termination of Zee deal: Tony Vinciquerra
Sony Pictures Entertainment (SPE) is in discussions for potential merger and acquisition (M&A) deals in India after the collapse of its merger deal with Zee Entertainment, the company’s chairman and CEO Tony...
Board of Quint Digital approves acquisition of 30% stake in Quintype Technologies India
The Board of Quint Digital at its meeting held on 30 May 2024 has approved acquiring the entire 30% equity stake, held by 360 One Seed Ventures Fund- Series 2 (formerly IIFL Seed Ventures Fund – Series 2) in...
Amazon to buy MX Player from Times Internet
Almost a year after calling off the deal, Amazon.com, Inc has resumed talks to acquire Times Internet-owned cash-strapped video streaming platform MX Player, two people with direct knowledge of the matter told Mint. The...
Viacom18, Star India move CCI for merger approval
Reliance Industries Ltd (RIL) owned Viacom18 and Walt Disney’s Star India have filed a combination notice with the Competition Commission of India (CCI) seeking approval for their merger deal, following the National...
The curious case of Disney’s 30% stake in Tata Play
For the Walt Disney Co., a 30% stake in Indian DTH (direct-to-home) player Tata Play, which it inherited as part of its global purchase of Rupert Murdoch’s 21st Century Fox assets, has become an albatross around its...
Reliance Industries seeks CCI approval for Viacom18-Star India merger
Billionaire Mukesh Ambani-promoted Reliance Industries has sought approval from fair trade regulator Competition Commission of India (CCI) for the USD 8.5-billion merger of Viacom18 and Star India Pvt Ltd (SIPL)...
Disney said to sell 30% stake in Tata Play to Tata Group, valuing co at $1 billion
Walt Disney Co. has struck a deal to sell its minority stake in a subscription television broadcaster to Tata Group, people familiar with the matter said, allowing the US media giant to focus on the merger of its Indian...
