Zee Entertainment Enterprises Ltd’s board of directors has endorsed a new organizational framework proposed by managing director and CEO Punit Goenka. Goenka, who will assume direct charge of the domestic...
Zee withdraws NCLT plea in Sony merger case
ZEE Entertainment Enterprises Limited (ZEEL) has withdrawn its application from the National Company Law Tribunal (NCLT) that sought directions to Sony Group Corp-owned Culver Max Entertainment and Bangla Entertainment...
Italy’s MFE welcomes ProSieben’s decision to divest non-core businesses
Italy’s MFE-MediaForEurope on Friday welcomed the decision by Germany’s ProSiebenSat.1 to sell some of its non-core businesses. In a statement, the media company, controlled by the family of late Italian...
Paramount could acquire Skydance in $5 bln all-stock deal, WSJ reports
A deal between Paramount Global and Skydance Media could see the media conglomerate acquire the independent studio in an all-stock transaction valued at around $5 billion, the Wall Street Journal reported on Friday...
Warner Music drops plans to bid for France’s Believe
Warner Music Group will not submit an offer to acquire French digital music company Believe, the music label said in a statement on Saturday. Warner Music had revealed plans last month to submit a bid of at least 17...
Vivendi’s Canal+ makes mandatory buyout offer for South Africa’s MultiChoice
French media group Vivendi’s Canal+ on Monday made a mandatory offer to buy all the shares of South African broadcaster MultiChoice it does not already own, both companies said. Canal+, the biggest shareholder in...
Paramount to enter into exclusive merger talks with Skydance: Report
Members of Paramount Global’s board agreed on Wednesday to enter into exclusive merger talks with Skydance Media, favoring the independent studio over a $26 billion offer from Apollo Global Management, a person...
Yahoo acquires Instagram co-founders’ AI news platform Artifact
Yahoo said on Tuesday it had acquired Instagram co-founders’ AI-driven news platform, Artifact, and will incorporate its technology across the U.S. web services provider’s news and other sites. The deal...
Investors greenlight Donald Trump’s $6 billion social media merger deal
Former U.S. President Donald Trump came a step closer on Friday to reaping a major windfall from his social media firm after investors in a blank-check acquisition company approved a tie-up currently worth about $6...
Dashmani Media Amplifies Digital Dominance with Acquisition of Crazy 4 Bollywood, Crazy 4 TV, Bachelors Society, and Purvanchal Live
Dashmani Media Private Limited has strategically broadened its portfolio in the digital entertainment sector with the acquisition of four prominent content platforms: Crazy 4 Bollywood, Crazy 4 TV, Bachelors Society...
Planetcast acquires Australia’s Switch Media
Apollo Global Management-backed Indian media tech company Planetcast Media Services has acquired Australia’s Switch Media, a white-label OTT platform provider in Asia-Pacific, Europe, and the US. As per the...
France’s YKONE buys marketing agency Barcode
French international influencer marketing agency YKONE has bought a controlling stake in Indian content and influencer marketing agency Barcode Entertainment to foray into the Indian market, top executives of both firms...
