The Competition Commission of India (CCI) has approved Tata Sons’ acquisition of a 10% stake in direct-to-home (DTH) provider Tata Play from Temasek-owned Baytree Investments. Post acquisition, Tata Sons’...
BCCI clears Torrent Group’s 67% stake acquisition in Gujarat Titans from CVC
The Board of Control for Cricket in India (BCCI) has approved Torrent Group’s acquisition of a 67% stake in Indian Premier League (IPL) franchise Gujarat Titans from private equity firm CVC Capital Partners. With...
Times Music buys Indian regional record labels symphony, ARC
Times Music, a subsidiary of The Times Group, has acquired Indian regional record labels Symphony Recording Co and ARC Musicq. These mark the company’s first acquisitions since its 2023 partnership with Primary...
EU regulators set July 1 deadline for Liberty Media, Dorna deal
EU antitrust regulators have set a July 1 deadline for their decision on Liberty Media’s 3.5-billion-euro ($3.8 billion) bid for Dorna Sports as they resumed their investigation, according to an update on the...
Elon Musk says he is not interested in buying TikTok
Billionaire Elon Musk said that he was not interested in purchasing TikTok, the popular short-video app that the United States has been trying to ban over national security concerns with its Chinese owner ByteDance...
Warner Music acquires controlling stake in Tempo Music from Providence Equity
Warner Music Group (WMG) has acquired a controlling stake in Tempo Music Investments, an investment platform for premium music rights, from Providence Equity Partners, which will remain a minority investor in Tempo and...
ITV, RedBird IMI in early-stage talks to merge production businesses, sources say
British broadcaster ITV has been holding early-stage talks with Abu Dhabi-backed group RedBird IMI about a possible merger of their respective production businesses, two people with knowledge of the situation said. The...
Getty Images explores merger with Shutterstock, Bloomberg News reports
Getty Images Holdings is exploring a merger with its rival Shutterstock, Bloomberg News reported on Friday, citing people familiar with the matter, sending the stock of both image licensing companies up in afternoon...
NCLAT clears Sapphire Media’s acquisition of Big 92.7 FM, upholds order
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld the approval of Sapphire Media’s resolution plan for acquiring Big 92.7 FM, owned by Reliance Broadcast Network Limited, dismissing a batch of...
Murdoch’s News Corp to sell Foxtel to DAZN for $2.1 billion
News Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for A$3.4 billion ($2 billion) including debt, cutting the Murdoch-controlled media empire’s exposure to a...
Ad giants Omnicom and Interpublic in merger talks, WSJ reports
Advertising and marketing conglomerate Omnicom Group is in advanced talks to acquire Interpublic Group in an all-stock deal that would value Interpublic between $13 billion and $14 billion, excluding debt, the Wall...
Ipsos weighs binding offer to buy Kantar Media, sources say
French market research group Ipsos is preparing a binding offer to buy the TV ratings data business from market research group Kantar, two people with knowledge of the matter told Reuters. Ipsos, with headquarters in...
