Warner Bros Discovery is no longer pursuing a merger with Paramount Global, halting talks after several months of kicking the tires on merging the media companies, CNBC reported on Tuesday, citing sources familiar with...
Zee, Sony huddle in dramatic twist to salvage merger
No twist is too dramatic for serialised shows that are staple of nighttime television in India’s vast market for general entertainment. It’s no different, it appears, in the two-year-long saga that has...
RedBird IMI strikes $1.45 bln deal for UK’s All3Media
Jeff Zucker-led investment group RedBird IMI has struck a 1.15 billion pound ($1.45 billion) deal to buy Britain’s All3Media, the production house behind hit TV shows “Fleabag” and “Squid Game:...
ZEE shareholder Mad Man Film Ventures files fresh application in NCLT against Sony
ZEE shareholder Mad Man Film Ventures has filed another application before the National Company Law Tribunal (NCLT) on Friday stating that Sony cannot pre-empt proceedings while the matter is pending before the tribunal...
Sony challenges maintainability of Zee’s application before NCLT
Sony Group’s India units Culver Max Entertainment and Bangla Entertainment have filed applications before the National Company Law Tribunal (NCLT) challenging the maintainability of Zee Entertainment...
Zee-Sony Row: Sony ‘disappointed’ after SIAC allows Zee to approach India tribunal over merger dispute
Sony Entertainment (India) has expressed disappointment over the Singapore International Arbitration Centre’s (SIAC) order allowing Zee Entertainment to approach Indian tribunal to enforce a $10 billion merger...
Can go to NCLT to enforce Sony merger deal after SIAC rejects petition: Zee
Zee Entertainment can ask an Indian tribunal to enforce a $10 billion merger with Sony’s Indian unit after a Singapore arbitration centre rejected an emergency petition by the Japanese company for a stay of...
Reliance’s Viacom18 likely to pick up 50% stake in Disney India
Reliance continues to be in talks with Disney India to merge the American entertainment giant’s local businesses with Viacom18, with the Ambani-led company likely pick up atleast a 50% stake in the merged entity...
Restrain ZEE from seeking relief from NCLT or other courts: Sony to SIAC
Sony Group-owned entities Culver Max Entertainment and Bangla Entertainment have urged the Singapore International Appellate Tribunal (SIAC) to restrain Zee Entertainment Enterprises (ZEE) from seeking legal remedies...
Reliance, Bodhi Tree discuss 60% stake in Disney India merger talks: Rpts
Reliance is advancing talks with Walt Disney to merge its India media businesses, with the Indian firm run by billionaire Mukesh Ambani set to pick up a 51-54 per cent stake and Disney around 40 per cent, three sources...
Byron Allen submits $30 bln offer for Paramount Global, including debt
Media entrepreneur Byron Allen has submitted a $30 billion offer for Paramount Global, including debt and equity, Allen Media Group said in an emailed statement to Reuters on Tuesday. Bloomberg News, which first...
Sony scrapped $10 bn merger as Zee failed to meet financial terms: Report
Sony scrapped the $10 billion merger of its Indian arm with Zee Entertainment in part because Zee failed to meet some financial terms of the deal and come up with a plan to address them, according to a termination...
