The Sony group is planning to call off the merger pact with Zee Entertainment Enter–prises, capping two years of drama and delay in creating a $10 billion media giant, said people familiar with the matter. The Japanese...
Reliance, Disney start antitrust diligence on India media merger
Indian billionaire Mukesh Ambani’s Reliance Industries and Walt Disney have appointed law firms and started antitrust due diligence of their planned Indian media and entertainment merger, four people familiar with...
Disney, Reliance sign non-binding agreement for Indian media operations merger, says report
Reliance Disney Merger: Walt Disney and Reliance Industries have entered a non-binding agreement for their Indian media operations merger on December 25, 2023, according to a report by ET. Under the merger agreement...
Warner Brothers Discovery explores merger with Paramount: report
Warner Brothers Discovery shares slid more than 5 per cent Wednesday after reports emerged that the media and entertainment giant is exploring a merger with rival Paramount Global. Warner Brothers Discovery chief...
Zee, Sony in talks to extend merger deadline
Zee Entertainment Enterprises said on Wednesday that it was in talks with Sony Group’s India unit about extending a merger deadline to create a $10 billion media and entertainment powerhouse.Zee Entertainment...
India’s Adani group to acquire controlling stake news agency IANS
Adani Enterprises, Indian billionaire Gautam Adani’s flagship firm, said on Saturday it had acquired a majority stake in news agency Indo-Asian News Service or IANS as the conglomerate tries to consolidate its...
RedBird IMI in talks to buy UK’s All3Media in $1.3 bln deal -FT
Investment group RedBird IMI is in advanced talks to buy UK film and TV production firm All3Media in a deal worth about 1 billion pounds ($1.26 billion), the Financial Times reported on Tuesday, citing people familiar...
Supreme Court to hear insolvency plea against Zee promoters, issues notices
The Supreme Court has issued notices to two promoter companies of Zee Entertainment Enterprises Ltd, agreeing to hear a plea filed by IDBI Trusteeship Services for insolvency proceedings. IDBI Trusteeship had challenged...
Celebrity management agency Matrix merges with Bling Entertainment
Bling Entertainment, led by partners Swati Iyer, Piya Sawhney and Shanti Sivaram, has merged with another celebrity platform, Matrix, in a move indicating consolidation in India’s growing celebrity management industry...
Banijay pulls out of race for All3Media – sources
Banijay, the French TV production group owned by FL Entertainment, has pulled out of talks to buy British rival All3Media, said three people with knowledge of the matter. All3Media’s joint owners, Liberty Global...
US FCC approves Dish, EchoStar merger deal
The Federal Communications Commission (FCC) said it approved a merger between Dish Network and satellite operator EchoStar, reuniting billionaire Charlie Ergen’s telecom empire to tackle growing competition from...
India’s TV18 Broadcast to merge with Network18 in $1.2 bln deal
India’s TV18 Broadcast will merge with Network18 Media & Investments in a $1.2 billion deal that will help the Reliance-owned companies expand their reach and cut costs, they said on Wednesday. The all-stock...
