Invesco Developing Markets Fund, which has a 10.14 per cent stake in Zee Entertainment, will sell half of its stake in the company in a block deal on Tuesday, sources told Business Standard. Invesco holds the...
Zee is in talks with CCI to get approval for merger with Sony Entertainment
Zee Entertainment Enterprises has written to the Competition Commission of India (CCI) in order to get the latter’s permission to merge its operations with Sony Entertainment. The firm is citing the latest TV viewership...
Inspired Entertainment in bid to buy slot machine maker PlayAGS
Gaming equipment provider Inspired Entertainment has made a $370 million offer to acquire slot machine maker PlayAGS Inc, people familiar with the matter said on Friday. Inspired has offered $10 per share in cash to...
Entertainment firm Falcon’s Beyond to go public via $1 billion SPAC deal
Entertainment firm Falcon’s Beyond has agreed to go public through a merger with blank-check vehicle in a deal valuing the combined entity at about $1 billion, including debt, the companies said on Tuesday. The...
Malpani Group ties-up with Aditya Birla ARC to acquire Imagicaaworld Entertainment
The Malpani Group has tied up with Varda Capital-backed Aditya Birla Asset Reconstruction Company to jointly acquire the distressed loans of Manmohan Shetty-promoted Imagicaaworld Entertainment Ltd, in a deal which...
Good Glamm buys MissMalini Entertainment to expand footprint in celeb media
Good Glamm Group, South Asia’s largest content-to commerce conglomerate, has acquired MissMalini Entertainment- India’s largest celebrity media and influencer talent management network. This is a first of its...
Sony’s gaming division to buy ‘God of War’ maker Valkyrie Entertainment
Sony Corp’s wholly-owned gaming division said on Friday it had agreed to buy “God of War” developer Valkyrie Entertainment for an undisclosed amount, as it seeks to add more muscle to its PlayStation...
FAST Acquisition refuses to terminate SPAC merger with Fertitta Entertainment
FAST Acquisition Corp, a blank-check firm, refused to end its merger with Fertitta Entertainment, owned by billionaire Tilman Fertitta, saying the termination initiated by Fertitta is invalid. Fertitta Entertainment had...
Former CEO’s acquisition of Reliance Entertainment could fructify by April
The acquisition of Anil Ambani’s Reliance Entertainment by its former chief executive officer Shibasish Sarkar through his new venture International Media Acquisition Corp. is likely to be finalized by March or April...
Reliance Entertainment CEO looks to buy Anil Ambani film firm via US SPAC
The veteran film executive behind Udta Punjab, Queen, Naam Shabana, and television shows like Kaun Banega Crorepati looks to hit a jackpot. Shibasish Sarkar, the group chief executive of Reliance Entertainment Pvt Ltd...
Zee Entertainment signs deal for merger with Sony Pictures India
The Board of Directors of ZEE Entertainment Enterprises Limited (ZEEL) unanimously provided in-principle approval for the merger between Sony Pictures Networks India (SPNI) & ZEEL. SPNI will also infuse growth...
Fox Entertainment acquires TMZ from AT&T-owned WarnerMedia
Fox Corp-owned Fox Entertainment has acquired the TMZ entertainment platform and its media properties from AT&T Inc-owned WarnerMedia, Fox announced Monday. Financial terms were not disclosed. Fox Entertainment...