Australian casino operator Star Entertainment Group on Friday withdrew a A$9 billion ($6.6 billion) buyout proposal for rival Crown Resorts Ltd after an inquiry heard the target should lose its main licence, sending its...
Beginnen Media to invest Rs 400 crore on rural entertainment brand Azaad
At a time when TV broadcasters are busy scaling up their digital presence with video-on-demand streaming services, former ZEE executive Bharat Ranga has identified a totally underserviced audience segment with a huge...
Viacom18 and Zee Entertainment in early merger talks
Viacom18 Media Pvt. Ltd, the owner of the Colors general entertainment channel, and Subhash Chandra’s Zee Entertainment Enterprises Ltd are in initial talks for a potential merger that could create a large media firm...
Germany’s 468 SPAC to acquire children’s entertainment firm Boxine
German blank check firm 468 SPAC said on Thursday it had entered exclusive negotiations to buy children’s entertainment firm Boxine for about 1 billion euros ($1.2 billion). The price is based on a post-money valuation...
Consolidation in entertainment will keep us riveted
All hail the coming of the world’s third big online streaming giant: Warnermedia’s merger with Discovery is upon us. Consolidation in this business is good for the couch potato, and there will be more of it to go...
Instamojo acquihires entertainment startup Showman
Payment provider to small and medium enterprises, Instamojo, on Thursday announced that it has acqui-hired Bengaluru-based virtual theatre and vernacular content platform, Showman. The acquisition will help Instamojo...
Carnival Cinemas partners Louis Entertainment to expand in Northeast India
Indian multiplex chain Carnival Cinemas has entered into a strategic partnership with Louis Entertainment to expand its presence in Northeast India, including Arunachal Pradesh and Assam. As part of the deal, Carnival...
Zee Entertainment to transfer digital publishing business to Rapidcube
Zee Entertainment Board on Thursday approved the transfer of digital publishing business division of the company to Rapidcube Technologies Private Limited. “This is to inform you that the Board of Directors of the...
Zee Entertainment acquires film production, distribution biz from Zee Studios
Zee Entertainment Board on Thursday approved the acquisition of film production and distribution business from Zee Studios. Formerly known as Essel Vision Productions Limited, Zee Studios is a wholly-owned subsidiary of...
Pandemic-hit AMC Entertainment to sell up to 15 million shares to raise funds
AMC Entertainment Holdings Inc said on Thursday it has reached a deal with some banks to sell up to 15 mln shares, seeking to raise fresh funding as the COVID-19 pandemic batters the world’s largest movie theater...
Yes Bank | Zee Entertainment case: Bombay High Court sets aside Yes Bank petition in Zee Entertainment case
Bombay High Court has rejected private lender Yes Bank‘s petition to prevent Zee Entertainment from disposing off assets to a third party terming that a letter of comfort issued by the company cannot be considered a...
Lagardere looking to sell live entertainment assets – Les Echos
French media group Lagardere is looking to sell its live entertainment assets including the famous Les Folies Bergeres cabaret for some 70 million euros ($79 million), French daily Les Echos reported on its website. The...