Paramount in Talks to Sell India TV Stake to Ambani’s Reliance

Paramount Global is in discussions to sell its stake in its media joint venture in India to Mukesh Ambani’s Reliance Industries Ltd., according to people familiar with the matter, as Asia’s richest man continues to consolidate his clout in one of the world’s fastest-growing entertainment markets. The New York-based media company has been in advanced … Read more

Reliance, Disney announce mega merger of India media operations

After months of speculation, the mega merger has been officially announced. Key points to note – Reliance Industries (RIL), Viacom 18 Media Private Ltd, and The Walt Disney Company (Disney) have signed binding definitive agreements to form a joint venture (JV) which will combine the businesses of Viacom18 and Star India. Viacom 18 is majorly … Read more

Zee founders may have diverted significant funds

Problems seem to be getting further compounded at the Zee group. A month back only, it’s long awaited mega merger with the Sony group was called off (after 2 years of negotiations). During this period, there were many actions taken by the regulators; especially related to the corporate governance. These actions in fact are speculated … Read more

Saregama acquires new age start-up

Saregama India (SIL) has announced acquiring 92.61% of M/s. Pocket Aces Pictures Private Limited (PAPPL). PAPPL, incorporated in December 2013, is a digital entertainment company that primarily creates short-form video content aimed at young Indians, with over 30 new items added every day. It claims an IP catalog of 3000+ content pieces ranging across web … Read more