Media
British media group The Independent to acquire BuzzFeed’s UK operations
03 Apr 2024
British newspaper group The Independent is acquiring US-based online media BuzzFeed's operations in the UK and Ireland in a multi-year licensing deal, the companies announced on Thursday.
UK weighs changes in law to prevent takeover of the Telegraph by UAE-backed group
12 Mar 2024
The British government is reported to be weighing legislative remedies to the possible takeover of the Telegraph Media Group by UAE-backed investor RedBird IMI, amidst political and professional opposition to the change of guard.
RIL to acquire 61% stake in Walt Disney India: report
28 Feb 2024
Walt Disney is reported to have agreed to sell 61 per cent of its India business to Viacom 18, the media arm of Reliance Industries Ltd, in what is seen as a major development in the Indian media and entertainment industry.
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Amazon to cut jobs in Prime Video and Studio Operations
11 Jan 2024
In a significant move, Amazon.com has announced plans to lay off several hundred employees in its streaming and studio operations.
Reliance and Disney initiate antitrust diligence for merger in India
04 Jan 2024
Indian business tycoon Mukesh Ambani’s Reliance Industries and global entertainment giant Walt Disney have taken decisive steps towards their proposed merger with the Indian media and entertainment sector.
Disney secures support from activist investor ValueAct Capital
04 Jan 2024
In a significant development, The Walt Disney Company has garnered support from ValueAct Capital, a notable activist hedge fund. This backing comes amid board challenges posed by billionaire financier Nelson Peltz.
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Reliance, Disney to consolidate media operations in India
26 Dec 2023
Reliance Industries is reported to have signed a non-binding agreement with Walt Disney Company for merger of their media operations in India.
Warner Bros. Discovery CEO explores potential deal with Paramount Global
21 Dec 2023
In a strategic move within the entertainment industry, Warner Bros. Discovery CEO David Zaslav recently engaged in talks with Paramount Global CEO Bob Bakish.
Adani takes control of news agency IANS with 50.5% stake
16 Dec 2023
Adani Group firm AMG Media Networks has acquired a 50.50 per cent stake in news agency Indo-Asian News Service Pvt Ltd (IANS), expanding the group’s presence in the media sector.
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700 Washington Post employees walk out over contract and layoff concerns
07 Dec 2023
In an unprecedented move, approximately 700 employees of The Washington Post walked off the job for 24 hours on Thursday, 7 December, 2023.
ESPN valued at $24 billion, Apple and Verizon among likely buyers
03 Nov 2023
According to BofA Global Research, the Disney-controlled ESPN sports network is currently exploring opportunities to attract investments from various sources
Disney to acquire Comcast's remaining 33% stake in Hulu for a minimum of $8.6 billion
02 Nov 2023
In an important move to solidify its position in the global streaming service arena, The Walt Disney Company officially initiated the acquisition process of Comcast's one-third stake in Hulu.
Facebook rebrands itself as Meta; broadens reach to new areas
01 Nov 2021
While Meta will offer other products and services, including Facebook Messenger, Facebook Watch, and Facebook Portal, the change will not apply to its individual platforms, such as Facebook, Instagram and Whatsapp
AT&T to merge media assets with Discovery in $43 bn deal
17 May 2021
As per the terms of the cash and debt deal, AT&T's shareholders would receive stock representing 71 per cent of the new company, while Discovery shareholders would own 29 per cent of the new company
RIL to consolidate media and distribution business under Network18
18 Feb 2020
The merger of TV18 Broadcast, Hathway Cable & Datacom, Den Networks into Network18 Media & Investments will create entity with about Rs8,000 crore in annual revenue and substantial economies of scale
Supreme Court grants bail to P Chidambaram in INX Media case
04 Dec 2019
The apex court, however, restrained Chidambaram from giving press interviews or making statements with regard to the case as also from traveling abroad without the court's permission
Mukesh Ambani in talks to sell media assets to Times Group: Bloomberg
28 Nov 2019
RIL, which saw its media arm Network18 report a loss of Rs178 crore in the year ended March 2019 and a net debt of Rs2,800 crore, is weighing various options, ranging from an outright exit to a stake sale
Sony in talks to buy stake in Mukesh Ambani’s Network18: Bloomberg
21 Nov 2019
Sony Corporation also last week announced the establishment of a research center in India to tap into the country's sizeable pool of talent, with plans for multiple sites – starting with the first location in Bangalore in 2020
INX Media case: ED to get custody of P Chidambaram
15 Oct 2019
The agency plans to arrest him from Tihar jail in the morning and produce in court around 4 PM when the agency applies for his custody
SC refuses to grant Chidambaram anticipatory bail in INX Media case
05 Sep 2019
A Supreme Court bench comprising Justices R Banumathi and A S Bopanna did not consider it a fit case as any grant of anticipatory bail to Chidambaram at this stage would hamper investigation
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
