Media & Entertainment
TMT
Prasar Bharati, Digital Television Russia ink deal
Prasar Bharati (PB) and Russian Pay-TV programmer Digital Television Russia (DTR) today signed a deal on cooperation focussing on high ......
TMT
Economist to sell office to buy back part of Pearson's stake; Agnellis to hike holding
The Economist Group has decided to sell its five-decade-old office building in London to part-finance a share buyback from Pearson ......
TMT
Malaysia's Axiata Group buys Komli Media's Southeast Asia business for $11.25M
A unit of Malaysian telecommunication giant Axiata Group has acquired the Southeast Asian operations of Mumbai-based digital media technology company ......
TMT
Star sells 26% stake in Balaji Telefilms for $17M; Ekta Kapoor, Sameer Nair among buyers
Star India Pvt Ltd, a part of entertainment media major 21stCentury Fox, has exited its investment in Ekta Kapoor-promoted film ......
TMT
Rohit Ohri quits Dentsu, named group chairman & CEO of FCB Ulka
Rohit Ohri, who stepped down as CEO of Dentsu Asia Pacific, is joining Interpublic Group's creative agency FCB Ulka India ......
TMT
L Capital exits PVR for $76M, nets over three-fold returns
L Capital, a private equity firm backed by global luxury conglomerate LVMH group, has exited its three-year-old investment in PVR ......
TMT
PVR may raise up to $80M via NCDs, merging mall entertainment & gaming unit with itself
PVR Ltd, the country's largest multiplex chain operator, has received its board approval to raise up to Rs 500 crore ......
TMT
Radio Mirchi receives approval to buy part of TV Today Network's Oye FM
Entertainment Network (India) Ltd (ENIL) has received Ministry of Information and Broadcasting's (MIB's) approval to buy four radio stations operated ......
TMT
Viacom to buy 50% stake in five regional language ETV channels from Reliance for $150M
US-based media conglomerate Viacom Inc has received approval from the Foreign Investment Promotion Board (FIPB) to acquire 50 per cent ......
TMT
Zee Entertainment to acquire Odia channel Sarthak TV for up to $18M
Essel Group’s Zee Entertainment Enterprises Ltd (ZEEL) has received its board's approval to acquire Sarthak Entertainment Pvt Ltd, which operates ......