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MEDIA BEHEMOTH
Judge says Paramount and Warner Bros Discovery must halt merger for at least two weeksA federal court has intervened to temporarily suspend the merger of Paramount and Warner Bros Discovery following objections from twelve st...- Judge orders Paramount to temporarily pause Warner Bros acquisitionCalifornia and eleven states secured a pause on Paramount's acquisition of Warner Bros. Discovery. They argued the massive media merger wou...
- Reliance Retail details blueprint to double operating EBITDA in three-year planReliance Retail plans to double its operating EBITDA over three years. The strategy involves aggressive scaling and refined unit economics ...
- French spies drop AI giant Palantir over US overreliance fearsFrance is moving away from American AI technology for its intelligence services. The government announced it will stop using Palantir's dat...
- SpaceX’s IPO success may rub off on AmbaniInvestor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. Howeve...
- Middle East conflict fuels airline bankruptcy risks, more mergers likely: IATASoaring jet fuel prices due to Middle East conflict are pushing budget airlines towards bankruptcy and industry consolidation, according to...
- SpaceX seeks a record $75 bn in stock market debutSpaceX plans a massive $75 billion share sale, valuing the company at $1.8 trillion. This move aims to fund ambitious projects like space-b...
- IPL may become the GOAT of sports world; League sees sharp rise in valuations on record media rights deals, deep-pocketed sponsorsIPL franchise values are soaring, projected to hit $15 billion by 2032. This growth rivals top European football clubs. Record media rights...
- Reliance in talks with Chinese battery behemoth CATL & others for big battery system partsReliance Industries is in talks with China’s Contemporary Amperex Technology Co. Limited and other global suppliers to source components fo...
- Big-budget campaigns show how AI companies are racing for relevance in IndiaAI giants are making a big splash in India. ChatGPT and Google Gemini are using TV and billboards to show how AI can solve everyday problem...
- Mega deals less likely, but media M&A show to stay strong in 2026Media and entertainment deals will remain strong in 2026. Transactions will focus on content, gaming, sports, and AI companies with intelle...
- After warning comes action: Mark Zuckerberg fires 20 Meta staff for leaking internal memo to media, says more could face the axeMeta has fired approximately 20 employees for leaking confidential company information, with additional dismissals expected. The crackdown ...
- Tata Group considering buying Disney’s stake in Tata PlayThe buyback discussions with Disney come after the American company signed a binding agreement in late February to merge its India unit wit...
- Sony-Zee merger: Sony yet to agree to a deadline extension to create $10 billion media behemothSony has not yet agreed to an extension deadline for its merger with Zee. Eager to hear Zee Entertainment's strategies, Sony anticipates so...
- Why the birth of a $10 bn media & entertainment behemoth still buffering upA merger deal between Japan's Sony group's Indian arm (Culver Max Entertainment) and Zee Entertainment Enterprises that will create a $10 b...
- Reliance, Disney to sign off on India media merger next weekAmbani’s retail-to-refining conglomerate will infuse money to hold at least 51% of the merged entity if the deal goes through, the people s...
- India could emerge as Wavemaker’s third-largest market, says execWavemaker’s India arm won new business worth Rs 1,750 crores in H1 2022, twice as much as in 2021, according to CEO Ajay Gupte. New clients...
- Australia mulls global partnership against tech giantsThe conversation was held in the backdrop of the Morrison government’s negotiation with tech giants Facebook and Google, which led to tempo...
- 4 tech cos sue Facebook for anti-competitive behaviourFacebook was sued by four potential competitors who accuse it of anticompetitive behaviour and who asked a judge to order chief executive o...
- Citi looks to slash technology costs: ReportBanking behemoth Citigroup is looking at ways to cut down on technology costs and save over $1 billion this year by integrating hundreds of...
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