Investments

MUMBAI:  Esports media platform TalkEsport announced Wednesday the successful closure of its pre-series A funding round, securing an investment of $1 million from Saswat Ventures. 

The investment underscores TalkEsport’s robust growth trajectory and reaffirms its position as a pioneering force in the esports industry.

Sep 21, 2022 11:09
WASHINGTON: Monumental Sports & Entertainment (MSE) Tuesday announced the closing of its previously announced acquisition of NBCUniversal's 67% stake in NBC Sports Washington from Comcast Corporation.  MSE, which acquired 33% of NBC Sports Washington in 2016, now has full ownership of the regional sports network.
Sep 20, 2022 18:09
MUMBAI: The Competition Commission of India (CCI) has approved the proposed "transfer" of the JioCinema OTT app to Viacom18, the intent for which was announced in April. Reliance and Viacom18 had then announced a strategic partnership with Bodhi Tree Systems, which is a platform of James Murdoch's Lupa Systems and Uday Shankar, to form a TV and digital streaming company.
Sep 16, 2022 16:09
LONDON: TGI Sport, the global sports technology, media, and marketing company, has acquired virtual media solutions provider Interregional Sports Group (ISG), the company announced Friday. 
Sep 08, 2022 11:09
DUBAI: LaLiga, Spain's top-flight football competition, and Galaxy Racer (GXR), the Dubai-based transmedia multinational, have signed a Letter of Intent paving the way for the formation of a 15-year Joint Venture (JV) which will transform the sport league's brand presence in the Middle East and North Africa (MENA) region and Indian subcontinent.
Sep 08, 2022 10:09
MUMBAI: The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday directed Zee Entertainment Enterprises Limited (Zee) to convene a shareholders' meet on October 14 for approving the merger with Culver Max Entertainment (Sony Pictures Networks India).
Sep 06, 2022 18:09
A captain’s knock from Deandra Dottin and bowling brilliance from Anisa Mohammed steered the Trinbago Knight Riders to a 10-run victory over Barbados Royals to see them crowned champions of the inaugural Massy Women’s Caribbean Premier League (WCPL).
Sep 05, 2022 23:09
MUMBAI: Demonstrating confidence in the technology-driven fan engagement business of Stepathlon, marquee investors, including serial technology investor Josh Liberman, former IMG global president, Michael Dolan, and executive vice-chairman and founder of Perform and DAZN, John Gleasure have participated in a fresh round of capital raise by the technology-driven health and wellness company.
Sep 02, 2022 18:09
MILAN, Italy: US-based private investment firm RedBird Capital Partners, which has a stake in Liverpool and the Boston Red Sox, Thursday announced that it has completed the acquisition of Serie A giants AC Milan for €1.2 billion. Closer home, RedBird Capital holds a 15% stake in Indian Premier League franchise Rajasthan Royals, which it bought in to in June 2021.
Sep 01, 2022 17:09
DID THE HEAD HONCHOS AT The Walt Disney Company not read their own memo? That certainly appears to be the case considering how far beyond even the most aggressive projections was the winning bid made by Disney Star to ensure the ICC TV and digital rights to both men’s and women’s global cricket events for the next 4-year cycle were kept "in house". 
Aug 30, 2022 19:08
NEW DELHI: Legends League Cricket (LLC), a franchise-based T20 tournament featuring retired greats of the game, Tuesday announced their tie-up with Manipal Education and Medical Group (MEMG) as a third franchise owner in the second season of League.