Reliance's digital streaming platform has just thrown down another gauntlet at its international rivals. After streaming the Indian Premier League and a number of award-winning entertainment offering, mostly for free, JioCinema has announced its new subscription offering, ‘JioCinema Premium’ at a price point that is expected to cause massive market disruption.
Business Intelligence
Apr 21, 2020 14:04
CHENNAI: TVS Racing's parent company has announced the successful acquisition of stricken British motorcycle company Norton, in an all-cash deal for £16 million (around Rs 1.53 billion).
Leading Indian two-wheeler manufacturer TVS Motor Company completed the buyout by acquiring certain assets of Norton Motorcycles (U.K.) Limited (in administration) through one of TVS Motor's overseas subsidiaries.
Apr 21, 2020 12:04
LONDON: Mercedes AMG Petronas Motorsport Formula One Team and is Team Principal and CEO Toto Wolff has purchased shares in Aston Martin Lagonda, the iconic British automotive brand which will return to the Formula 1 grid next year with the rebranded Racing Point team.
Apr 17, 2020 18:04
DUBLIN, Ireland: World Rugby has announced details of a dedicated COVID-19 relief strategy aimed at supporting the global game and mitigating the overall impact of the pandemic on the sport.
Apr 16, 2020 18:04
STAMFORD, Conn.: WWE Wednesday provided an update on measures taken by the company in response to the current impact of COVID-19 on the organization.
Due to COVID-19 and current government mandated impacts on WWE and the media business generally, the company went through an extensive evaluation of its operations over the past several weeks.
Apr 16, 2020 18:04
MUNICH: The BMW brand is currently engaged in a major expansion of its involvement in the world of computer, online and simulation games (esports), a field that’s been continuously growing in popularity, especially among the next-generation target group.
Apr 16, 2020 16:04
MUMBAI: After pay cuts were announced in sister organisations in the US, it comes as no surprise that similar measures have been instituted in the Indian arm of the House of Mouse.
Apr 16, 2020 15:04
NEW DELHI: While Indian medical experts warn that resuming sporting events this year could mean putting lives at risk, Anthony Fauci, US President Donald Trump’s leading infectious disease adviser, has argued that an abbreviated season may be possible if games are played without fans.
Apr 15, 2020 17:04
HERZOGENAURACH, Germany: Sportswear giant adidas has secured the approval of the German government for the participation of KfW, Germany’s state-owned development bank, in a syndicated revolving loan facility amounting to € 3 billion at customary market conditions to bridge the severe impact on its business from the global spread of the coronavirus pandemic
Apr 15, 2020 15:04
LONDON: Alchimie, the European OTT content aggregator and dynamic distributor, has announced the launch of a global-facing sports channel Unbeaten.
The new sports channel has been created for sports fans around the world, and following its launch on Alchimie-owned OTT platform TVPlayer in the UK, Unbeaten will be distributed on a variety of OTT platforms internationally.
Apr 09, 2020 19:04
CHINA'S SUPREME COURT has ruled in favour of basketball legend Michael Jordan in a long-running trademark dispute, ending an eight-year legal battle with Chinese sportswear firm Qiaodan Sports.
The landmark ruling, made late last month, prohibits the Fujian-based company from using the Chinese translation of Jordan's name, Qiao Dan, AFP reports.