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NCLT admits Viacom18-Disney Star merger scheme

SportzPower Team
May 17, 2024 11:05

The merger scheme between Reliance Industries Limited’s (RIL) Viacom18, its wholly owned subsidiary Digital18 and The Walt Disney Company’s Star India has been admitted by the Mumbai bench of the National Company Law Tribunal (NCLT). In an order passed on May 7, Viacom18, as part of internal restructuring, has proposed to transfer the various businesses conducted by it into its wholly-owned subsidiary, namely Digital18. Viacom18 proposed to be the holding company for the various businesses.

Feb 13, 2018 13:02
GroupM acquires majority stake in The Glitch in India
LONDON: WPP announced Monday that its wholly-owned global media investment group, GroupM, has agreed to acquire a majority stake in The Glitch, a digitally-led creative agency.
Feb 13, 2018 13:02
SonyLiv registers 170m hits from 4 India-SA ODIs
MUMBAI: SonyLiv, the digital platform of Sony Pictures Networks, saw a total of 170 million hits during the first four matches of the ongoing six-match One-Day International (ODI) cricket series between South Africa and India, it was revealed on Monday.
Feb 12, 2018 17:02
airtel hotstar
Airtel seals content deal with Hotstar for its mobile TV app
NEW DELHI: Bharti Airtel has signed a strategic partnership with Hotstar to bring the digital content of Star India's video streaming service to the telecom major's subscribers in India.  This will further expand Airtel TV app’s range of offerings and expand the footprint for Hotstar’s content across Airtel’s mobile customer base.
Feb 09, 2018 16:02
star sports
46.5m saw IPL 2018 auction on Star Sports
MUMBAI: The 2018 edition of the Vivo Indian Premier League (IPL) auction received an overwhelming response on television, digital platforms and social media in the country and across the world.
Feb 09, 2018 16:02
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Hero bats for Nidahas Trophy as title partner
COLOMBO: Sri Lanka Cricket has declared the upcoming Nidahas Trophy 2018 T20 tri-series a tremendous commercial success, asserting it expects to earn a net profit of LKR1 billion ($6.5 million) through sale of rights.  
Feb 09, 2018 15:02
McLaren keys in long-term partnership with Dell
LONDON: McLaren has announced a multi-faceted, long-term partnership with Dell Technologies, the world’s largest privately-controlled technology company.
Feb 09, 2018 14:02
premier league
Tech giants to stay off EPL rights battle: Report
MUMBAI: Any hopes the Premier League bosses may have entertained of securing a massive mark-up in bid values for the the next round of Premier League media rights look to have been blown out of the water with Silicon Valley tech giants reportedly not ready to enter the fray.
Feb 08, 2018 13:02
New Balance debuts global brand platform
TORONTO: Canadian sportswear brand New Balance has announced the launch of "Fearlessly Independent Since 1906" – its new global brand communication platform "that reflects the heritage and non-conventional values of the global sports company". 
Feb 08, 2018 11:02
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Olympic Channel dials Jio for PyeongChang 2018 India t'cast
LAUSANNE: The International Olympic Committee (IOC) Wednesday announced that the Olympic Channel will live stream the Olympic Winter Games PyeongChang 2018 across India and the sub-continent, including Bangladesh, Bhutan, the Maldives, Nepal, Pakistan and Sri Lanka.
Feb 08, 2018 11:02
vivo ipl
All 8 franchises oppose any changes to IPL match timings
MUMBAI: And then there were eight! All eight Indian Premier League franchises have shot down the proposal put forward by new IPL broadcast rights partner Star India and endorsed by the league's governing council to change match timings for the 2018 edition of world cricket's biggest annual jamboree.
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