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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.

Jan 10, 2018 14:01
FOX Sports teams with Twitter, Snapchat for World Cup Russia coverage
LOS ANGELES, CA: FOX Sports, the exclusive English-language home of the 2018 FIFA World Cup in the US, kicks off the year announcing new Snapchat and Twitter agreements for the global event.  The relationships will provide dynamic opportunities tailored to each respective social media platform and its wide, growing audience.
Jan 10, 2018 13:01
Intel to power VR innovations at PyeongChang 2018
NEW YORK: Intel has announced it will power the largest scale virtual reality event to date with the Olympic Winter Games PyeongChang 2018 using Intel True VR technology.  Intel, together with the Olympic Broadcast Services (OBS), will capture a record 30 Olympic events, with both live and videoon-demand content available. This marks the first-ever live virtual reality broadcast of the Olympic Winter Games. 
Jan 09, 2018 13:01
Hackers target Pyeongchang Olympics: McAfee
LONDON: Analysts of cybersecurity firm McAfee have discovered a phishing and malware campaign targeting organizations involved with the Pyeongchang Olympics, scheduled from February 9-25.
Jan 09, 2018 12:01
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F1 claims TV, digital audiences grew in 2017
LONDON: The 2017 season saw Formula 1 register an increase in audience figures across both TV and digital platforms compared to the previous year, with F1 the fastest growing sport brand on social media platforms.
Jan 06, 2018 12:01
Weber Shandwick secures mandate to drive squash bid for Olympic status
LONDON: The World Squash Federation, in partnership with the Professional Squash Association (PSA), has appointed Weber Shandwick as communications campaign partner to provide strategic counsel and global public relations to support the bid for squash to be included in the Paris 2024 Olympic Games Programme.
Jan 03, 2018 11:01
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WFI fumes over use of Kumar-Rana feud as PWL hook
NEW DELHI: After taking a head in the sand approach to the latest controversy to hit India's most celebrated grappler Sushil Kumar, the Wrestling Federation of India (WFI) has finally woken up from its slumber.
Jan 02, 2018 17:01
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Star Sports to telecast IPL player retention event
MUMBAI: Star Sports will telecast live the Indian Premier League (IPL) retention event in Mumbai on 4 January 2018. 
Jan 02, 2018 12:01
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SPN locks in 10 sponsors and counting for India's SA tour
MUMBAI: Sony Pictures Networks India is on track to cash in on the the most high profile cricket tour it will telecast since its acquisition of the Ten Sports Network from the Zee Group in September 2016, SPN's network sales head Rogit Gupta asserts.
Jan 02, 2018 12:01
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Star Sports named Khelo India b'cast, prodn partner for next 5 yrs
NEW DELHI: The Union Sports Ministry on Monday announced Star Sports as the broadcast and production partner for its flagship initiative Khelo India School Games (KISG) for the next five years from 2018 until 2022. Starting from 31st January, these Under-17 annual games will in its first edition have 16 different sports disciplines.
Dec 30, 2017 16:12
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2017 a paradigm shifting year for Indian sport
AS THE CLOCK winds down on what has been a momentous year for Indian sport, some observations. The abiding legacy of 2017 in football will remain India successfully staging the U-17 World Cup at six venues from October 6 to 28. 
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