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TKO Group Holdings Board of Directors last Tuesday, which is the parent company in charge of the historic union of the UFC and WWE. The business is giving Johnson complete ownership of his registered professional name, "The Rock." Johnson had told CNBC that he would not discuss the financial value of the deal with WWE but said that the name “The Rock" means a lot to him personally. “I owe that name everything.

₹24,734 crore worth of Indian equities and the total outflow stands at ₹9,663 crore as of January 25, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. "FPIs continued to be sellers in the cash market having sold equity worth ₹27664 crores through 25th January. FPIs were sellers in autos and auto ancillary, media and entertainment and marginally in IT.

HanuMan Box Office Collection Day 15: Prashanth Varma's mythological superhero film ‘HanuMan’ saw a boost to its collection on Republic Day. The film grossed ₹158.75 crore net within fifteen days of its release, according to film industry tracker Sacnilk.

Sony’s India arm, but there is a new threat for the company, given the precariously low promoter holding in the Indian broadcaster, per a TOI report. Punit Goenka, the Managing Director and CEO of Zee owns a 4 per cent stake in the company. A merger between Sony and Zee would’ve created a $10 billion broadcasting entity, India’s largest. Rules say that any person with or without holding any shares in a listed target company, may offer to acquire shares of the entity subject to a minimum offer size of 26 per cent. Furthermore, any shareholder or group of shareholders holding at least 10 per cent in a listed company may move a resolution to change its directors. Zee's major institutional investors include ICICI Prudential Mutual Fund (7 per cent), Nippon India Mutual Fund (6 per cent), HDFC Mutual Fund (5 per cent), and LIC (5 per cent). Sony Pictures Network India, now known as Culver Max Entertainment Private Ltd, had signed an agreement to merge with Zee in December 2021.

Bollywood movie Fighter, starring Hrithik Roshan, Deepika Padukone and Anil Kapoor, was released in theatres on January 25 on the eve of Republic Day. Before comparing its numbers with those of Shah Rukh Khan’s Pathaan, let’s take a look at some similarities between the two films. Fighter happens to be the first big-star entertainer of the year in 2024.

Mint reported. If it turns out to be true, it will be higher than the expected growth of 8.9% in the current financial year, as per the first advance estimates. While the Budget had assumed 10.5% growth rate for 2023-24, new estimates suggest a slower growth, particularly on account of low wholesale price inflation.

Dramatic close-ups and unexpected plot twists reign supreme as two heroes from opposing teams fiercely negotiate the terms of their cooperation. Meanwhile, another two characters make us suspend disbelief as they tear apart their friendship with over-the-top drama, whose fallout even threatens to upset the talks between the first two. Captain America and the Winter Soldier? Nope! I’m just talking about what’s playing out between Disney Star and Reliance Industries on one hand, and Sony and Zee on the other.

Enforcement Directorate on Thursday said it raided companies of the Essel Group in Mumbai and recovered «incriminating» documents as part of its ongoing money laundering investigation linked to alleged diversion of funds worth over Rs 2,000 crore from Religare Finvest Limited (RFL). The federal agency said in a statement that three premises linked to Konti Infrapower and Multiventures Pvt Ltd, Edison Infrapower and Multiventures Pvt Ltd, Asian Satellite Broadcast Ltd, Widescreen Holdings Pvt Ltd, Jayneer Capital Pvt Ltd, Spirit Infrapower and Multiventures Pvt Ltd and the residential premises of a former senior official of the Essel Group (who was not named) were raided on Wednesday.

Want to take exposure to a sector which grows much faster than GDP

Walt Disney Co.’s India unit is being valued at less than half of what it hoped for in a proposed merger with Indian billionaire Mukesh Ambani’s media business, reflecting the struggle global media giants face in one of the world’s fastest-growing entertainment markets. After weeks of negotiations following a non-binding pact with Ambani’s Reliance Industries Ltd. to merge their entertainment business, Disney’s India assets are valued at around $4.5 billion, less than the $10 billion the US entertainment giant has previously pursued, according to people familiar with matter, who asked not to be identified as the discussions are private.

Zee Entertainment Enterprises Ltd. traded 3.9 per cent lower in Thursday's session at 01:50PM (IST). The stock opened at Rs 167.3 and has touched an intraday high and low of Rs 167.95 and Rs 158.2, respectively, during the session so far.

Sony Group Corp.’s lawyers got a nasty surprise during a routine call from the legal team of Zee Enterprises Entertainment Ltd. Nearly two years into tortuous merger negotiations to create a $10 billion Indian entertainment giant, Zee wanted the Japanese company to agree to a so-called “hold harmless” clause for its Chief Executive Officer, Punit Goenka, just weeks before the Dec. 21 deal deadline. Already wary of Goenka, who had been accused of financial impropriety by India’s markets regulator several months earlier, Sony executives wondered why he requested indemnity. On his part, Goenka was worried that Sony would start a witch hunt against him after the merger was completed and it got what it wanted: access to Zee’s deep library of local entertainment content. The account of this weeks-long stalemate was pieced together by speaking to people familiar with the matter who asked not to be identified as the talks were private.

Tata Technologies, SBI Life, ZEE among others will be in focus due to various developments and quarterly numbers. Here's a complete list of stocks for investors to track.

MUMBAI : Zee Entertainment Enterprises Ltd on Wednesday dragged Sony Pictures Networks India (now Culver Max Entertainment Pvt. Ltd) before the National Company Law Tribunal (NCLT), following the inglorious end to their two-year engagement. The Punit Goenka-led firm moved the tribunal seeking directions to implement the merger, while also initiating legal action to contest Culver Max and Bangla Entertainment Pvt.

Zee group founder Subhash Chandra had written to Finance Minister Nirmala Sitharaman, blaming Sebi for attempting to “scuttle" the merger. In his letter, Subhash Chandra alleged the Indian market regulator of “acting with a predetermined mind" and requested the finance minister to take the necessary steps "to safeguard the interest of the minority shareholders of ZEEL".

Netflix will stream WWE Monday Night Raw from January, 2025. With this mega development, WWE fans and Netflix subscribers are expecting that there may be a WWE documentary which will stream on Netflix sooner rather than later. Netflix Original library does not have any show on WWE or WWE documentary. However, the multi-billion deal can change the scenario. In an interaction with Bloomberg, WWE President Nick Khan said that global audience base of WWE will only grow «with a show like that».

J.M. Smucker CEO Mark Smucker tells ‘The Claman Countdown’ that they are passing on the cost savings to their customers.

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₹55 crore through a combination of cash and share swap from the founders of Comic Con India – Jatin Varma and Karan Kalra. Comic Con India was founded in 2011. The company organizes various festivals across India, in segments like comics, cosplay movies, TV shows, merch, gaming and much more.

₹8,680 crore, which is less than one percent of the industry's total equity Assets Under Management (AUM), highlighted brokerage house Fisdom Research in a recent note. In the note, Fisdom Research has delved into the mutual fund landscape, examining which Asset Management Companies (AMCs) maintain Zee Entertainment in their portfolios and those that have chosen to remain underweight in the wake of these developments.

Disney has requested a second court delay in its legal battle with Florida Gov. Ron DeSantis’ appointees over who controls Walt Disney World’s governing district