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Tata Play’s loss widens 3-fold as DTH takes a hit

Mumbai: Tata Play’s net loss for fiscal 2024 swelled more than threefold, as the company faced increased competitive pressure in its main direct-to-home (DTH)...

Anil Jayaraj quits as CEO of Viacom18 Sports

Anil Jayaraj, the CEO of sports at Viacom18, has called it quits after a near three-year stint. The development comes at a time when...

Zee shelled out Rs 432 crore on failed merger with Sony unit

Zee Entertainment incurred Rs 432 crore in merger-related costs during 2023-24 and 2022-23 on its failed merger deal with Sony Group Corporation's India media...

NCLT sets the ball rolling on merger of Reliance’s arm Viacom18 and Star India

The Mumbai bench of the National Company Law Tribunal has admitted the merger scheme between Reliance Industries Ltd's Viacom18, its wholly-owned subsidiary Digital18 and...

ICC rights may bleed Disney’s streaming entertainment biz

Mumbai: Walt Disney's maiden profit from streaming entertainment in Q2 may be short-lived as the segment is expected to experience a Q3 loss due...

Star India’s sports losses widen by 50% to $342 million in H1 FY24

Broadcaster Star India's operating loss from the sports business has increased by 50% to $342 million for the six months ended March 30, compared...

Walt Disney incurs $2b+ goodwill impairment charge linked to Star India in 2nd quarter

Mumbai: Walt Disney has incurred charges totalling more than $2 billion for goodwill impairments linked to Star India and entertainment linear networks during the...

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