EU regulators may relax rules against mobile telecoms mergers and broaden telecoms rules to get Big Tech and others to help fund the rollout of 5G, according to a European Commission document reported by Reuters. National telcos have long lobbied EU antitrust regulators to loosen rules that clampdown on mergers that reduce the number of […]

A proposed merger between Slam Corp, backed by former US professional baseball player Alex Rodriguez, and direct-to-smartphone operator Lynk Global, has hit a potential problem. Slam is a special purpose acquisition company (SPAC) and which raised $575 million (€522.6m) back in November 2021 and intended to secure an investment opportunity. Slam has now had to […]

Romanian telco operator Digi has confirmed its deal with Orange and MásMóvil whereby it will gain access to their mobile networks, thus paving the way for the European authorities to give approval to the merger. Digi will pay Orange €120 million for the usage of its network. In exchange, it will be able to manage […]

Sony Group has said that the completion of the India merger between Zee Entertainment Enterprises Ltd (ZEEL) and Culver Max Entertainment, which is Sony Pictures Networks India, will take a few more months. The much-awaited merger was previously expected by the end of September. The Zee/Sony merger was approved by the National Company Law Tribunal […]

Liberty Media, which already controls US pay-radio service SiriusXM, plans to combine the two businesses, and then spin-off the radio company in a typical move by cable giant John Malone. The proposed scheme aims to spin off (or “split off”, in the words of the proposal) the then Liberty SiriusXM Group or LSXM, the group […]

The latest allegations to hinder the long-awaited merger between Zee Entertainment and Sony’s India assets are that an ‘approval’ for the merger was illegal. Axis Finance has filed a petition to the National Company Law Appellate Tribunal (NCLAT) that the l National Company Law Tribunal (NCLT) which approved the Zee-Sony merger made its decision in […]

India’s National Company Law Tribunal has given its approval to the merger between Zee Entertainment Enterprises (ZEEL) and Sony’s India assets. The Tribunal accepted concessions from Zee and Sony Pictures Networks/Culver Max Entertainment which would reduce some of the regulatory concerns. The Tribunal issued its order approving the merger on August 10th. The merger between […]

International media company, Blue Ant Media and the production and distribution company, marblemedia, have announced the merger of the two companies’ production and distribution operations into one unified studio and rights business. Mark Bishop and Matthew Hornburg will take the helm of this business, serving as co-Presidents and reporting into Michael MacMillan, CEO and co-founder, Blue Ant Media. With hubs in Toronto, New […]

The troubled merger between Sony India and Zee Enterprises “will go through” according to Zee MD Punit Goenka. He added the merger would happen “whether or not” he was in post as MD of the merged company. Goenka, and his father Subhash Chandra, are the subject of legal actions from India’s Securities and Exchange Board […]

Italian broadcaster MFE-MediaforEurope has ruled out a complete merger with German broadcaster ProsiebenSat.1 for the time being – as well as a takeover bid – but is open to closer cooperation. Controlled by the family of former Italian Prime Minister Silvio Berlusconi, MFE has built a potential stake of 29.9 per cent in its rival […]