Latest in mergers and acquisitions

Disney’s merger with Reliance Industries in India is going ahead after the country’s competition authority gave the deal a greenlight. In a social media post earlier today, the Competition Commission of India (CCI) said the merger could go ahead, “subject to the compliance of voluntary modifications.&#8221…

ZEE Entertainment Enterprises and Sony’s Culver Max Entertainment have resolved their disputes related to their failed merger. A joint statement released this morning said the parties, including Sony’s group company Bangla Entertainment, had arrived at a “comprehensive non-cash settlement, amicably…

A special committee of Paramount Global’s board set up to steer its M&A process has declared an end to the “go-shop” period in its pending Skydance Media merger and says the transaction will close in the first half of 2025. In a statement tonight following the withdrawal of a rival bid led by Edgar Br…

Skydance Media is urging Paramount Global to stop considering a proposal by an investor group led by Edgar Bronfman Jr. to buy control of the company, threatening to withdraw its own merger offer. In a letter from its lawyers on Thursday, Skydance told the committee of Paramount’s board of directors…

Paramount is taking more time before an official handshake with Skydance, using an extra 15 days allotted in their merger contract to explore another bid – a surprise, last-minute offer from Edgar Bronfman Jr., one that the heir to the Seagram liquor fortune has just sweetened. The special committee…

DLT Entertainment has bought Juniper Productions, the indie producer owned by BBC Chairman Samir Shah. Financial terms of the deal weren't announced, but London-based DLT said the acquisition marked "a significant expansion of its portfolio in the factual programming space." Juniper will continue to…

Rupert Murdoch’s News Corp could sell its Australian pay-TV operator Foxtel Group. At the end of a commentary for what News Corp CEO Robert Thomson called an “outstanding” year financially for Murdoch’s news operation was the reveal there had been outside interest in Foxtel, which has more than four…

Here’s some eye-catching news from the international kids TV distribution space: Cake is set to buy rival Jetpack. No financial details was forthcoming today, but Cake released a statement noting “it is in advanced negotiations” to acquire its rival’s brand. More news will come “within the coming…

UPDATED with press release status and stock movement. Paramount Global shares, which had ticked up 1.6% Wednesday amid word of a left-field acquisition offer, sank in after-hours trading as questions were raised about the legitimacy of the purported bid. Deadline wrote about the offer from a company…

Mario Gabelli, a major shareholder of Paramount and its predecessor companies for decades, is pressing for more information about the company’s pending merger with Skydance. Specifically, the investor and fund manager wants to get more financial data and better clarity on the valuation of National…

Paramount Global stock fell 5% on Monday as investors absorbed details of the company’s merger agreement with Skydance Media. The companies are targeting a closing of the deal in the third quarter of 2025. Skydance and its backers are investing $8 billion in Paramount in a transaction assigning the…

As news of Skydance Media’s merger with Paramount Global sank in across the media business, top execs from Skydance and chief backer RedBird Capital on Monday lifted the veil on negotiations, streaming plans, their regulatory outlook, Larry Ellison’s role and a host of other topics. One question on…