India-focused webtoon start-up Toonsutra, incubated by CA Media-backed Graphic India, has raised an undisclosed amount of funding from the Sony Innovation Fund (SIF), a top company official told ET. “SIF has joined Toonsutra as one of the investors,” said Sharad Devarajan, CEO of Graphic India, while refusing to share details citing confidentiality. “The investment further …
Mumbai: Sony Group Corp Friday said that there would be a delay of several months in the merger of its local media unit Sony Pictures Networks India with Zee Entertainment Enterprises (ZEEL), while adding that both parties would pursue the processes necessary to close the deal that aims to create one of the biggest media …
The merger between Zee Entertainment and Culver Max Entertainment, formerly known as Sony Pictures Networks India will likely take a few more months, news agency Reuters quoted Sony as saying on Friday. Sony has said that the completion of the merger with Zee was previously expected to conclude by the end of September. However, the …
The Securities Appellate Tribunal (SAT) on Thursday questioned market regulator Sebi’s credibility on completing its investigation within a stipulated time in the Zee Entertainment Enterprises’ (ZEEL) matter. SAT was hearing Zee’s plea against Sebi’s order baring Zee Entertainment Enterprises’ Punit Goenka and Subhash Chandra from holding any key managerial positions in the company and other …
The hope is that the three bidders — Disney Star, Viacom18 and Sony Pictures Networks India (SPNI) — will loosen their purse strings once again. The last time they did that, BCCI waltzed away with ₹48,390 crore in IPL (Indian Premier League) rights for the 2023-27 cycle. That included ₹23,575 crore from Disney Star (TV …
It should be noted that the PS Portal is not a cloud-streaming device. So it is not compatible with PlayStation Plus Premium’s cloud streaming. It is also incompatible PS VR2 games which is pretty obvious. Hardware The PS Portal looks like a stretched-out DualSense Controller with a big touch screen in the middle. This screen …
Realme unveiled its upcoming flagship smartphone, the GT5 at MWC in February. The smartphone supports a whopping 240W fast charging capabilities. The Chinese smartphone maker has now officially confirmed the launch date of the much-anticipated Realme GT5. The company is set to celebrate its 5th anniversary on August 28. In a Weibo post (spotted by …
The Mumbai bench of the National Company Law Tribunal (NCLT) on Thursday approved the merger scheme between Zee Entertainment Enterprises Limited (ZEEL) and Culver Max Entertainment (Sony). The bench in its oral order allowed the application for the merger. Earlier on July 10, the division bench of judicial member HV Subba Rao and technical member …