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Breaking News: After spurning Zee, Sony sets sights on aha

25Feb

By UNN News DeskNo Comments

News & Events

Breaking News: After spurning Zee, Sony sets sights on aha

Arha Media, a joint venture between Geetha Arts and My Home Group, has roped in KPMG Corporate Finance as a strategic adviser, said three people familiar with the development. A possible deal could value aha at ₹1,500 crore to ₹2,000 crore, one of them said. Promoted by the ₹9,000-crore My Home Group and backed by film producer Allu Aravind (Geetha Arts), aha was launched in March 2020 as a Telugu content service before it subsequently added original Tamil language content to its repository. With Sony terminating its proposed merger with Zee Entertainment Enterprises, regional content remains a big missing piece in its portfolio, said one of the persons familiar with the developments. “Though ...

20Feb

By UNN News DeskNo Comments

Live Sports

Live: Fubo sues Disney, Fox, Warner over planned joint sports streaming service – UPI.com

Kansas City Chiefs tight end Travis Kelce celebrates a first down against the San Francisco 49ers during the fourth quarter of Super Bowl LVIII on Feb. 11. Sports streaming platform Fubo on Tuesday said it is suing Disney, Warner Bros. and Fox Corp. over alleged anti-trust law violation. Photo by John Angelillo/UPI | License Photo Feb. 20 (UPI) -- Live sports streaming platform Fubo said Tuesday it is suing Disney, Fox Corp. and Warner Bros. Discovery over its planned joint sports streaming platform, alleging the three companies engaged in "anti-competitive practices." For nine years, Fubo has offered a package of live sports streaming channels, which it boasts as less expensive compared to traditional cable. Media outlets reported Fubo's, lawsuit, which alleged the three comp...

16Feb

By UNN News DeskNo Comments

Technology and Ai

Game Tech: Live TV Is the New Streaming

“Biggest audience since the moon landing.” That was the headline when Nielsen released viewership numbers for Super Bowl 2024. About 123.7 million people in the US watched the game, more than any other game since Nielsen started keeping track and, yes, close to the 125 to 150 million people in the US who watched the moon landing in July 1969. Despite the scores of streaming options and other things to watch, people still tuned in to watch live—to see the Kansas City Chiefs win in overtime, to see Taylor Swift, to watch Usher, to see Martin Scorsese’s alien-invasion ad, to catch the new Deadpool & Wolverine trailer.Maybe live TV isn’t dead after all.It is, of course, easy to chalk this up to the event being, well, the Super Bowl, which is still the single most popular US sporting event ...

14Feb

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Business

Breaking News: RIL in talks for stake in Tata Play, may buy Disney’s 29.8% share | Company News – Business Standard

Mukesh Ambani-owned Reliance Industries (RIL) is in discussions to acquire a 29.8 per cent stake in Tata Play from the Walt Disney Company, according to sources close to the development. This move is seen as part of RIL’s broader strategy to deepen its footprint in India’s television distribution sector. Tata Sons, the holding company of the Tata group, currently holds a 50.2 per cent stake in the satellite television broadcaster. Besides Disney, the remaining shares are owned by Temasek, a Singapore-based fund. If the negotiations are successful, it would mark the first time the Tata group and the Ambanis have partnered in a joint venture. It would also extend the reach of JioCinema across the Tata Play platform. Disney had intended to divest its shares during Tata Pl...