Media QuickView: Adani group to acquire NDTV at premium valuations

Media QuickView: Adani group to acquire NDTV at premium valuations

By Karan Taurani@Elara Capital As per official announcement, Adani group has acquired VCPL, which holds 29 percent stake in NDTV (indirectly via promoter loans, convertible into shares) and has provided for an open offer to acquire more 26 percent stake at a price of INR 295 (a 20 percent discount vs CMP...


HBO Max India launch put on indefinite hold

HBO Max India launch put on indefinite hold

Warner Bros Discovery has put the plans to launch the popular American subscription video-on-demand (SVOD) service, HBO Max, in India on hold, even as the company is looking at cost-cutting measures globally and working on merging Discovery+ with HBO Max in the existing markets.


Rusk Media raises $9.5mn in series A

Rusk Media raises $9.5mn in series A

Indian digital entertainment company Rusk Media Pvt Ltd has raised over $9.5 million in an extended series A funding round. Seoul-based DAOL Investment and Audacity Ventures led the extension round with existing investors InfoEdge Ventures (IEV), Mistry Ventures, and Survam Partners participating in the round. Rusk Media with