Reliance's digital streaming platform has just thrown down another gauntlet at its international rivals. After streaming the Indian Premier League and a number of award-winning entertainment offering, mostly for free, JioCinema has announced its new subscription offering, ‘JioCinema Premium’ at a price point that is expected to cause massive market disruption.
Investments
Dec 24, 2021 07:12
NEW DELHI: Health and fitness startup Healthquad announced Thursday that it had raised $1 million (about Rs 7.5 crore) in funding, as too the onboarding of Australian fast bowler and Test captain Pat Cummins as brand ambassador and investor.
Dec 23, 2021 13:12
MUMBAI: Better late than never. The dithering by the Board of Control for Cricket in India over issuing a letter of intent to CVC Capital Partners, the global private equity giant that had put in a winning bid for the Indian Premier league's new Ahmedabad franchise, appears to finally be over.
Dec 23, 2021 11:12
MUMBAI: Eight to 12 months. That is the expected time frame for the proposed merger between Sony Pictures Networks India Private Limited (SPNI) and Zee Entertainment Enterprises Ltd. (Zee) to be completed, assuming that all regulatory clearances go through.
Dec 22, 2021 08:12
MUMBAI: Sony Pictures Networks India Private Limited (SPNI) and Zee Entertainment Enterprises Ltd. (ZEEL) Wednesday announced that they have signed definitive agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations and program libraries.
Dec 21, 2021 08:12
NEW DELHI: Fitness and wellness startup Cult.fit on Monday said it has acquired at-home cardio equipment brands - RPM fitness, Fitkit and Onefitplus.
Financial terms were not disclosed.
Cult is also making a foray into outdoor bicycles business with acquisition of brand Urban Terrain.
Dec 15, 2021 16:12
NEW YORK: The National Women's Soccer League has announced Voyager Digital Ltd as the first cryptocurrency partner of the top tier women's football league in the US.
Dec 14, 2021 14:12
MUMBAI: Indian cricketing legend Sachin Tendulkar has come on board used car retail platform Spinny as a strategic investor in the company, as well as lead brand endorser.
The association with the Master Blaster marks another chapter in Spinny’s commitment to young Indians in the realization of their dreams and aspirations by serving simple and delightful car buying and selling experiences.
Dec 14, 2021 12:12
MUMBAI: Aditya Birla Fashion and Retail Ltd. (ABFRL) announced on Tuesday that it had in-principal approved buying exclusive online and offline rights to the global sportswear brand Reebok for the Indian market.
The deal will be effective once the global ownership of the Reebok brand is transferred from adidas to Authentic Brands Group under a €2.1 billion ($2.37bn) acquisition announced in August.
Dec 14, 2021 12:12
BEAVERTON, Oregon: NIKE, Inc. Tuesday announced the acquisition of RTFKT, a leading brand that leverages cutting edge innovation to deliver next generation collectibles that merge culture and gaming, making a big step to the NFT (non-fungible token) world.
The move by the sportswear giant will lead to more creation of virtual collectibles for the metaverse space.
Dec 14, 2021 10:12
MUMBAI: Nodwin Gaming has acquired a strategic 10% stake in the digital content IP media network Rusk Media.
To assert its dominance in the Indian esports ecosystem, the company has been on an expansion and consolidation spree since its funding in March this year. With this investment in Rusk Media, Nodwin Gaming aims to deepen and widen its portfolio of content IPs in the gaming and esports ecosystem.