Business Intelligence

MUMBAI: Sony Pictures Networks India (SPN) and Zee Entertainment Enterprises Ltd. (ZEEL) Wednesday announced that they have entered into an exclusive, non-binding Term Sheet to combine both companies’ linear networks, digital assets, production operations and program libraries.

The combined entity will have a consolidated topline of about Rs 140 billion based on FY21 results and a viewership market share between 25 to 30%.

Sep 21, 2021 18:09
PARIS: Sorare, the fantasy football platform and marketplace for nonfungible token (NFT) trading cards, announced Tuesday that it has raised $680 million in Series B financing led by Japanese fintech giant SoftBank, with participation from Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP and Liontree; and existing investors Benchmark, Accel and Headline.
Sep 21, 2021 17:09
SENTOSA, Singapore: The 2022 Saudi International powered by SoftBank Investment Advisers will mark the start of an historic chapter in golf, as the prestigious event becomes sanctioned by the Asian Tour as part of a new 10-year partnership.
Sep 21, 2021 13:09
MUMBAI: E-commerce brands emerged as biggest spenders before and during the first phase of IPL 2021, with VIVO and Amazon Prime at the top of the recall hierarchy given their high media spends on the tournament, according to the "Hi-Cricket" study. 
Sep 17, 2021 15:09
MUMBAI: Viacom18 on Thursday confirmed the appointment of Anil Jayaraj as CEO – Sports.  In his new role, Jayaraj, who officially started work in his new portfolio at the Reliance Industries Ltd-controlled network on Thursday, will be leading the media and entertainment network’s foray into acquisition, broadcasting and monetisation of sports properties.
Sep 16, 2021 15:09
BENGALURU: Mobile Premier League, Asia’s largest esports and skill gaming platform, has reportedly raised $150 million in a Series E round of funding led by Legatum Capital at a pre-money valuation of $2.3 billion. This makes made it India's second gaming unicorn valued at over $1 billion after Dream11.
Sep 16, 2021 13:09
MUMBAI: Hyperice, a global high-performance wellness brand specializing in percussion, dynamic air compression, vibration, thermal technology, mind technology, and contrast therapy, Thursday announced Indian cricketer Virat Kohli as a Hyperice athlete-investor and new brand ambassador. 
Sep 16, 2021 12:09
LOUGHBOROUGH, United Kingdom: Tech Mahindra Ltd., a leading provider of digital transformation, consulting and business re-engineering services, Wednesday announced a long term partnership with world-leading sports university Loughborough.
Sep 16, 2021 08:09
NEW YORK: Swiss running shoe company On Holding, which boasts tennis icon Roger Federer as a stakeholder, debuted on the New York Stock Exchange on Wednesday, selling 31.1 million shares in its initial public offering and raising $746.4 million on Day 1 of its listing.    
Sep 16, 2021 08:09
HYDERABAD: After a two-year hiatus, top level volleyball action will return to Indian screens with the launch of the Prime Volleyball League.  
Sep 15, 2021 18:09
MUMBAI: Bluesport Entertainment Private Limited, which has secured 10-year commercial rights for the still to launch Premier Handball League from the Handball Federation of India, Tuesday announced a Rs 2.4 billion investment commitment behind the game in India over the next five years.