Roberts died of natural causes in Philadelphia
The surprise bid, if successful, will create one of the world's biggest media companies, after Time Warner Inc and News Corp.
Google Inc and Comcast Corp are in talks with Time Warner Inc about acquiring ownership stakes in America Online's Web portal AOL, a person familiar with the discussions said.
Olympic ceremony's Last Supper sketch 'never meant to disrespect'
A non-strategic investor like Poonawalla brings in not only capital but also creative freedom. Indian cinema needs more investors like him, reports Vanita Kohli Khandekar.
Disney Star India, bought at a valuation of $15 billion, could be on the block for roughly one-third that amount.
Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'
For years it has been evident that fibre and DTH would give tough competition to cable in India where regulatory overload has mutilated an already warped industry structure. OTT added fuel to the fire. From Rs 27,000 crore in 2010, cable's share of subscription revenues is now estimated at Rs 13,000 crore.
Here are some areas where costs have grown, and where income that had been expected will not materialise.
Organisers said last December that the entire cost of holding the Games would come to about $15.4 billion, including $2.8 billion in costs for the unprecedented postponement from 2020. Since then, the projected bill for postponement has risen to $3 billion.
'The Biden administration will not send any diplomatic or official representation to the Beijing 2022 Winter Olympics and Paralympic Games given the PRC's ongoing genocide and crimes against humanity in Xinjiang and other human rights abuses.'
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Puneet Goenka's ability to stay calm is probably what helped Zee rise from a down-in-the-dumps broadcaster into one of the largest, steadiest and most profitable media companies in India, reports Vanita Kohli-Khandekar.
A Rio Olympics media bus, driving above the speed limit, hit a speed bump injuring three reporters travelling inside it, with one being taken to hospital, a Games official said on Tuesday. The accident occurred on Monday evening. A South Korean journalist was taken to hospital for treatment before being released. "It involved three journalists - a Korean, an Israeli and one working for (U.S.) broadcaster NBC, for whom we do not have the nationality," Games spokesman Mario Andrada said.
Hollywood celebrity couple Will Smith and Jada Pinkett Smith have bought a minority stake in NBA basketball team Philadelphia 76ers.
Television news networks, including ABC CBS and NBC all cut away from United States President Donald Trump as he spoke from the White House to make an unfounded accusation that the election was being stolen from him.
Zee and Star, the two largest media companies in India, are undergoing some radical ownership changes. What could it mean? Vanita Kohli Khandekar attempts an answer.
If you thought that international cable television majors such as Liberty Media and Comcast Corporation will line up to invest in the Indian cable TV industry after the government's proposal to allow 74 per cent foreign equity in cable, think again. The buzz is that the government is in a mood to raise the foreign equity bar for the cable industry from the current 49 per cent to 74 per cent.
Patni Computer Systems has completed the acquisition of US-based Cymbal Corporation for $68 million, helping it enter the $60 billion telecommunication vertical for IT services.
Email providers can stop spoof emails impersonating them from reaching their customer's inbox or junk/bulk folder by enabling DMARC, says Venkata Satish Guttula.
News of all that's transpired on and off the football field
If Indian storytelling can deliver, it can make the entertainment industry an engine of economic growth and a substantial contributor to GDP, says Vanita Kohli-Khandekar.
100 per cent FDI is now allowed in almost every major TV distribution form (direct-to-home, cable, headend-in-the-sky, multi-system operators) and 49 per cent in TV news.
A summary of sports events and persons who made news on Thursday
The promoters expect to get Rs 9,000-10,000 crore from the sale of their assets
Customers of US cable companies took to social media on Saturday to report problems ordering the pay-per-view (PPV) for the boxing megafight between Floyd Mayweather Jr. and Manny Pacquiao, which was expected to smash records.
Concerns are swirling that Japan's dream of hosting the Tokyo 2020 Olympics could be a fatality of the spread of the new coronavirus, jolting organisers, sponsors, and media firms who have spent billions of dollars in the run-up to the event. Global insurers face a hefty bill if the coronavirus forces the cancellation of the Games, with estimates of the cost of insuring the showpiece running into billions of dollars.
Pop singer Katy Perry will headline the halftime entertainment at February's Super Bowl, the most-watched US sporting and television event, according to an announcement by the National Football League on Sunday.
The move marks a significant ramping up of one of Facebook's most closely watched new advertising products, which analysts believe could help the Internet company capture a bigger slice of lucrative brand advertising budgets.
Poor policymaking, a fractious industry and the cockeyed nature of regulations are to blame, saya Vanita Kohli-Khandekar.
The virus had broken out in the lead-up to the opening ceremony in Pyeongchang last Friday and led to some 1,200 security staff being quarantined. Organisers had to call in military personnel to replace them.
Trump trying to divide us, cries NBA star LeBron James even as Cowboys, Cardinals link arms amid anthem protests
A Russian medallist at the Pyeongchang Winter Olympics is suspected of having tested positive for a banned substance, a source at the Games said on Sunday, in a potential major blow to Russia's efforts to emerge from a drug-cheating scandal.
The programme has triggered a huge debate in India.
White House said Trump strongly believed that protecting environment and 'promoting our economy are not mutually exclusive goals'.