All posts tagged: Acquire

Exclusive: Panorama Studios, PEN Studios acquire worldwide theatrical and digital rights for Mohanlal’s Malayalam film Drishyam 3

Exclusive: Panorama Studios, PEN Studios acquire worldwide theatrical and digital rights for Mohanlal’s Malayalam film Drishyam 3

Published by Parlour News

In one of the biggest film deals of 2025, Panorama Studios and Pen Studios have together acquired the worldwide theatrical and digital rights to the much-awaited Malayalam film Drishyam 3. The film is written and directed by Jeethu Joseph, starring Mohanlal, and is produced by Antony Perumbavoor under Aashirvad Cinemas. Drishyam is one of the most well-known film franchises in Indian cinema with strong box-office success. The franchise has built a loyal audience and inspired several remakes, including the Hindi versions, which were produced by Panorama Studios, while Drishyam 2 was directed by Abhishek Pathak.  Actor Mohanlal shared, “Georgekutty has stayed with me for years — in my thoughts, in the audience’s emotions, and in the silence between the lines. Returning to him feels like meeting an old friend with new secrets. I’m excited for the audience to see where his journey leads.” Well, the franchise continues to become bigger and better now!  Talking about this acquisition, Kumar Mangat Pathak, Chairman, Panorama Studios, said, “For me, Drishyam is more than a film — it has been …

Netflix announces deal to acquire Warner Bros at .7 billion, including HBO

Netflix announces deal to acquire Warner Bros at $82.7 billion, including HBO

Published by Parlour News

Updated on: Dec 05, 2025 07:17 pm IST It was announced that Netflix, Inc. (the Company) and Warner Bros. Discovery, Inc. (WBD) have entered into a definitive agreement for this deal. In a landmark deal, Netflix announced that it will acquire Warner Bros., including its film and television studios, HBO Max and HBO. The official social media account of Netflix shared this announcement, along with the details of the deal. The cash and stock transaction is valued at $27.75 per WBD share, along with a total enterprise value of approximately $82.7 billion (equity value of $72.0 billion), reported Tudum on Friday. (FILES) Streaming giant Netflix will acquire film and television studio Warner Bros. Discovery for nearly $83 billion, the two US companies announced in a joint statement on December 5, 2025. (Photo by Patrick T. FALLON / AFP)(AFP) About the acquisition Ted Sarandos, co-CEO of Netflix, said in a statement, “Our mission has always been to entertain the world. By combining Warner Bros.’ incredible library of shows and movies—from timeless classics like Casablanca and Citizen …

Why the government should acquire BluSmart

Why the government should acquire BluSmart

Published by Parlour News

The abrupt suspension of BluSmart’s operations has impacted clean mobility ambitions and the livelihoods of over 10,000 drivers. With financial misconduct allegations against its founders coming to the fore, the company’s services were halted across Delhi-NCR, Mumbai, and Bengaluru, affecting both employees and a growing base of loyal customers. While the legal system rightly pursues accountability from the promoters for alleged diversion of funds, the workforce and public assets built through this venture need not be abandoned. This crisis offers a good opportunity for the Indian government to step in, acquire BluSmart, and integrate it into the Sahkar Taxi cooperative platform that is in the process of being rolled out. Such a move would protect livelihoods, preserve vital green urban transport assets, and further India’s mission of democratic economic empowerment through cooperative ownership. Story continues below this ad Founded in 2019, BluSmart emerged as India’s pioneering all-electric ride-hailing platform. Operating a fleet of over 8,000 electric vehicles, the company quickly gained attention for its environmentally friendly service model, transparency in pricing (fixed fares with no …

`BJP govt wants to acquire land through Waqf Act, eyes gold of Kerala`s temple`

`BJP govt wants to acquire land through Waqf Act, eyes gold of Kerala`s temple`

Published by Webster

Maharashtra Congress President Harshwardhan Sapkal on Sunday alleged that after rolling out the Waqf Act for “acquiring land,” the Bharatiya Janata Party (BJP) Government has set its sights on “grabbing” a large amount of gold from the famous Lord Padmanabhaswamy Temple in Kerala. Addressing Congress workers in Nashik, Sapkal said, “When the British decided to make Delhi their capital, there was a demand to keep places of worship safe while acquiring land. For this purpose, the Waqf Board was formed in 1913 through the Rehabilitation Act. It was established to safeguard places of worship of all religions, and special rights were given to temples, mosques, and gurdwaras.” He alleged that the BJP Government is trying to acquire land after passing the Waqf Amendment Bill, adding, “They want to grab the huge amount of gold in the Padmanabhaswamy Temple.” The Padmanabhaswamy Temple in Thiruvananthapuram is considered the sacred abode of Lord Vishnu in the Vaishnava tradition. On Saturday, President Droupadi Murmu had given her assent to the Waqf (Amendment) Bill, 2025, which was passed by Parliament …

Delhivery to acquire Ecom Express for Rs 1,400 crore cash to scale up business | Here are details

Delhivery to acquire Ecom Express for Rs 1,400 crore cash to scale up business | Here are details

Published by Webster

The completion of the transaction is subject to approval from the Competition Commission of India, and customary closing conditions. Ecom Express Ltd, which was incorporated in August 2012, is an end-to-end technology-enabled logistics solutions provider. Logistics services provider Delhivery Ltd on Saturday (April 5) announced the acquisition of Ecom Express Ltd for a cash consideration of about Rs 1,400 crore to scale up its business. In a regulatory filing, the company said it has signed a definitive agreement to acquire a controlling stake in Ecom Express Ltd for a cash consideration of around Rs 1,400 crore from its shareholders. The company’s board approved the “acquisition of shares equivalent to at least 99.4 per cent of the issued and paid up share capital, on a fully diluted basis, of Ecom Express Ltd for a purchase consideration not exceeding Rs 1,407 crore.” The board has approved the execution of share purchase agreement amongst the company, Ecom Express, and their shareholders and execution of other necessary documents. The deal is expected to be completed within the next six …

Lease ends today, Himachal set to acquire Hotel Wildflower Hall | Chandigarh News

Lease ends today, Himachal set to acquire Hotel Wildflower Hall | Chandigarh News

Published by Parlour News

The Himachal Pradesh government is all set to take over Hotel Wildflower Hall located 12 km from Shimla, as the lease period granted to the East Indian Hotels (EIH) Limited for operating the British-era heritage property will expire on Monday, officials said. In a cabinet meeting held in February this year, the state government had approved the hiring of a consulting firm to facilitate the leasing ofthe property. Vivek Bhatia, director of Tourism & Civil Aviation Department, has issued an order, directing officials — managing director of Himachal Pradesh Tourism Development Corporation (HPTDC), the District Tourism Development Officer (DTDO) — to be present at the hotel to facilitate the handover process from EIH Ltd, the flagship company of luxury hotel chain of the Oberoi Group. Story continues below this ad Sources said he has also attached instructions from Principal Secretary (Tourism) and Finance Secretary Davesh Kumar, which were forwarded to officers concerned. The order states: “In reference to the arbitral award dated July 23, 2005, and the Supreme Court’s order dated February 20, 2024, the …

India gaming market to be more impactful; looking to invest, acquire: KRAFTON India CEO

India gaming market to be more impactful; looking to invest, acquire: KRAFTON India CEO

Published by Parlour News

KRAFTON India CEO, Sean Hyunil Sohn sees the gaming industry here becoming much more sizable and impactful [File] | Photo Credit: AP South Korean gaming giant KRAFTON – the name behind popular esports title Battlegrounds Mobile India (BGMI) – is actively looking to invest and acquire in India, which is among its top five markets globally and where mobile-first gaming culture, rapid smartphone adoption, and a young, tech-savvy population are driving prospects of steady growth in online gaming. KRAFTON India CEO, Sean Hyunil Sohn sees the gaming industry here becoming much more sizable and impactful, and asserts the company would not be tied down to fixed investment limits for this “promising” market. KRAFTON has already invested $200 million in the country. Reflecting on India’s regulatory landscape and past challenges faced by KRAFTON, he highlighted the company’s positive outlook on regulations. Sean said India’s approach to norms are supported by defined processes, constructive feedback, and a calibrated approach before actual implementation of guidelines. “We want to double down on gaming and its addressable area because we …

IPL 2025: Defending Champions KKR Acquire Chetan Sakariya As Injury Replacement For Umran Malik

IPL 2025: Defending Champions KKR Acquire Chetan Sakariya As Injury Replacement For Umran Malik

Published by Webster

File photo of Chetan Sakariya.© BCCI The defending champions, Kolkata Knight Riders (KKR) have picked Chetan Sakariya as a replacement for fast bowler Umran Malik for the upcoming edition of the Indian Premier League (IPL) 2025. Known for his blistering pace, Umran, who represented Sunrisers Hyderabad from 2021 to 2024, was snapped up by KKR for Rs 75 lakhs at the auction but has now been ruled out of the season due to an injury. Sakariya, a left-arm medium pacer, has represented India in an ODI and two T20Is and has played 19 IPL games, scalping 20 wickets from the same. The Kolkata based franchise have undergone several changes ahead of the 2025 season, both in their squad and coaching staff. Last year’s title-winning captain, Shreyas Iyer, was released before the mega auction and later acquired by Punjab Kings, where he was named skipper. In his absence, KKR has appointed Ajinkya Rahane as captain, with Venkatesh Iyer serving as his deputy. Rahane had captained Mumbai to winning the Syed Mushtaq Ali Trophy in …

Sony Confirms ‘Initial Declaration of Intent’ to Acquire FromSoftware Parent Kadokawa

Sony Confirms ‘Initial Declaration of Intent’ to Acquire FromSoftware Parent Kadokawa

Published by Webster

Sony has confirmed its approach to acquire FromSoftware parent Kadokawa, weeks after a report claimed the company was in talks to buy the media and publishing firm. The PlayStation parent said it had made an “initial declaration of intent” to acquire Kadokawa. While the two Japanese companies had initially refused to comment on the report in November that claimed Sony had initiated acquisition talks, Kadokawa had later confirmed Sony’s approach. Sony Confirms Interest in FromSoftware Parent The confirmation from the technology giant came in comments made in a Yahoo Japan interview Wednesday. “It is true that we have made an initial declaration of intent, and we would appreciate it if we could refrain from commenting further,” Sony said (translated from Japanese). Kadokawa, a media conglomerate that owns Elden Ring developer FromSoftware, confirmed Sony’s interest last month following the initial report. “There are some articles on the acquisition of KADOKAWA Corporation (hereinafter “the Company”) by Sony Group Inc. However, this information is not announced by the Company,” Kadokawa had said in release on November 20. “The …

Riteish and Genelia Deshmukh acquire Pune team

Riteish and Genelia Deshmukh acquire Pune team

Published by Webster

The World Pickleball League (WPBL) on Wednesday announced the launch of Pune United, the city’s very own franchise. This team is backed by a dynamic consortium of owners, including the famous Bollywood couple Riteish and Genelia Deshmukh, corporate leaders Sudhir and Sunanda Mehta from EKA Mobility and Pinnacle Industries, and visionary educators Ajeenkya D Y Patil and Pooja Patil from Ajeenkya DY Patil University. ‘Unmatched craze and popularity’ Riteish Deshmukh expressed his excitement: “Pickleball is the fastest-growing sport in the world. Its craze and popularity are unmatched amongst all ages. We are excited to be part of the World Pickleball League which will surely take pickleball to newer heights across India. Our endeavor at Pune United is to champion a team that will inspire players to give their best and couples, families, and communities to come together and embrace this wonderful game and lead healthier and fitter lives.” Genelia Deshmukh added, “Pune United is serving up a storm. We are excited to be part of the World Pickleball League. Pickleball has the power to unite, …