All posts tagged: Acquisition

Did Jeff Bezos’ rumoured bid for Vogue inspire The Devil Wears Prada 2’s billionaire acquisition plot? Writer reveals

Did Jeff Bezos’ rumoured bid for Vogue inspire The Devil Wears Prada 2’s billionaire acquisition plot? Writer reveals

Published by Parlour News

The Devil Wears Prada 2 has been praised for its relevance in today’s time. The sequel, made 20 years after part 1, addresses issues such as layoffs, journalistic ethics, the death of print, and even billionaires buying and selling media groups. The last of these is said to have been inspired by Jeff Bezos’ rumoured plan to buy Conde Nast, the parent company of Vogue. However, the film’s screenwriter, Aline Brosh McKenna, calls it just a coincidence. Justin Theroux plays Benji Barnes in The Devil Wears Prada 2, a character that has similarities with Jeff Bezos. Did Bezos inspire The Devil Wears Prada 2? The Devil Wears Prada 2 sees Anne Hathaway‘s Andy Sachs return to Runway, the fictitious fashion mag modelled after Vogue. She must again work with Miranda Priestly (Meryl Streep) as the magazine’s leadership undergoes a sea of change. In the film, the fictional fashion magazine Runway faces a potential sale to a tech billionaire played by Justin Theroux, which, the writer says, represents a growing tension between creativity and profit. “There’s …

‘Exclusion’ row turns spotlight on Kerala’s spending for NH land acquisition

‘Exclusion’ row turns spotlight on Kerala’s spending for NH land acquisition

Published by Parlour News

The row over the ‘exclusion’ of Public Works Minister Mohamed Riyas from the inauguration of the National Highway (NH) 66 development projects attended by Prime Minister Narendra Modi in Kochi has once again turned the spotlight on Kerala’s claims with respect to the land acquisition cost borne by it for making this major infrastructure initiative a reality. Kerala had paid ₹5,580.74 crore as cost of land acquisition for the widening of the NH 66. This sum was also mentioned by Union Road Transport and Highways Minister Nitin Gadkari in the Rajya Sabha in reply to a question on the contribution of States towards NH development. Further, the Kerala government had on multiple occasions requested the Centre that it be allowed an additional borrowing of ₹6000 crore over the net borrowing ceiling for bearing 25% of the land acquisition cost of the NH development. In December 2024, Finance Minister K.N. Balagopal, in a meeting with Union Finance Nirmala Sitharaman, had stated that the approved amount for this purpose is ₹6,769 crore and that the State has …

SIT to probe ‘irregularities’ in land acquisition in Nandurbar | Mumbai News

SIT to probe ‘irregularities’ in land acquisition in Nandurbar | Mumbai News

Published by Parlour News

2 min readMumbaiMar 10, 2026 12:29 AM IST The Maharashtra government will constitute a Special Investigation Team (SIT) to probe the alleged irregularities and corruption in the land acquisition and subsequent mutation process at Mouje Gangapur in Nandurbar. Announcing this in the Maharashtra Legislative Council on Monday, Revenue Minister Chandrashekhar Bawankule stated that no one will be spared in the investigation. The probe will cover the alleged acceptance of an irregular gift deed (baksis patra) and the unauthorised mutations carried out in violation of established rules and procedures. Bawankule was replying to a Calling Attention Notice moved by MLC Chandrakant Raghuvanshi. Highlighting the technical violations in the case, Bawankule said: “There are clear rules governing to whom government or restricted land can be gifted. In this instance, there is no familial or legal relationship whatsoever between the original landowner and the person in whose favour the gift deed was executed. Despite this fundamental mismatch, the revenue machinery accepted the document and carried out mutations. This indicates the existence of a well-organised racket operating right from …

Netflix walks away from Warner Bros deal, Paramount emerges winner after ‘superior’ 1 billion bid

Netflix walks away from Warner Bros deal, Paramount emerges winner after ‘superior’ $111 billion bid

Published by Parlour News

For months, Netflix had been considered the favourite to close its deal to acquire Warner Bros Discovery, one of the biggest entities in Hollywood. Ever since the streaming giant had disclosed its $72-billion bid for the studio and its titles, the industry had been bracing for the takeover. But on Thursday, Netflix abruptly walked away from the deal after rivals Paramount Skydance raised their offer. This stunning move effectively puts Paramount in a position to take over its storied Hollywood rival. A drone view shows The Warner Bros. studio lot in Burbank, California, U.S., December 8, 2025. REUTERS/Mike Blake/File Photo (REUTERS) Netflix drops out of race for Warner Bros Warner Bros board announced on Thursday that Skydance-owned Paramount’s latest offer to buy the entire company for $31 per share was superior to the agreement it had previously struck with Netflix. Almost immediately after that, Netflix announced it would not raise its proposal. It said the new price it would have to pay to acquire Warner would make the deal “no longer financially attractive.” In a …

Netflix CEO Ted Sarandos hits back at James Cameron for calling streamer’s acquisition of Warner Bros ‘disastrous’

Netflix CEO Ted Sarandos hits back at James Cameron for calling streamer’s acquisition of Warner Bros ‘disastrous’

Published by Parlour News

Netflix CEO Ted Sarandos is not happy with James Cameron’s letter against the streaming platform over its bid to acquire Warner Bros studio and terming it “disastrous”. Pushing back against the remarks, Sarandos said he was “surprised and disappointed” that Cameron chose to align with what he described as a disinformation campaign surrounding the proposed deal. Netflix’s Ted Sarandos wrote a letter to defend his company’s plans for movies if its acquisition of Warner Bros. goes through, Ted Sarandos hits back at James Cameron Sarandos addressed Cameron’s remarks in a letter penned to Republican Senator Mike Lee of Utah, who chairs the Senate’s subcommittee on antitrust. He mentioned that an earlier letter from the director “knowingly misrepresents our position and commitment to the theatrical release of Warner Bros. films.” Sarandos’ letter follows an earlier note to Lee from Cameron, who said the sale of Warner Bros.’ film studio and streaming service to Netflix “will be disastrous for the theatrical motion picture business that I have dedicated my life’s work to.” “I recently read the letter …

Rajnath Singh-Led Top Defence Body Likely To Clear Acquisition Of 114 Rafale Jets, Key Meeting Tomorrow | India News

Rajnath Singh-Led Top Defence Body Likely To Clear Acquisition Of 114 Rafale Jets, Key Meeting Tomorrow | India News

Published by Webster

Last Updated:February 11, 2026, 21:44 IST The Rafale proposal was cleared by the Defence Procurement Board last month and is expected to be taken up before moving to the PM-led cabinet committee on security for a final nod The planned Rafale acquisition aims to address the steep decline in the squadron strength of the Indian Air Force. (Image: PTI/File) India’s Defence Acquisition Council, chaired by Defence Minister Rajnath Singh, is likely to approve 114 additional Rafale fighter jets for the Indian Air Force as it holds a key meeting on Thursday (February 12). The meeting will have major decisions on critical military platforms, with the agenda including proposals that could reshape combat capabilities of the armed forces amid growing security concerns. At the forefront is the likely approval of 114 additional Dassault Rafale jets for the Indian Air Force under the Medium-Role Fighter Aircraft (MRFA) programme. This proposal – cleared by the Defence Procurement Board last month – is expected to be taken up by the Defence Acquisition Council (DAC) before being forwarded to the …

Chhattisgarh: ED conducts raids in Bharatmala project land acquisition case

Chhattisgarh: ED conducts raids in Bharatmala project land acquisition case

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The Enforcement Directorate on Monday (December 29, 2025) raided multiple locations in Chhattisgarh as part of investigation into Bharatmala project land acquisition case. The Enforcement Directorate on Monday (December 29, 2025) raided multiple locations in Chhattisgarh as part of an investigation into alleged irregularities in the payment of land acquisition compensation for a Bharatmala project road between Raipur and Vishakapatnam in Andhra Pradesh, official sources said. At least nine premises in the State capital, Raipur, and Mahasamund are being searched, they said. The case pertains to alleged irregularities in the payment of compensation for the acquisition of land for the Raipur-Vishakhapatnam economic corridor under the Bharatmala Project. Premises linked to individuals like Harmit Singh Khanuja, his alleged associates, some government officials and landowners are being covered as part of the operation, the officials said. The ‘Bharatmala Pariyojana’ envisages the development of about 26,000 km of economic corridors, which, along with the Golden Quadrilateral and North-South and East-West Corridors, are expected to carry the majority of the freight traffic on roads. Published – December 29, 2025 …

17 years on, Karnataka HC quashes land acquisition originally obtained for Bengaluru-Mysore Infrastructure Corridor Project | Legal News

17 years on, Karnataka HC quashes land acquisition originally obtained for Bengaluru-Mysore Infrastructure Corridor Project | Legal News

Published by Parlour News

The Karnataka High Court recently quashed the acquisition of a one-acre land parcel in Bengaluru South’s Thalaghattapura, originally acquired 17 years ago for the Bengaluru-Mysore Infrastructure Corridor Project (BMICP). The order was passed by a single-judge bench of Justice KS Hemalekha on December 5 and made public Wednesday. In this case, the owner, one Rathna Reddy, had approached the court against the acquisition, claiming to be the owner who was still in possession of the property. The petitioner claimed that despite 17 years passing since the final acquisition notification in 2008, the state had neither awarded compensation nor taken possession; moreover, there was a June 2025 order from the Planning Office of the BMICP which stated that no ramp/link interchange, etc, was planned on that particular survey number property. The petitioner also pointed to proceedings before the Supreme Court, where the Karnataka government had filed an affidavit stating that 554 acres of excess land had been handed over, with no further land to be delivered. Before the bench, Reddy’s counsel argued that the acquisition proceedings …

Kerala HC quashes key stages in Sabarimala greenfield airport land acquisition

Kerala HC quashes key stages in Sabarimala greenfield airport land acquisition

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Kochi, The Kerala High Court has set aside crucial stages of the land acquisition process for the proposed Sabarimala greenfield airport, holding that the state failed to properly assess the minimum land actually required for the project. Kerala HC quashes key stages in Sabarimala greenfield airport land acquisition On December 30, 2022, the state government issued an order granting sanction for the acquisition of 2,570 acres of land, comprising the Cheruvally Estate and an additional 307 acres located outside it. Justice C Jayachandran, delivering the judgment on a writ petition filed by Ayana Charitable Trust and its managing trustee Dr Siny Punnoose, ruled the decision-making process under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, was legally flawed. The court, in its December 19 order, directed the state to restart the process by conducting a fresh social impact assessment limited to examining the minimum land requirement, followed by a fresh appraisal by the expert group and reconsideration by the government. The petitioners had challenged several government actions, including …

Is Crunchyroll in Trouble? Netflix’s Warner Bros Acquisition Could Change Everything for Anime Fans

Is Crunchyroll in Trouble? Netflix’s Warner Bros Acquisition Could Change Everything for Anime Fans

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Netflix’s Warner Bros Acquisition Could Change Crunchyroll’s Streaming Fate (Photo Credit –Crunchyroll/Facebook) Warner Bros. just became the center of a very loud streaming whisper after Netflix announced its multi-billion-dollar acquisition, a move that could quietly flip the anime streaming scene on its head. With Warner Bros. comes HBO Max, a platform already packed with major anime titles, pulling Netflix even closer to the top of the anime food chain. Crunchyroll’s Position In The Anime Streaming Market Now, even though at first glance, this looks like a win for viewers, due to fewer subscriptions, more shows in one place, and less jumping between apps, there is still a soft worry under the excitement. When Netflix owns more anime instead of funding new ones, the future output could slow down. Just a decade ago, anime streaming in America lived in one house as Crunchyroll stood alone. Netflix carried a few big names like Attack on Titan, but Crunchyroll had those and far more. It mixed major hits, and serious fans stayed there without thinking twice. However, that …