All posts tagged: Acquisition

Multiplex Association of India fears Netflix’s acquisition of Warner Bros threatens India’s theatrical releases

Multiplex Association of India fears Netflix’s acquisition of Warner Bros threatens India’s theatrical releases

Published by Webster

The Multiplex Association of India (MAI) on Saturday raised concerns over Netflix’s proposed acquisition of Warner Bros. Discovery, stating that it poses a direct competition and economic threat to India’s theatrical and broader film industry. Netflix and Warner Bros. Discovery, Inc. have announced an $82.7 billion deal for Netflix to acquire Warner Bros. film and TV studios, HBO Max, and HBO. Mario Tama/Getty Images/AFP (Photo by MARIO TAMA / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)(Getty Images via AFP) The Acquisition of Warner Bros, one of the world’s leading studios, by a dominant streaming platform that has historically deprioritised theatrical releases, poses a direct economic threat to India’s broader film economy, MAI said in a statement. On Friday, Netflix said it has struck a deal with Warner Bros Discovery to buy the legacy Hollywood giant’s studio and streaming business for USD 72 billion. The cash-and-stock deal also includes its namesake television and motion picture division, Warner owns HBO Max streaming services and DC Studios. The transaction is expected to close after Warner separates …

Adobe Aims at Via Semrush Acquisition

Adobe Aims at Via Semrush Acquisition

Published by Webster

Source: Adobe Adobe is making a $1.9 billion bet that AI-driven discovery is the new battleground for brand visibility. The company is moving to acquire Semrush, aiming to strengthen its edge as search shifts toward LLM-powered recommendations. In its announcement, Adobe said the all-cash deal will bring Semrush’s advanced tools into its marketing stack to help brands stay visible across traditional search and AI-driven channels. Shareholder commitments smooth the way Adobe said its boards and Semrush’s have signed off on the agreement, clearing a major hurdle for the acquisition. The deal is slated to close in the first half of 2026, pending regulatory review and a final shareholder vote. Semrush’s founders and key investors, who control more than 75% of voting power, have already committed their support. Market reaction was swift. Semrush shares jumped 74% for their biggest single-day gain on record, while Adobe slipped about 2% following the announcement. AI search is changing the rules of visibility Adobe said customer behavior is shifting as people rely more on AI systems for recommendations and purchasing …

Agra has 19 shows against 2400 shows of De De Pyaar De 2, Kanul Behl and 49 other filmmakers demand transparency in programming, fair OTT acquisition policies | Bollywood News

Agra has 19 shows against 2400 shows of De De Pyaar De 2, Kanul Behl and 49 other filmmakers demand transparency in programming, fair OTT acquisition policies | Bollywood News

Published by Webster

Days after Kanu Behl’s Agra finally released in theatres, it appears the film is not receiving a fair number of screens or showtimes. In response, more than 50 members of the film fraternity—including Behl, Nandita Das, Rima Das, and Varun Grover—have issued a joint statement calling for equitable showtimes, transparency in programming, independent film showcase cycles, public-private exhibition support, and fair OTT acquisition policies. ARTICLE CONTINUES BELOW VIDEO The joint statement read: “Over the last decade, Indian independent cinema has carried the country’s creative identity to the world—premiering at Cannes, Venice, Berlin, Sundance, Locarno, Rotterdam and Busan. These films have expanded the idea of what Indian stories can be. They have been celebrated globally for their honesty, courage and craft.” The statement continued, “And yet, within India, these films continue to fight simply to be seen.” Citing the current struggle of Agra, the signatories said that despite the film’s international acclaim, awards, extensive media coverage, and evident audience interest, it is still struggling to secure fair and accessible showtimes across multiplexes. Story continues below this …

AC Milan and Inter complete acquisition of San Siro for new stadium project | Football News

AC Milan and Inter complete acquisition of San Siro for new stadium project | Football News

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AC Milan and Inter Milan have teamed up to complete the acquisition of the San Siro stadium and surrounding land from the city authorities, in a further step towards demolishing the venue and building a new one, the two clubs said on Wednesday. AC Milan and Inter, owned by US investment funds RedBird and Oaktree respectively, have hired architectural firms Foster + Partners and Manica to work on a new stadium with a capacity of 71,500, part of a broader redevelopment of the area with commercial and residential buildings. The old ground, which the clubs share, will be demolished except for a heritage section comprising part of its second tiers. Story continues below this ad Prosecutors in Milan have opened an investigation into alleged bid-rigging in the deal, judicial sources said on Wednesday, following a complaint from another group who said they wanted to make an offer but did not have sufficient time. The complaint is not expected to block the deal. Italy is under pressure to upgrade its soccer stadiums, driven by foreign investors …

PMC reserves ₹500 cr for land acquisition for Katraj – Kondhwa Road widening

PMC reserves ₹500 cr for land acquisition for Katraj – Kondhwa Road widening

Published by Parlour News

In a bid to ease traffic congestion on the busy Katraj-Kondhwa road, the Pune Municipal Corporation (PMC) has fast-tracked construction of an alternative route. Municipal commissioner Naval Kishore Ram conducted an on-site inspection of the work near Shatrunjay Temple on Saturday afternoon and directed officials to ensure speedy and high-quality completion. The civic body has already made financial provisions for land acquisition to widen the main road to 50 metres, with plans to take up full-scale development once land possession is completed. (HT) “The alternative route must be completed quickly and with the best quality so that citizens can benefit at the earliest,” Ram said during the visit, where he reviewed progress with officials from the roads department, project consultants, and other stakeholders. The alternative road is being developed to divert vehicular load from the existing Katraj-Kondhwa road until the main stretch is fully upgraded. The civic body has already made financial provisions for land acquisition to widen the main road to 50 metres, with plans to take up full-scale development once land possession is …

Bitcoin Price Rises Past ,000 as Whales, Institutions Continue Aggressive Acquisition

Bitcoin Price Rises Past $94,000 as Whales, Institutions Continue Aggressive Acquisition

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Bitcoin is currently trading at $94,200 (roughly Rs. 80.3 lakh) on international exchanges, amid aggressive acqusition by whales and institutions. The asset’s value rose by 7.80 percent over the past seven days, and saw a marginal 0.12 percent increase on global exchanges on Monday. On Indian exchanges, the Bitcoin price fell by 0.09 percent, and it is currently trading between $91,400 (roughly Rs. 78 lakh) and $94,1450 (roughly Rs. 80.3 lakh). The month of April was a challenging period for Bitcoin investors, when the asset fell to its lowest level (in 2025) to trade at $76,000 (roughly Rs. 64.8 lakh) owing to macroeconomic changes and the trade war between China and the US. “For now, BTC faces immediate resistance at $96,000 (roughly Rs. 81.9 lakh), while support remains at $90,500 (roughly Rs. 77.2 lakh). Glassnode data reveals a sharp rise in Whale accumulations, with wallets holding over 10,000 BTC increasing from 124,000 to 137,600 over the past month. This steady accumulation strengthens Bitcoin’s upward momentum,” Edul Patel, Co-founder and CEO of Mudrex told Gadgets 360. …

Farmer allegedly consumes poison during land acquisition protest in Channarayapatna

Farmer allegedly consumes poison during land acquisition protest in Channarayapatna

Published by Parlour News

A 55-year-old farmer, facing the loss of three acres of land to an industrial project at Channarayapatna in Devanahalli, allegedly consumed poison on Thursday during a protest against land acquisition. The farmer, identified as Venkatesh, was undergoing treatment at Victoria Hospital in Bengaluru. The protest, led by a group of farmers whose lands have been notified for acquisition under the third phase of an industrial project by the Karnataka Industrial Areas Development Board (KIADB), has been ongoing for over 1,000 days. The KIADB has notified 1,777 acres for acquisition. Since the notification was issued, farmers have been staging an indefinite sit-in, opposing the project. During the last Assembly elections, the protestors threatened to boycott the polls, prompting the government to promise to cancel the project, but it remained unfulfilled. On Thursday morning, when the farmers left the protest site intending to meet the district in-charge Minister K.H. Muniyappa at his residence in Sanjay Nagar, police intercepted and stopped two buses transporting over 100 farmers. Farmer leader Anjaneya Reddy, speaking to The Hindu, said that upon …

Mumbai-Based IT Training Firm Jetking to Raise Over Rs. 6 Crore to Fund Bitcoin Acquisition

Mumbai-Based IT Training Firm Jetking to Raise Over Rs. 6 Crore to Fund Bitcoin Acquisition

Published by Webster

Jetking, a Mumbai-based IT training firm, plans to expand its Bitcoin holdings in the coming months. Company CFO Siddharth Bharwani said Thursday Jetking would raise Rs. 6.6 crore by selling 4,28,622 equity shares in compliance with SEBI regulations. The development comes around three months after Jetking became the first publicly listed firm in India to adopt a pro-Bitcoin treasury policy in December 2024. The company aims to use Bitcoin’s high price value to elevate its financial value in the long term. Bharwani, in a post on X, said the company board had approved a “Strategic Fund Raise” plan, proceeds from which would primarily be used to acquire Bitcoin tokens. As part of the plan, each of the 4,28,622 equity shares that Jetking will offer, will be priced Rs. 154 (Rs. 10 face value and Rs. 144 premium). While the plan’s main objective is Bitcoin investment, some portion of the collection will also be utilised to initiate Bitcoin-related educational, training, and skill development programmes in India. Jetking board approves “Strategic Fund Raise” to turbo charge foray …

SoftBank Expands AI Portfolio with .5B Acquisition of Chip Startup Ampere

SoftBank Expands AI Portfolio with $6.5B Acquisition of Chip Startup Ampere

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Masayoshi Son, chairman and chief executive officer of SoftBank Group. Image: SoftBank YouTube SoftBank has announced plans to acquire the chip startup Ampere for $6.5 billion in an all-cash deal that “broadens its AI infrastructure investments.” For the last eight years, Ampere has been designing high-performance processors tailored for cloud computing, AI workloads, and data centres. Ampere’s lead investors, private equity firm Carlyle and IT giant Oracle, will sell their shares, which equate to 59.65% and 32.27% stakes in the company, respectively, according to SoftBank. The Japanese telco will retain Ampere as an independent subsidiary based in Santa Clara, once the deal closes in the second half of 2025. SEE: US Chip Export Rule Proposes Limits to Thwart Chinese GPUs More must-read AI coverage SoftBank’s goal of expanding its AI offerings and investments SoftBank has been aiming to bolster its AI offerings for a while; the company was reportedly considering acquiring a minority stake in Ampere in 2021, according to Bloomberg, but no deal materialized. In 2016, it acquired Arm Holdings, a semiconductor design company …