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he deal, originally valued at $1 plus the assumption of $9.75 billion in Dish debt, would have merged the two satellite TV providers into the largest U.S. pay-TV service, with a combined 20 million subscribers. However, the lack of consensus among bondholders effectively derailed the agreement.

The tech tycoon will own 77.5% of National Amusements, while the remaining 22.5% will be held by RB Tentpole LP, led by RedBird Capital Partners founder Gerry Cardinale.

Paramount and Comcast are allegedly contemplating a streaming team-up that could lead to Peacock and Paramount+ bundled.

After more than two years of negotiations, Sony has officially called off its proposed US$10 billion merger between its India operations with Zee Entertainment Enterprises.

With its larger catalogue, subscriber base and revenue, U-Next is now better positioned than any other domestic SVOD service to challenge the dominance of Prime Video and Netflix in Japan, according to Ampere Analysis.