Non-profit group approaches CCI against proposed PVR-INOX Leisure merger

Non-profit group approaches CCI against proposed PVR-INOX Leisure merger

Non-profit group CUTS has filed a complaint against the proposed merger agreement between multiplex operators PVR and INOX Leisure, alleging that the deal will have anti-competitive effects on the film exhibition industry. The Consumer Unity & Trust Society (CUTS) has approached the Competition Commission of India (CCI) to investigate the...


Rusk Media raises $9.5mn in series A

Rusk Media raises $9.5mn in series A

Indian digital entertainment company Rusk Media Pvt Ltd has raised over $9.5 million in an extended series A funding round. Seoul-based DAOL Investment and Audacity Ventures led the extension round with existing investors InfoEdge Ventures (IEV), Mistry Ventures, and Survam Partners participating in the round. Rusk Media with NODWIN Gaming re...


Viacom18 files FIR against piracy for ‘Laal Singh Chaddha’

Viacom18 files FIR against piracy for ‘Laal Singh Chaddha’

Viacom18 Media Pvt. Ltd has filed an FIR at Banaswadi police station, Bangalore against a suspect who was arrested on August 12, 2022, for illegal uploading and distribution of the film ‘Laal Singh Chaddha’. The arrest was made upon a tip received by Viacom18 from Cinepolis, Orient Mall, Bangalore. Police have unearthed incriminat...


Sun TV: core business valuation play

Sun TV: core business valuation play

By Elara Caps Sun TV (SUNTV IN) posted strong revenue growth including IPL of 47.4 percent YoY, up 43.3 percent QoQ and up 8 percent vs pre-COVID levels to INR 11,393mn, better than our estimates of INR 9,977mn, led by healthy advertising revenue, which grew 40.8 percent YoY to INR 3,432mn, up 2 percent QoQ & dow...