On December 12, the Governing Council of IPL invited bids for acquiring the title sponsor rights for the best five years.
Tag: Media
Merger limbo threatens Disney Star’s ICC broadcast as Zee-Sony talks delay
On August 27, 2022, Disney Star secured the ICC media rights for the 2024-27 term, amounting to approximately $3 billion.
Unilever wants to tap UEFA EURO 2024’s live audience of 5 billion people worldwide
Unilever kicked off a multi-brand partnership with UEFA EURO 2024 in December 2023.
Unilever acquires premium haircare brand K18; grows the FMCG major’s Prestige portfolio
Unilever signed an agreement to acquire the premium biotech haircare brand K18. This marks another step in the optimisation of Unilever’s portfolio towards higher growth areas.
December auto sales preview: Two-wheeler sales expected to surge 30 percent; Bajaj Auto, TVS likely top performers
Bajaj Auto’s total sales are likely to have risen 25 percent to 3.51 lakh units and TVS auto sales may have increased by 30 percent to 3.14 lakh units in December.
Hyundai announces Deepika Padukone as brand ambassador
This partnership promises a mutually beneficial tie-up, leveraging her strong emotional bond with the Indian audience making her an ideal Brand Ambassador for Hyundai Motor India.
The fate of the 1.5 billion dollar ICC TV rights deal between Zee and Disney Star
Recently, news of a potential merger between Viacom18 and Star India has been floating after Disney Star’s parent Walt Disney signed a non-binding agreement with Reliance Industries (RIL). If the ICC deal is likely to fall through, it will have massive influence on the due diligence of Walt Disney as well as RIL.
Minority shareholders reject appointment of Dish TV independent directors
The latest flare-up is part of an ongoing rift between the promoter family and minority shareholders over alleged lapses in corporate governance.
BCCI to prevent Chinese brands from bidding for IPL title sponsorship rights
The BCCI has made it clear that it will not entertain bids form Chinese companies, indicating that it will not seek relationships with countries that do not have friendly ties with India.
Google announces 30000 layoffs from ad sales division post new AI innovation
The new innovations can automatically suggest and create ads for customers, requiring basically, no human intervention. This development renders the ad sales unit essentially redundant.