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Zomato buys Paytm’s entertainment ticket business for $244 million

TechCrunch: M&A

Zomato, the Indian food delivery giant, has acquired the entertainment ticketing business of financial services firm Paytm for $244.1 million, signaling a strategic move to expand its “going out” offerings.

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10-27-2023 Newsletter: From Investment Banking to Media & Entertainment

OfficeHours

open.spotify.com/show/7aeLSeoDAPHEGZ89UECnmk We are excited to host Rhea Harsoor as she shares her insights and journey from Investment Banking to Media and Entertainment TODAY AT 3PM ET ! Registration Required Webinar Highlights: What drove your decision to transition from investment banking to the media and entertainment industry?

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Wasserman Buys Brillstein, Merging Sports and Entertainment

The New York Times: Mergers, Acquisitions and Dive

Casey Wasserman had long pledged to stay away from the traditional entertainment business, but he said a new media landscape changed his thinking.

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Lavish Entertainment, Inc. Expands Presence in Event Production Industry Through the Acquisition of ABI Create

Global Newswire by Notified: M&A

(OTC PINK: GTVH) (“GTV” or the “Company”) is pleased to announce that Lavish Entertainment (or “Lavish”), a wholly owned subsidiary of GTV, has completed a full acquisition of ABI Create (or “ABI”), a premier event management and production firm.

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FanDuel parent Flutter Entertainment can triple its U.S. profits over the next three years, Goldman says

CNBC: Investing

FanDuel parent Flutter Entertainment is poised for even more gains ahead as its U.S. growth takes off, according to Goldman Sachs.

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Indian music label giant Saregama acquires Pocket Aces

TechCrunch: M&A

Saregama has acquired a 51.82% stake in the digital entertainment startup Pocket Aces as the oldest Indian music label makes a deeper push into videos. Saregama is paying about $20 million for the 51.82% stake in Pocket Aces and plans to invest an additional $1.8

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D1 Capital hikes its bet on this entertainment stock by more than 400%, shifts Big Tech holdings

CNBC: Investing

Dan Sundheim's D1 Capital boosted its stake in this live entertainment stock during the first quarter.