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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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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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SDNY Judge Refuses To Transfer DOJ Case Against Concert Promoter, Finding Attempt To Unwind A Merger Cleared By Consent Decree Does Not Necessarily “Modify” The Decree

JD Supra: Mergers

On October 3, 2024, United States District Judge Arun Subramanian refused to transfer the DOJ’s monopolization case against two companies in the live entertainment industry (“Defendants”) from the Southern District of New York to the District of Columbia. Live Nation Entertainment, Inc., United States, et al. and Ticketmaster L.L.C.,

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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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U.S. Sues to Break Up Ticketmaster Owner, Live Nation

The New York Times: Mergers, Acquisitions and Dive

Accused of violating antitrust laws, Live Nation Entertainment faces a fight that could reshape the multibillion-dollar live music industry.

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DOJ to Sue Live Nation, Accusing It of Defending a Monopoly

The New York Times: Mergers, Acquisitions and Dive

Live Nation Entertainment, the concert giant that owns Ticketmaster, faces a fight that could reshape the multibillion-dollar live music industry.

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U.S. Plans to Accuse Live Nation of Defending a Monopoly

The New York Times: Mergers, Acquisitions and Dive

Live Nation Entertainment, the concert giant that owns Ticketmaster, faces a fight that could reshape the multibillion-dollar live music industry.