Top Story


Home >> Media - TV >> Article

News Corp completes acquisition of ESPN Star Sports

Font Size   16
News Corp completes acquisition of ESPN Star Sports

Rupert Murdoch-owned News Corporation has completed the acquisition of ESPN’s 50 per cent stake in its sports broadcasting joint venture ESPN Star Sports (ESS).

News Corporation had announced in June that it had signed a definitive agreement to buy ESPN's stake in ESS. ESPN is part of the Walt Disney Group.

“News Corporation and ESPN today announced that News Corporation, through a wholly-owned subsidiary, completed its acquisition of ESPN’s partnership interest in ESPN STAR Sports (ESS) pursuant to their agreement announced in June,” the company said in a statement.

The deal had earlier got the nod from the Competition Commission of India.

The statement added that upon the completion of the acquisition, ESS becomes a wholly-owned subsidiary of News Corporation. 

Siddharth Kumar Tewary, Founder, Chief Creative, One Life Studios and Swastik Productions, on owning the IP on his most ambitious project 'Porus,' the risk of recovering its cost and his distribution strategy

Webscale plans to build the brand around smooth operations for the e-commerce sector and then move on to demand generation

Shriya Ghate, Business Head, Tinkle, spills the beans on the company's vision for its special line of merchandise launched to celebrate its 37th anniversary, its pricing, marketing strategies, and more

Vivek Patni, Director of Wonder Cement, on the current marketing strategies and challenges that brand owners face

Luis Fonsi, Rita Ora, Jain of Makeba fame , Dimitri Vegas, Jason Derulo, Charly Black and Dasu, J Balvin, Parineeti Chopra, Tiger & Jackie Shroff speak exclusively to the radio channel

The Film-Maker, as the host of ‘Calling Karan’, Will Be Just A Phone Call Away From Listeners Seeking Advice On Love & Relationship

The group aims to double its FMCG turnover to Rs. 1,000 crore over four years.