Paramount Global has reached a binding agreement to sell its stake in Reliance-controlled Indian media house Viacom18 to Reliance for $517 million, both companies said Wednesday.
The deal will increase Reliance’s stake in Viacom18, which operates dozens of TV channels as well as streaming service JioCinema, to 70.49%, Reliance said in its disclosure.
Law firm JSA Associates said late last month that it was advising the two firms for the deal.
The move follows Disney announcing plans to merge its India business with Viacom18 late last month.
Viacom18 also counts Bodhi Tree, an investment firm run by James Murdoch and Uday Shankar, among its backers.
TikTok ban: What’s going on with the proposed bill in Congress Congress could force TikTok to part with its Chinese parent companyTikTok faces an uncertain fate in the U.S. once again.
The bill, which many of its detractors reasonably describe as a “ban,” would force ByteDance to sell TikTok within six months for the app to continue operating here.
The campaign to force ByteDance to sell TikTok to a U.S. company originated with an executive order during the Trump administration.
Trump’s threats against the company culminated in a plan to force TikTok to sell its U.S. operations to Oracle in late 2020.
We may learn more next week if senators begin weighing in on the prospect of creating their own version of the House bill.
In a new SEC filing, Reddit says it’s planning to sell around 22 million shares, priced between $31 to $34, potentially raising around $748 million at the high end of that range.
But the IPO could be volatile given that Reddit will allow its community members to sell their shares immediately, instead of being subject to the usual lock-up agreements that typically prevent investors from selling shares for six months after the IPO.
The move sets up Reddit to become a meme stock — a term coined in reference to the wild GameStop short squeeze of 2021, which was driven by a group of Reddit users on its community r/WallStreetBets.
The users had taken on the hedge funds that had shorted GameStop’s stock by over 100% by working collectively to buy the stock.
By allowing the Reddit community to buy into the IPO, there’s again potential for the stock to be manipulated — this time, possibly in Reddit’s favor — by Redditors’ collective action.
What’s going on with the new bill that could ban TikTok?
Congress wants to force TikTok to part with its Chinese parent companyTikTok faces an uncertain fate in the U.S. once again.
The bill, which many of its detractors reasonably describe as a “ban,” would force ByteDance to sell TikTok within six months in order for the app to continue operating here.
The campaign to force ByteDance to sell TikTok to a U.S. company originated with an executive order during the Trump administration.
We may learn more next week if senators begin weighing in on the prospect of creating their own version of the house bill.
SeatGeek’s latest product release, which it calls “Next Fan Up,” gives sports and music fans access to tools used by venues, organizations, and licensed sellers alike.
The feature gives you three selling options to choose from—sell faster at a lower price, sell slower at a higher price or sell at a more balanced pace and rate.
However, SeatGeek will still recommend the best price in a separate box below.
Regardless, resellers are nowhere near as bad as sleazy scalpers who drastically overprice tickets for desperate fans to cough up their hard-earned cash.
Now fans can quickly list, price and sell their tickets for another fan to enjoy.”
The app, which includes instant cash offers and pickup, promises an easier way to sell your stuff.
That led to TipTop’s first product, TipTop Cash, which makes it easy to sell the items you own.
“TipTop Cash works like a reverse Postmates,” Lehmann explains.
(Due to higher fraud risks, these may not be instant cash offers, however.)
When they no longer needed the phone, they could unload it through TipTop Cash and buy their new one.
From a fan perspective, although there are plenty of ways to follow and connect with artists, these online interactions can be minimal.
Artists will soon also be able to sell new exclusive and limited-edition digital collectibles/NFTs like poster bundles and trading cards.
Medallion is free for artists to use but takes a percentage of all sales on the platform, yet didn’t disclose how much.
Additionally, Medallion is a white-label platform, meaning artists can customize their digital space with their own color theme, background and more.
Artists communicate with fans through social media posts, while fans can reply in the comments.
The traditional role of the real estate agent has long been challenged as the internet has made it easier for people to search for, and tour, homes.
The buyers’ agent commission varies from transaction to transaction depending on what is offered by the seller.
In a scenario where the buyer’s agent commission is 3%, for example, the home buyer would receive up to 1.5% as a rebate and Prevu as a company would retain the other 1.5%.
Buyers receive the commission rebate via check after closing.
Making home buying “more attainable”So besides rebates, what is Prevu doing that’s different from its competitors?
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