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Manappuram Minnalai Television Awards Honours Television Excellence

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The 22nd Manappuram Minnalai Television Awards celebrated the remarkable achievements of television artists who have captivated audiences with their exceptional performances and dedication to the entertainment industry. The prestigious ceremony was held on August 9, 2026, at Le Méridien Kochi, honoring personalities whose talent and commitment have significantly enriched the world of television. Dr. Ajit Ravi, Founder and Chairman of Pegasus Global Pvt Ltd, and Managing Director Jebitha Ajit jointly presented the awards to the winners at the grand ceremony.

Nithin Jake Joseph was honored with the Best Serial Hero Award for his outstanding contribution to television, while Haritha G. Nair received the Best Serial Heroine Award in recognition of her exceptional performances. Arathy Sojan was presented with the Anti-Heroine Excellence Award, acknowledging her remarkable portrayal of challenging and memorable characters on screen.

The Minnalai Television Awards continue to recognize and celebrate extraordinary talents who have left a lasting impact on the television industry. The 22nd edition of the awards once again highlighted the dedication, hard work, and artistic excellence of performers who continue to entertain audiences and elevate the standards of television entertainment.

Pic Courtesy: Pegasus Photography/ images are subject to copyright

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EU Approves Paramount-Warner Bros Merger

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The European Commission has approved the proposed $110 billion merger between Paramount Skydance and Warner Bros Discovery after Paramount agreed to end its European film distribution partnership with Universal Pictures. Regulators said the move addresses concerns that the combined company could gain excessive control over cinema distribution across Europe.

Despite securing approval in Europe, the merger remains on hold in the United States. A coalition of 12 US states has filed a lawsuit seeking to block the deal, arguing it could harm movie theatres, cable distributors, and consumers. A federal judge has temporarily paused the takeover while the legal challenge is reviewed.

If the merger is not completed by September 30, Paramount could face daily financial penalties under the agreement. The deal has also drawn opposition from the Writers Guild of America, which says it could reduce opportunities and wages for writers. Meanwhile, UK regulators are continuing to assess the merger’s potential impact on local media and competition.

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Universal Music Rejects Bill Ackman’s $64 Billion Takeover Bid

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Universal Music Group has rejected a $64.3 billion takeover proposal from billionaire investor Bill Ackman’s firm, Pershing Square, stating that the offer significantly undervalues the company. Universal’s board said the bid was not in the best interests of shareholders, artists, employees, fans, or other stakeholders, reaffirming confidence in the company’s long-term growth strategy.

Pershing Square, which already owns a stake in Universal, launched the bid in April with plans to relist the music giant in the United States. Ackman argued that Universal’s share price had underperformed due to factors unrelated to its core music business, including ownership structure concerns and delays in pursuing a New York stock market listing. However, major shareholder Bolloré Group had also opposed the proposal, claiming it did not reflect the company’s true value.

Universal, home to some of the world’s biggest artists and music labels, said it remains focused on expanding its leadership in the global music industry through innovation, artist development, and stronger fan engagement. The company also pledged to provide more detailed financial disclosures in the future, while continuing to navigate industry challenges such as royalty debates and the growing impact of AI-generated deepfake music.

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