Latest in Shibasish Sarkar

International Media Acquisition Corp, the special purpose acquisitions company launched last year by Indian media mogul Shibasish Sarkar, is acquiring Risee Entertainment and Reliance Entertainment Studios. The deal for the two companies will total $102 million in cash and $38M in investment, and…

Special purpose acquisition companies—known as SPACs—have been all the rage in the world of investment for the last two years, and they've made a mark in the media space, but is the trend slowing down? Known as 'blank check companies', SPACs are publicly traded investment vehicles that raise capital solely to acquire…

EXCLUSIVE: It has been a busy year for Shibasish Sarkar, one of the biggest names in the Indian media landscape, and 2022 is set to be even more significant. Known for his lengthy stint at Reliance Entertainment, most recently as CEO, Sarkar is now spearheading International Media Acquisition Corp [IMAC], a SPAC…

International Media Acquisition Corp (IMAC), the SPAC being spearheaded by Shibasish Sarkar, CEO of Indian major Reliance Entertainment, has set an initial $200M public offering. The SPAC has backing from high-profile Indian entertainment figures and several leading media companies in the country. It is aiming to…