Quote:
Originally Posted by Media Boy
Bizasia: ZEE confirms merger talks with Sony.
ZEE Entertainment Enterprises Limited (ZEEL) has confirmed merger talks with Sony Pictures Networks India (SPNI).
The combined entity with a topline valued at Rs. 14,000 based on FY21 results, will see Sony being the majority stakeholder with 52.93% in the merged entity. ZEE Shareholders will take the remaining 47.07% stake.
https://www.bizasialive.com/zee-conf...lks-with-sony/
|
I remember when Zee started they decided to merge with the existing company 'TV Asia' as they decided that there wasn't enough market share for them both to survive on satellite.
Was TV Asia ever on cable?