Sports broadcasting in India is set for a new era of Big Two as Sony Pictures Networks moves to ink its biggest acquisition deal in the Indian market.
The deal will see Sony swallow the sports broadcasting business of Zee Entertainment Enterprises Ltd (ZEEL), housed under Ten Sports.
ZEEL is expecting the deal size to be about Rs 2,500 crore (Rs 25 billion). It will mark the exit of ZEEL from sports broadcasting, paving the way for Star India and Sony to wrestle for cricket, soccer and...
Era of Big Two in sports broadcasting as Sony is set to swallow ZEEL-owned Ten Sports
The deal will see Sony swallow the sports broadcasting business of Zee Entertainment Enterprises Ltd (ZEEL), housed under Ten Sports.
ZEEL is expecting the deal size to be about Rs 2,500 crore (Rs 25 billion). It will mark the exit of ZEEL from sports broadcasting, paving the way for Star India and Sony to wrestle for cricket, soccer and...
Era of Big Two in sports broadcasting as Sony is set to swallow ZEEL-owned Ten Sports