DTH updates Disney planning to pull out stake from Tata Sky

[Raju lal]

Update: Tata Sky plans IPO

Tata sky is planning to go public by March 2022 to pave way for Disney's exit. Tata sky is preparing draft prospectus to be filed with SEBI by this September.

Source: moneycontrol.com

Fox tried their Indian entity grow out of television. But Disney is putting break on that. Including Fox Star Studios and UTV which they earlier bought.

 

[A4Akash]

Update: Tata Sky plans IPO

Tata sky is planning to go public by March 2022 to pave way for Disney's exit. Tata sky is preparing draft prospectus to be filed with SEBI by this September.

Source: moneycontrol.com

Tata Sky, the satellite television business of the Tata group, will soon file draft share sale documents with the markets regulator for an initial public offering (IPO) by the end o March, two people aware of the development said.

Tata Sky gears up for listing in FY22

Tata Sky started operations in 2004 as an 80:20 joint venture between Tata Sons and Network Digital Distribution Services FZ-LLC, an entity owned by Rupert Murdoch’s 21st Century Fox.

www.hindustantimes.com