Breaking Disney Star and Viacom18 signs non binding merger agreement

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bestmediainfo.com

Disney Star likely to call off ICC television rights deal with Zee: Best Media Info

Best Media Info: As the ICC rights cycle kicks off in two weeks, Disney Star will have to telecast the tournament on Star Sports channels due to delays in the Sony-Zee merger| Television News
bestmediainfo.com bestmediainfo.com

The payment which Disney Star has to make to BCCI against IPL rights is already a sticky point in finalising its merger deal with Viacom18.
 
Star may go to court against ZEE as the valuation of Star will drop while merger with Viacom.
 
L3G3ND said:
What are you even trying to say? Please elaborate
Click to expand...
Star and zee signed deal of icc media tv rights wherein zee agreed to pay 1.5 $.
But till now zee hasnt given bank guarente for the amount.

So on this basis star can drag zee to court based on contract break.
 
L3G3ND said:
What are you even trying to say? Please elaborate
Click to expand...
As ZEE is backing out with the bank agreements Star had already pledged to the rights. This will hurt Star as now the valuation which was close to 8-10 Billion will now may need to reduce with the merger deal with Viacom. So they make take ZEE to the court to honour the obligations or pay penalties.
 
avipersistent said:
As ZEE is backing out with the bank agreements Star had already pledged to the rights. This will hurt Star as now the valuation which was close to 8-10 Billion will now may need to reduce with the merger deal with Viacom. So they make take ZEE to the court to honour the obligations or pay penalties.
Click to expand...
Disney Star was irresponsible to bid $3 Billion for ICC media rights.

Hope they suffer the valuation degradation. They're going to lose huge money over these rights.
 
RIL and Disney appoints law firms and starts antitrust due diligence for their planned merger/JV
economictimes.indiatimes.com

Reliance, Disney start antitrust diligence on India media merger

Indian billionaire Mukesh Ambani's Reliance Industries and Walt Disney have appointed law firms and started antitrust due diligence for their planned Indian media and entertainment merger. Reliance has appointed Khaitan & Co and Shardul Amarchand Mangaldas, while Disney has hired AZB & Partners...
economictimes.indiatimes.com economictimes.indiatimes.com
 
Lol already thread reached 5 pages without any official confirmation statement from involved parties on Merger/JV.
 
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