Ashok Varma
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Deal closed, no chance for Sony to negotiate with Disney Star now.
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There is a difference in dealing with a professional company and a company runned by words.So Disney/Reliance has succeeded despite Zee/Sony failing. This shows that Disney is desperate to find a local partner for its operations, and Reliance has not caused any problems like Zee did for Sony. This despite the reduced valuation of Star over ICC rights, thanks to the fallout from Zee.
The question is what will happen to Viacom18’s smaller channels and how Zee and Sony will survive against this giant colossus, which is already powerful even before the merger.
Finally Viacom18 with Star rules the broadcasting industry for years, so Sony will sell/write off its assets in India without proper content in future and Zee TV, Sun TV, Etv etc with local political supporters are negligible against this giantSo Disney/Reliance has succeeded despite Zee/Sony failing. This shows that Disney is desperate to find a local partner for its operations, and Reliance has not caused any problems like Zee did for Sony. This despite the reduced valuation of Star over ICC rights, thanks to the fallout from Zee.
The question is what will happen to Viacom18’s smaller channels and how Zee and Sony will survive against this giant colossus, which is already powerful even before the merger.
I think Viacom was waiting for its merger deal final and not launched the hd version of sports 18 2 and 3 as star already has many sports channels with hd feed..So may be sports 18 2 and 3 channels may be closed or star sports first or star sports 3 after both companies gets mergedSo Disney/Reliance has succeeded despite Zee/Sony failing. This shows that Disney is desperate to find a local partner for its operations, and Reliance has not caused any problems like Zee did for Sony. This despite the reduced valuation of Star over ICC rights, thanks to the fallout from Zee.
The question is what will happen to Viacom18’s smaller channels and how Zee and Sony will survive against this giant colossus, which is already powerful even before the merger.
Its over 50%, ie 51% by RIL and 9% BTS, both are partners in Viacom18 network and rest 40% by DisneyHT says it's 50% not 60.
Mukesh Ambani's Reliance set to acquire over 50% stake in Disney India, says report
Mukesh Ambani-led Reliance Industries is all set to acquire over 5- percent stake in Disney India just a few months ahead of the mega-merger.www.hindustantimes.com
Why reason?Viacom-Disney will also not happen like sonyzee