- 2 Jun 2018
- Reaction score
I think Zee will be in the hands of a foreign company after some years.Another disaster in India mediasphere. I am 100% sure that Times group cannot absorb the entire loss making regional and national news network of TV18. If they do then I am sure they will also collapse. If Times group was interested in shopping for regional news channels they would have done it long back. Basically we are entering consolidation phase. All money spending and loss making big companies are joining together to create mega corporation. Rest will collapse. Remember nobody bailed out Anil's RCOM. Now even Mukesh doesn't want to bail out his own pet company and is asking smaller moneybags to do dirty work. Zee is now mainly controlled by foreign investors. Viacom, Sony and Disney controls the rest. Only news business is remaining in Indian hand. Prepare for heavy job losses when they all retreat. If Times wants to keep profitability intact they should dodge this googly.