Discussion Mukesh Ambani is in talks to sell his news media assets to India’s Times Group

[Raju lal]

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.

I think Zee will be in the hands of a foreign company after some years.

 

[Ashok Varma]

I think Zee will be in the hands of a foreign company after some years.

Now only, Major share holders in ZEE were international financial investors. Promoters have 5% shares only as of now.

 

[iphifi]

https://twitter.com/x/status/1200641764819734529

Source

Reliance denies reports on selling news business to Times Group

 

[iDJ]

https://twitter.com/x/status/1200641764819734529

Source

Reliance denies reports on selling news business to Times Group

How come second paragraph condracticts the first?

 

[iphifi]

How come second paragraph condracticts the first?

Sustainable does not mean expansive/large. I said the same in my earlier post in this thread. It's fake news.

 

[Aksgr]

How come second paragraph condracticts the first?

Ya second paragraph says if so we will go and buy.
One they may be hiding talks. Or they may be asking N18 to opt them first

 

[iDJ]

Sustainable does not mean expansive/large. I said the same in my earlier post in this thread. It's fake news.

We will explore all strategic options at the present.

 

[iphifi]

We will explore all strategic options at the present.

Ofcourse in business negotiations are always open, but in this case even Reliance has denied that they are selling. Anyway good for India that its richest man is still investing in news business.

 

[Abhishek.S]

Sustainable does not mean expansive/large. I said the same in my earlier post in this thread. It's fake news.

Sustainable also does not mean they will not expand or buy..
As they have already said they will explore all strategic option as they present

 

[iphifi]

Sustainable also does not mean they will not expand or buy..
As they have already said they will explore all strategic option as they present

Both Reliance and Times group has denied. Sustainable mean profitable and if expansion is not profitable then they will not proceed. But no harm in exploring any new offers as they come.