Multiple bidders in the fray to buy stake Zee Entertainment

[SarFa]

Isn't Zee a very successful network ? Why are they forced to go for this?

To have less expenses n to get more profit

 

[Sarkar]

Isn't Zee a very successful network ? Why are they forced to go for this?

You connot be successful unless you have cricket right and BCCI will make sure they cannot get it

 

[JollyLNB]

You connot be successful unless you have cricket right and BCCI will make sure they cannot get it

Nonsense. Zee, Sony and Sun are all very successful. It's only that the Star power is overshadowing them all.

 

[Sarkar]

Nonsense. Zee, Sony and Sun are all very successful. It's only that the Star power is overshadowing them all.

It's common sense, if successful they would not think of selling stake, instead they would make that business even bigger tan earlier. So no cricket right is hurting Zee

 

[JollyLNB]

@Sarkar, your meaning of 'successful' is very different from the dictionary meaning. You think being successsful means dominating the entertainment and sports sector, and Star has done that. But what 'successful' actually means is the achievement of having stayed for a long time in the industry and influening millions of people, and the ability to sustain yourself in the industry for a long time in the foreseeable future. Zee, Sony and the others have all done that, though perhaps not to the degree of Star. They are all sizeable networks with a number of channels watched by crores of people.

 

[DreamFan]

Then what will be in future?

Zee TV = Sony Zee
Zee Cinema = Sony Cinema
Zee Bangla = Sony Bangla
Zee Anmol = Sony Anmol

Or....

Sony = Zee Sony
Sony Max = Zee Max
Sony Pix = Zee Pix
Sony Ten = Zee Ten

 

[Sarkar]

@Sarkar, your meaning of 'successful' is very different from the dictionary meaning. You think being successsful means dominating the entertainment and sports sector, and Star has done that. But what 'successful' actually means is the achievement of having stayed for a long time in the industry and influening millions of people, and the ability to sustain yourself in the industry for a long time in the foreseeable future. Zee, Sony and the others have all done that.

I know my English knowledge sucks . You are correct

 

[JollyLNB]

Then what will be in future?

Zee TV = Sony Zee
Zee Cinema = Sony Cinema
Zee Bangla = Sony Bangla
Zee Anmol = Sony Anmol

Or....

Sony = Zee Sony
Sony Max = Zee Max
Sony Pix = Zee Pix
Sony Ten = Zee Ten

It won't happen, just like Star Maa won't become Disney Maa after the merger. And anyway this merger will be blocked by the CCI. Vodafone and Idea could merge because there were mutual benefits in coming together, but what applies to telecom doesn't apply to TV networks. Today Disney in India is very small while Star is a mammoth, so Disney benefits tremendously after the merger. But Sony and Zee are both huge.

 

[iqbal008]

It won't happen, just like Star Maa won't become Disney Maa after the merger.

Off topic - hilarious to read the above statement.

 

[rishuboy]

It's not about being successful. Even without sport, zee is successful. Actually, sport isn't a profit making buisness because acquisition costs have gone high. Secondly, zee is interested in making it a tech- entertainment company like how Sony is, which is making zee to sell it's stakes. But the authority to take decision will be with zee and it's CEO will remain the chairman of board of directors. So anything like name change is really a puerile thought and an outcome of not understanding corporate buisness structure. It's actually a gain for zee, if more stakes aren't sold. And zee media, dish tv will not be a part of this deal.