Multiple bidders in the fray to buy stake Zee Entertainment

[SarFa]

 

[Raju lal]

Even if Sony buys stakes in Zee it may not give Sony an ownership or major control over Zee. Subash Chandra want some money to escape from present crisis and future expansion of the company. So that they are hiring for a wealthy company. Any company comes forward will give them money back up.As earlier Subash Chandra leads Zee and returns profit to Sony. SET india continues as a Sony Corp company.Also I can't imagine if N P Singh leads Zee

 

[Poplu]

Its sad news for sure. We dun want Zee Network to go down. They might keep majority stake with them,but still giving a big chunk to networks like Sony is not good in long run for its Brand.

 

[rishuboy]

Even if Sony buys stakes in Zee it may not give Sony an ownership or major control over Zee. Subash Chandra want some money to escape from present crisis and future expansion of the company. So that they are hiring for a wealthy company. Any company comes forward will give them money back up.As earlier Subash Chandra leads Zee and returns profit to Sony. SET india continues as a Sony Corp company.Also I can't imagine if N P Singh leads Zee

Lol NP Singh is a disaster and Zee would remain free off his tentacles. Yes, you're right- zee will function as an independent company and subash Chandra and co will be the decision makers.

 

[rishuboy]

Subash Chandra was saying that he desires to convert zee to a tech cum entertainment company and that could be possible by partnering with Sony. It will be a symbiotic step.

 

[abhishek]

What if AT&T (biggest competitor of Comcast) enters.

 

[Raju lal]

Subash Chandra was saying that he desires to convert zee to a tech cum entertainment company and that could be possible by partnering with Sony. It will be a symbiotic step.

But here we know that how foremost is SET India in technology. Even it is fully owned subsidiary of Sony Corp but I can find any excellency showed by SET in technology. Just go through their sports channel logos.Do its doubtful that Sony could help Zee in that terms.

What if AT&T (biggest competitor of Comcast) enters.

AT&T also a good partner to Zee. How Disney fox acquisition mutually beneficial to Disney india and Star, like wise it is beneficial to both AT&T and Zee. Turner is strong in Hollywood ,They had HBO and CN, pogo in kids where Zee is minor here. Similarly Zee is strong in regional entertainment where AT&T lacks.

 

[SarFa]

Multi-faceted business conglomerate Essel Group has said that its management has successfully arrived at an understanding with lenders which are having a pledge on shares held by the promoters.

Essel Group arrives at an understanding with lenders on servicing debt - TelevisionPost: Latest News, India’s Television, Cable, DTH, TRAI

 

[vinit]

Jio may join race to pick stake in Subhash Chandra's Zee Entertainment.


Mukesh Ambani-led Reliance Jio is likely to enter the fray to buy half of promoter Subhash Chandra’s stake in Zee Entertainment Enterprises (ZEEL) said sources, pitting it against international names such as Amazon, Apple, Tencent, and Alibaba, who are interested as well. Some of the other names doing the rounds include AT&T, Singtel, Comcast, and Sony Pictures.
Jio may join race to pick stake in Subhash Chandra's Zee Entertainment

 

[abhishek]

Apple is interested. Wow.
But if jio will buy it then the company will remain Indian.