Breaking Sony is in talks to buy a stake in Network18

[JollyLNB]

Really happy for the news. Let us see how many months it will take for this 'baby' to be officially born. This is an excellent example of cooperation. Sony's strengths are sports and entertainment; Viacom has a strong foothold in English GECs, as well as music, kids and regional. They complement each other beautifully.

I am surprised that Sony is going to hold so much stake. 51–49 would be better.

Interestingly today is the 12th anniversary of Colors.

 

[yashwanth05852]

If this deal happend,will there be any new chnnel launching or rebranding?In fact viacom doesnt have an english movie channel.Both colors infinity and comedy central have great shows.So if they launch an english movie channel maybe we can expect great movies with a large library.

No, already they have sony pix.

 

[rahul_apk]

Sony to own 74% after merger with Viacom 18; ready for duel with Disney-Star

 

[Mithun62]

No, already they have sony pix.

But sony pix doesnt have a good library of films.Maybe there is a chance that paramount films will broadcast on sony pix.

 

[dino29]

Hope now people having doubts on this have finally got confirmation

 

[rahul_apk]

Hope now people having doubts on this have finally got confirmation

Buddy I know u are referring to me

 

[Aksgr]

the rise of new era in indian media:
reliance will be shifting its entertainment sector to sony pic india and thereby showing its exit. reliance is least intrested in content production buissness and this deal will mainly benifit reliance for investment on jio.
sony will only own 74% stakes in viacom18 reliance share with its media total merge with network18. where as tv18 will be untouched including cable and digital news buisness.

 

[SarfaRaZ]

the rise of new era in indian media:
reliance will be shifting its entertainment sector to sony pic india and thereby showing its exit. reliance is least intrested in content production buissness and this deal will mainly benifit reliance for investment on jio.
sony will only own 74% stakes in viacom18 reliance share with its media total merge with network18. where as tv18 will be untouched including cable and digital news buisness.

History Tv18 comes under News channels of Tv 18 correct

 

[Basil]

Sony Corp quarterly results is on 04th August. It may come before that or after that.

 

[Basil]

History Tv18 comes under News channels of Tv 18 correct

It comes under AETN18 a JV between Network18 and A+E Networks.