Breaking Sony is in talks to buy a stake in Network18

  • Thread starter GJ mit
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On one side selling stakes of viacom18 and other side buying stakes in zee.....maybe he wants small percentage of stakes in all broadcasters(except disney) so he can get content sharing from all major OTTs to scales up jio
Recently jio also launched jio tv+ which will provide content from various platforms like sony liv,zee5,voot, Netflix etc. under one subscription.
 
Punit Goenka quits from Zee media board of directors :unsure:
So now Reliance Jio Ambani acquiring stake in Zee too:LOL:

Board of directors does not mean that they have to have stake in the entity. They can be independent directors. Bob Iger former CEO of Disney is on board of Apple until they launched AppleTv+ which is a direct competition to Disney+, so resigned.
 
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