Breaking Sony is in talks to buy a stake in Network18

[Basil]

https://twitter.com/x/status/1200115959551315970

Source

 

[vinit]

https://twitter.com/x/status/1200115959551315970

Source

It means JV between Sony(51%) and Viacom 18 network(49%)

https://imgur.com/ZU10PfU

Source

 

[Aksgr]

It means JV between Sony(51%) and Viacom 18 network(49%)

How do you know the shares.

 

[Lurie]

Something got materialized finally for sony, after failing to acquire maa TV, and Zee network. If this is finalized, Sony will control the whole of SPN while having 51 percent of in viacom18

 

[Aksgr]

Something got materialized finally for sony, after failing to acquire maa TV, and Zee network. If this is finalized, Sony will control the whole of SPN while having 51 percent of in viacom18

How can Sony control 51% stake in viacom18. I don't understand.
Network 18 controls it. Also SPN is going for JV with Network 18. Not a merger

 

[vinit]

How do you know the shares.

https://imgur.com/ZU10PfU

Source

Here it

Sony, RIL’s TV18 may form joint venture for entertainment business

 

[Aksgr]

Summary
1. SPN to enter JV with network 18 buying 51% stake in Network 18.
2. SPN CEO coming to India to on Dec 9th
3. SPN was in all interest to get major stakes of Viacom 18.
4. SPN to own 26% share on viacom18
5. Major company Sony Network 18 to own 63 channel and 4 movie studios and 2 OTT.
6. Sony Network jumps to top 2 networks with significant 18% market share of India.

 

[Rajpatil98]

Source-: Business standard newspaper

 

[Ashok Varma]

I think finally this JV will acquire Zee and Jio have all tv access exclusive with Hotstar

 

[vinit]

Source-: Business standard newspaper

It was 25th November News paper Front page
BS ADFREE 25.11.2019.pdf