Zee re-appoints Punit Goenka as MD & CEO for 5 years

[Sankalp]

Sony should take over zee

 

[Lurie]

I wish Comcast, Fox Corporation or Warner Bros Discovery takes over ZEEL than Sony or anyone else

Adani group is another option. They are currently looking to expand their media foothold.

 

[daydreamer18]

I really wants to know why they have to sell zee ?

 

[Raju lal]

Is it true ?

Rumours.

There was some news that a CEO known for his Midas touch is planning to take over the control of a large media company with the help of a venture firm.

Yes. The news circulated many months ago, where the time no indications he exit Star.

I wish Comcast, Fox Corporation or Warner Bros Discovery takes over ZEEL than Sony or anyone else

I don't think any foreign company dare to invest big in Indian television industry. With Disney's (who is the wealthiest & broadest of all) back out, others become more regressive.
All American media conglomerates are in recession so that they are cutting out investments especially in conventional entertainment business (TV). WBD is in heavy struggle looking for a merger with Paramount. Fox already offloaded its biggest asset in India, So a sudden comeback is impossible. Paramount left Viacom 18. Only Comcast is there. Don't know what will be their strategy.

 

[daydreamer18]

Rumours.

Yes. The news circulated many months ago, where the time no indications he exit Star.

I don't think any foreign company dare to invest big in Indian television industry. With Disney's (who is the wealthiest & broadest of all) back out, others become more regressive.
All American media conglomerates are in recession so that they are cutting out investments especially in conventional entertainment business (TV). WBD is in heavy struggle looking for a merger with Paramount. Fox already offloaded its biggest asset in India, So a sudden comeback is impossible. Paramount left Viacom 18. Only Comcast is there. Don't know what will be their strategy.

Their is any chance to sun network and zee merge

 

[Joel.G]

Their is any chance to sun network and zee merge

Difficult because the combined market share of Sun and Zee in Tamil , Telugu and Kannada markets will be more than 50%

 

[Sankalp]

Difficult because the combined market share of Sun and Zee in Tamil , Telugu and Kannada markets will be more than 50%

There should be Sony merge with Zee or Sun

 

[Ashok Varma]

There should be Sony merge with Zee or Sun

Zee and Sun are family controlled businesses, Sony merger/acquisition with Paramount was also not succeeded in USA

 

[Sankalp]

Zee and Sun are family controlled businesses, Sony merger/acquisition with Paramount was also not succeeded in USA

Sony backout from paramount

 

[StoriesWithPK]

Rumours.

Yes. The news circulated many months ago, where the time no indications he exit Star.

I don't think any foreign company dare to invest big in Indian television industry. With Disney's (who is the wealthiest & broadest of all) back out, others become more regressive.
All American media conglomerates are in recession so that they are cutting out investments especially in conventional entertainment business (TV). WBD is in heavy struggle looking for a merger with Paramount. Fox already offloaded its biggest asset in India, So a sudden comeback is impossible. Paramount left Viacom 18. Only Comcast is there. Don't know what will be their strategy.

Comcast just offloaded some of their Cable Channels into a separate company.

Why would they acquire a dying company like Zee in India?

WBD has $3.2 Billion cash on hand. They have $40 Billion in debt but they're in no means struggling. They don't have any high interest loans that needs to be paid in the next few years.