Breaking ZEEL and Sony merger approved by ZEEL board; definitive agreements signed

[JollyLNB]

A70-year-old Indian media magnate was about to lose his crown jewel to a campaign by a U.S. fund manager. But within a week, a Japanese conglomerate, itself a defiant survivor of several challenges by foreign activists, came to Subhash Chandra’s rescue. Asian family values triumphed over American-style corporate governance? Not really. Everybody won — the Indians, the Americans, and, of course, the Japanese.

How media mogul Subhash Chandra managed to beat a US activist fund & hold on to Zee

Sony is merging with Zee. It will control the larger empire & infuse an additional $1.4 bn of cash into it. But the combined entity will be presided over by Punit Goenka, Chandra’s son.

theprint.in

 

[RdX]

This ambani everything he wants! Aree atleast leave IPL with Star Network i watch only IPL from Star Sports .

Don't worry Ambani will bid IPL India Broadcasting, Star and Sony will go for Global Rights bid, now I hope you know that who will going to acquire IPL media rights

 

[Andy capturer]

I think because of this merger Saina premiered on Zee Cinema instead of Sony Max

The 1st poster showed Sony in it .but it premiered on Zee.i think Sony bought Tv rights ,but Zee gave much more..so they went with zee..same happen with SOTY2 nd why cheat india also

 

[Aksgr]

Bro! Listen, I'm Serious

Ambani Wants IPL Rights, He Wants Means He Will Get It

Along With This Either BCCI Rights Or ICC Rights He Is Eying!

They Had Started Ground Work For The Same.

This is what will happen. They will not launch a sports channel without confidence. And without preparation they wouldn't have dropped Sony merge. Clearly ambani wants to be media gaint.

 

[Adithya Singh]

 

[Andy capturer]

Why no one is talking about negitive side of movies..movies would be drastically cut down..Sony has Sony pictures india which distributes movies in theatres..they made movies like Soorma, chalk n duster, Piku,bombariya nd Azhar..nd Zee has Zee studios (not to confuse with Zee studio English movie channel ) ..thry distributed gully boy,Radhe..this merger will stop more movies being produced for theatres..they might close 1studio..just like how Disney stopped producing many Fox movies under production

 

[Lurie]

Why no one is talking about negitive side of movies..movies would be drastically cut down..Sony has Sony pictures india which distributes movies in theatres..they made movies like Soorma, chalk n duster, Piku,bombariya nd Azhar..nd Zee has Zee studios (not to confuse with Zee studio English movie channel ) ..thry distributed gully boy,Radhe..this merger will stop more movies being produced for theatres..they might close 1studio..just like how Disney stopped producing many Fox movies under production

That won't be the case. These production houses work on their own, similar to the USA where Sony has many production companies.

 

[Aksgr]

So what will be the impact of merge ?

If approved the new company will be the largest media house in South Asia and will enter the top 10 list of international media gaints.
With over 70+ channels and presence in 190+ countries,And presence in both production and distribution as well as music will create the atmosphere of being largest content power house.

In future we may see shutdown of one of their service of zee 5 and launch of a global service by Sony to cater Indian and international audience the same way discovery did.

In India there won't be overlap of networks although Zee CEO claims to look for revenue rather than consolidation or profit. It will eventually turn towards it. Like wise of Disney shutting down non essential business and channels.

Sony having the power of vote will definitely bring major changes in management and views . This will include look towards profit making rather than acquisition.

 

[Sushruth.V.H.]

SONY PICTURES NETWORKS INDIA SIGNS EXCLUSIVE NON-BINDING TERM SHEET WITH ZEE ENTERTAINMENT

Sony Pictures Networks India (SPNI) and Zee Entertainment Enterprises Ltd. (ZEEL) today announced that they have entered into an exclusive, non-binding Term Sheet to combine both companies’ linear networks, digital assets, production operations and program libraries. The non-binding Term Sheet...

sonypicturesnetworks.com

 

[Ashok Varma]

Bro! Listen, I'm Serious

Ambani Wants IPL Rights, He Wants Means He Will Get It

Along With This Either BCCI Rights Or ICC Rights He Is Eying!

They Had Started Ground Work For The Same.

Sony-Zee combine may go with Amazon Prime (digital) for IPL rights

The Sony-Zee game plan for Indian Premier League

The entity may also tie up with Amazon Prime Video to make a bid that will split the digital and broadcast rights among the partners

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