Sony, Zee ready to offer concessions to cool CCI merger concerns

A unit of Sony Group and India’s Zee Entertainment have proposed offering concessions such as pricing discounts to help ease concerns of the country’s antitrust regulator over their merger, which will create a $10-billion TV behemoth, two sources told Reuters. The concessions are a bid to iron out antitrust worries of the Competition Commission of […]

Sony-Zee merger may result in ‘unparalleled bargaining power’: CCI

A merger between the Indian unit (Culver Max Entertainment/Sony Pictures Networks India) of Japan’s Sony and Zee Entertainment to create a $10 billion TV enterprise will potentially hurt competition by having “unparalleled bargaining power”, India’s antitrust watchdog found in an initial review, according to an official notice seen by Reuters. The Competition Commission of India (CCI)’s August […]

Zee reentering sports part of content strategy

By Karan Taurani, Elara Capital – Disney Star will license the TV broadcasting rights of the ICC Men’s and Under 19 global events for a period of four years, to ZEE. – Disney Star will continue to be the exclusive home for streaming of all ICC tournaments through its digital platform – Disney+ Hotstar. ICC […]

Zee, Disney Star sign licensing pact for ICC events’ TV rights

In a move that has confounded observers and industry alike, Zee Entertainment Enterprises Ltd. and Disney Star jointly announced Tuesday that they have entered into a strategic licensing agreement on the broadcast of ICC cricket, the rights for which was bagged by Disney Star recently reportedly for $ 3 billion. As per the deal, Disney […]

Zee: Merger with Sony to drive valuation upgrade

By Elara Caps Zee Entertainment (Z IN) reported revenue of INR 18,457mn, up 4 percent YoY, on low base, and down 20.5 percent QoQ, down 8 percent vs pre-COVID levels to INR 18.5bn, in line with our estimates, affected by FTA withdrawal (Zee Anmol) and lower ad spend by brands due to weak macroeconomic conditions. […]

Zee5 to premiere ‘Rashtra Kavach Om’

Zee5, India and Bharat’s largest home-grown video streaming platform and multilingual storyteller, has announced the digital premiere league of the action-packed patriotic movie ‘Rashtra Kavach Om’ on August 11. Starring Aditya Roy Kapur, Sanjana Sanghi, and Jackie Shroff. The movie revolves around an important mission of getting the ‘Rashtra Kavach’ back in safe hands and […]