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MUMBAI:
Ten Sports has moved to the Zee-Turner bouquet after the expiry
of its three-year contract with Sony Entertainment Television
(Set) India.
Zee
Group has entered into a three-year contract and will be paying
around Rs 3.2 billion as minimum guarantee, a source familiar
with the negotiations says. This is higher than Sony's payout
of Rs 2.40 billion for a similar period.
Incidentally,
Zee has 50 per cent stake in Ten Sports, acquiring it in 2006
for $57.15 million.
"Ten
Sports has left the One Alliance and become part of the Zee-Turner
bouquet from 1 April. The channel's existing contracts are
moving into Zee-Turner. Later Ten Sports will form a bouquet
along with Zee Sports and a few other channels," the
source adds.
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