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Sony, ZEEL deal scrapped over valuation differences: report

Discussion between Japan’s Sony Corporation buying 20 to 25 per cent stake in the Subhash Chandra-led Zee Entertainment Enterprises Ltd (ZEEL) has been scrapped due to valuation differences, according to a report by Economic Times.

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Star, Sony lead India’s 62% share in regional APAC pay channel revenue in 2018

Media Partners Asia (MPA) has found that India accounted for 62 per cent of regional Asia Pacific pay channel revenues in 2018, led by Star India (now owned by Disney) and Sony.

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Tata Sky launches new set of regional packs

DTH provider, Tata Sky, has now launched another set of regional channel packs - Tata Sky Smart Packs after unveiling a unique Flexi Annual Plan. The new list of smart plans includes 10 Indian languages that starts at Rs 206 per month.

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ZEEL likely to sell 20% to Sony Corp

Japanese multinational conglomerate Sony Corp is in advanced talks with Subhash Chandra-promoted Zee Entertainment Enterprises Ltd (ZEEL) to buy a stake in the firm. As the company has been struggling to raise funds to pay huge debt, Chandra is looking to sell 20-25 per cent stake.

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