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Zee TV recasts sports rights acquisition arm, drops ideas for sports channel

It's a strategic retreat. Pummelled by the investment community for its wild expansion (its Re 1 face value share has plummetted from Rs 1600 to below Rs 300 in just nine to 10 months), Zee Telefilms Ltd yesterday announced that it was spinning off its sports content provider subsidiary, Buddha...

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Sony says pitching to get India rights for Cricket World Cup

Looks like the common assumption that ESPN Star Sports will be airing the India telecast of next year's Cricket World Cup in South Africa may be proved presumptuous. And Sony Entertainment Television's MAX channel may yet have some cricket worth showcasing.

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