US cable major Comcast, which owns NBC Universal, Atairos, a $4-billion investment company led by former Comcast CFO Michael Angelakis, and Sony Corp have been shortlisted for talks that could lead to the purchase of a...
Zee Entertainment promoters may sell up to 25% stake to a strategic partner
The promoters of Zee Entertainment Enterprises (ZEEL) are considering selling up to a 25 per cent stake to a strategic partner, according to informed sources. As part of an earlier plan, Chairman Subhash Chandra and his...
Essel Group may divest up to 50% of promoter share in Zee Entertainment
Subhash Chandra, a pioneer in satellite broadcasting in India, is likely to divest a chunk of his stake in Zee Entertainment Enterprises (ZEEL), India’s first home-grown private broadcast network. The Essel Group, which...
ZEE Entertainment acquires US patent for a new digital technology
The entertainment arm of the Subhash-Chandra-led Essel Group has secured a US patent for a digital technology that offers immersive content, capable of satisfying all five senses. On Monday, Zee...
Essel Corporate to acquire 1.15% stake in Zee Entertainment for Rs 6.1 bn
Essel Corporate LLP plans to acquire 11 million shares, or 1.15 per cent stake, of Zee Entertainment Enterprises (ZEEL) from another promoter group entity at an estimated price of over Rs 6.1 billion. Essel Corporate...
ZEE Entertainment completes sale of TEN Sports to Sony
Zee Entertainment Enterprise (ZEEL) today said it has completed two-step sale of its sport business, TEN Sports Network, to Sony Pictures and received USD 36.32 million (about Rs 232 crore) in the second phase. In...
Zee Entertainment completes acquisition of India Webportal
Zee Entertainment Enterprises LtdBSE -1.46 % (ZEEL) today said it has completed acquisition of balance 49 per cent equity stake in its subsidiary India Webportal. Last month, ZEEL had announced it will acquire balance...
Zee completes 1st phase of sale of TEN sports to Sony Pictures
Zee EntertainmentBSE -0.25 % Enterprise (ZEEL) today said it has completed the first phase of a two -phase sale of its sport business, TEN Sports Network, to Sony Pictures and received USD 330 million (about Rs 2,200...
February 2017
Issue Description News You Can Use: Budget 2017: Will Demergers go the Dinosaurs Way? Acquisition: Mahindra & Mahindra Bets big on agri-equipment market Cover Article: Zeel Expands Universe of General Entertainment...
Essel Group on acquisition spree
The over Rs 22,500 crore Essel Group is one of the most prominent business houses in the country with a diverse portfolio of assets in media, packaging, entertainment, technology-enabled services, infrastructure...
Why Zee’s radio buy makes sense
Zee has been third time lucky with radio. It failed in its first two attempts to get into the FM radio business in India. However, last week, the radio opportunity knocked in the form of Anil Ambani’s Reliance Group...
ZEE announces acquisition of Anil Ambani’s TV, radio business
MUMBAI: After months of speculations and on-again-off-again talks, Anil Ambani-owned Reliance CapitalBSE -2.25 % and Subhash Chandra-owned Zee Group have finally announced the deal wherein the latter will take over the...