zee sony merger: Zee to review its entire business portfolio after Sony calls off merger plans

Zee Entertainment Enterprises plans to review its entire business portfolio following the collapse of a merger with Sony Group Corporation’s India units. The exercise is aimed at identifying businesses that generate maximum value and those that need to be focused on, Punit Goenka, managing director and chief executive, Zee, said during an analysts’ call on …

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disney star: Disney Star posts $444m operating loss from India sports business

While ESPN is renowned globally for being Walt Disney’s cash cow, the American media conglomerate’s sports business in India continues to be a loss-making proposition. According to Walt Disney’s current report filed on October 18, Disney Star’s sports business reported an operating loss of $444 million for the nine-month period ending July 1. The Walt …

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Building blocks in place, Viacom18 will hope to build profitable sports business: Anil Jayaraj, CEO

Viacom18 aims to build a profitable sports business, having committed investments of over ₹34,000 crore for properties like Indian Premier League (IPL) digital rights, India bilateral cricket matches, Women’s Premier League, Indian Super League, and 2024 Summer Olympics, said Viacom18 Sports CEO Anil Jayaraj, in an exclusive interview to ET. The company recently bagged the …

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