Sony eyes Zee stake
January 25, 2019
Sony is in talks to buy a stake in Zee Entertainment, including potentially a controlling stake, according to India’s CNBC-TV18.
The Japanese conglomerate already has a strong broadcast presence in India and has been looking to expand in the country.
The move comes after Sony gave up on a bid for 21st Century Fox.
Zee has a TV presence across 117 countries. Comcast, Tencent and Amazon are also also touted as being interested in acquiring a stake.
Other posts by :
- Safran Space links laser direct to satellite
- SpaceX fearful of AST SpaceMobile’s potential?
- Equatys wants 2,800 new satellites
- FCC eyes freeing up Weird Space Stuff spectrum
- SES happy with releasing 160MHz of spectrum for 5G
- Inmarsat “likely to win appeal” over Ligado/AST action
- FCC seeks fair play over foreign satellite access
- Bank raises RocketLab target price
