India merger of Sony, Zee to create TV powerhouse challenging Disney
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THU, SEP 23, 2021 - 8:31 PM


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The Sony-Zee alliance, with about 75 news, entertainment, sports and movie channels in more than 10 languages, stands to become India's biggest player, with a market share of 27 per cent outstripping that of Disney's Star India, at 24 per cent.

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Wednesday's plan, to be finalised over 90 days of exclusive talks, will see Sony pump growth capital to the tune of US$1.6 billion into its domestic unit to boost the prospects of the combined firm, while taking a majority stake in Zee.


https://www.businesstimes.com.sg/consume...ing-disney
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