The current valuation at over $4.5 billion is significantly below Disney’s initial expectation of $10 billion.
Author: Aashrey Baliga
Punit Goenka was worried Sony would start a witch hunt against him: Report
Sony was already a little wary of Goenka considering the accusation made on him for financial impropriety by the Securities and Exchange Board of India (SEBI), and Goenka was worried that Sony would start a witch hunt against him once the merger was complete, and they had access to Zee’s library of local entertainment content.
Zee’s $1.4 million dollar ICC TV rights deal with Disney Star falls through
As per the agreement, Disney Star would have licensed the TV broadcasting rights of the International Cricket Council (ICC) Men’s and under-19 global events for a four-year period to Zee. Disney Star would continue to have exclusive digital rights for its digital platform (Disney+ Hotstar). Zee will make staggered annual payments from CY24 onwards.
MIB urges TV channels to provide accessible telecast for differently abled viewers during Republic Day celebrations
MIB has made the Republic Day celebration feed of DD News/DD Bharati available free of cost.
Two-thirds of viewers willingly watch ads if it means receiving free, high-quality content: Amagi report
APAC is the only region that shows a three-digit growth in both analyses (Q3 2022 vs. Q3 2023 and Q4 2022 vs. Q4 2023) across HOV (145 percent in Q3 and 130 percent in Q4) and ad impressions (281 percent in Q3 and 352 percent in Q4).
Saudi Arabia gets its first alcohol store; set to open in Riyadh
Saudi Arabia to introduce its inaugural alcohol store in Riyadh, exclusively to cater to non-Muslim diplomats. This shift comes as part of the Vision 2030 initiative.
Shark Tank India: Why is Zomato’s Deepinder Goyal being called a “soft Ashneer Grover”?
The new Shark Deepinder Goyal of Zomato pointed out the lack of attention to details and grammatical errors during the pitch by WTF fitness, and fans took to social media to praise him.
Rolls-Royce launches its luxury EV Spectre in India at a starting price of Rs. 7.5 crore
The Spectre, which was unveiled at a launch event in South India, attracted attendees with a striking ‘Chartreuse’ (greenish-yellow) colour that added another layer of distinction to its presence.
Advertisers were never too excited about the Zee-Sony merger, say media planners
Advertisers were never too excited about the merger and media buying firms anticipated limited ad revenue boost, say industry executives.
Good Glamm Group’s Priyanka Gill joins Kalaari Capital as Venture Partner
The Good Glamm Group has also appointed Group Co-founder Priyanka Gill to the Board.