Business

Dec 7 2017

Sale of sports business, a positive for Zee: The Hindu Business Line – Mobile edition #business #english

#zee business # Zee Entertainment Enterprises has decided to sell its sports business (TEN Sports channels) to Sony Pictures Networks India and its affiliates for $385 million. The sale will help Zee exit its loss-making sports broadcasting business, which contributed ₹631 crore (about 11 per cent) to its consolidated revenue in 2015-16. The sports business incurred a net loss of ₹37 crore, against a profit of ₹1,027 crore from consolidated operations during the year. It was in 2006 that Zee acquired a 50 per cent stake (raised subsequently) each in Taj TV, Mauritius, which owns TEN Sports channels, and in …

Sep 8 2017

Sale of sports business, a positive for Zee: The Hindu Business Line – Mobile edition #home #based #business

#zee business # Zee Entertainment Enterprises has decided to sell its sports business (TEN Sports channels) to Sony Pictures Networks India and its affiliates for $385 million. The sale will help Zee exit its loss-making sports broadcasting business, which contributed ₹631 crore (about 11 per cent) to its consolidated revenue in 2015-16. The sports business incurred a net loss of ₹37 crore, against a profit of ₹1,027 crore from consolidated operations during the year. It was in 2006 that Zee acquired a 50 per cent stake (raised subsequently) each in Taj TV, Mauritius, which owns TEN Sports channels, and in …

Aug 28 2017

Sale of sports business, a positive for Zee: The Hindu Business Line – Mobile edition #profitable #businesses

#zee business # Zee Entertainment Enterprises has decided to sell its sports business (TEN Sports channels) to Sony Pictures Networks India and its affiliates for $385 million. The sale will help Zee exit its loss-making sports broadcasting business, which contributed ₹631 crore (about 11 per cent) to its consolidated revenue in 2015-16. The sports business incurred a net loss of ₹37 crore, against a profit of ₹1,027 crore from consolidated operations during the year. It was in 2006 that Zee acquired a 50 per cent stake (raised subsequently) each in Taj TV, Mauritius, which owns TEN Sports channels, and in …

May 16 2017

Sale of sports business, a positive for Zee: The Hindu Business Line – Mobile edition #car #wash #business

#zee business # Zee Entertainment Enterprises has decided to sell its sports business (TEN Sports channels) to Sony Pictures Networks India and its affiliates for $385 million. The sale will help Zee exit its loss-making sports broadcasting business, which contributed ₹631 crore (about 11 per cent) to its consolidated revenue in 2015-16. The sports business incurred a net loss of ₹37 crore, against a profit of ₹1,027 crore from consolidated operations during the year. It was in 2006 that Zee acquired a 50 per cent stake (raised subsequently) each in Taj TV, Mauritius, which owns TEN Sports channels, and in …

Apr 5 2017

Sale of sports business, a positive for Zee: The Hindu Business Line – Mobile edition #business #loans #for #women

#zee business # Zee Entertainment Enterprises has decided to sell its sports business (TEN Sports channels) to Sony Pictures Networks India and its affiliates for $385 million. The sale will help Zee exit its loss-making sports broadcasting business, which contributed ₹631 crore (about 11 per cent) to its consolidated revenue in 2015-16. The sports business incurred a net loss of ₹37 crore, against a profit of ₹1,027 crore from consolidated operations during the year. It was in 2006 that Zee acquired a 50 per cent stake (raised subsequently) each in Taj TV, Mauritius, which owns TEN Sports channels, and in …