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Nita Ambani, chairperson of the proposed Star India-Viacom18 merged entity, enters the glitzy world of media as a formidable contender, associated with IPL franchise Mumbai Indians, grassroots sports development, International Olympic Committee, and East India Hotels board. Ready to clash with Sony, Netflix, and Amazon s Prime Video. ....
Nita Ambani, chairperson of the proposed Star India-Viacom18 merged entity, enters the glitzy world of media as a formidable contender, associated with IPL franchise Mumbai Indians, grassroots sports development, International Olympic Committee, and East India Hotels board. Ready to clash with Sony, Netflix, and Amazon s Prime Video. ....
Subhash Chandra, chairman emeritus of Zee Entertainment Enterprises, has alleged that Sony intentionally prevented a merger despite the Zee promoters offer — during extended negotiations — to have Punit Goenka step aside from the chief executives post. ....
Punit Goenka and the family collectively decided he should step aside, and the merger should proceed because it was beneficial for Zee. This decision was communicated to Sony. It wasn t acceptable to Sony. I believe this was Sony s strategy all along: To engage with Zee and eventually withdraw, portraying Zee as vulnerable. I intend to convey this perspective to the Zee board as well, says Subhash Chandra, chairman emeritus of Zee Entertainment Enterprises. ....
"In India, due to the government s management of infrastructure, we ll quickly understand consumer behaviours that took other countries decades to grasp. This positions us to rapidly grow the consumer credit segment of the Indian economy." ....