Sony Acquire Ten Sports from Zee

IAS Prelims 2023

Sony Pictures Networks India (SPN) has entered into an agreement to acquire TEN Sports Network from Zee Entertainment Enterprises Ltd. (ZEE) and its subsidiaries for $385 million.

The acquisition will add South Asia’s leading sports network to SPN’s existing portfolio of channels.

The channels being acquired include TEN 1, TEN 1 HD, TEN 2, TEN 3, TEN Golf HD, TEN Cricket and TEN Sports that operate in the Indian sub-continent among other regions such as the Middle East.