Sony Pictures Networks to buy TEN Sports Network
Q. Sony Pictures Networks India has entered into an agreement with ZEE to acquire which Sports network?- Published on 02 Sep 16a. EPSN
b. TEN Sports
c. Zee Sports
d. None of the above
ANSWER: TEN Sports
Sony Pictures Networks India has entered into an agreement to acquire TEN Sports Network from Zee Entertainment Enterprises Ltd and subsidiaries for USD 385 million subject to regulatory approval.
- Acquisition will add South Asia’s leading sports network to SPN’s portfolio of channels
- TEN Sports holds cricket rights in South Africa, Pakistan, Sri Lanka, West Indies and Zimbabwe
- Holding rights for major wrestling, football, tennis, gold, athletics and motor and cycling including Tour De France, it will diversify SPN’s interests
- Sony Entertainment Television and SAB TV are the main brands of SPNI although it owns many other brands and companies under the umbrella Sony brand.
- On 3 November 2015, MSM was renamed Sony Pictures Networks India Private Limited after 21 years.