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
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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.