Sony Pictures Networks India’s acquisition of the Ten Sports channels is likely to restrict the Indian media-rights market and make life difficult for rights-holders below the top tier.
Media group Sony Pictures Networks India has today (Wednesday) entered into a definitive agreement to acquire the Ten Sports arm of pay-television operator Zee Entertainment Enterprises in a deal valued at $385m (€340.4m).
Indian pay-television operator Zee Entertainment Enterprises has said it is in advanced talks for the sale of its Ten Sports operation.
The Board of Control for Cricket in India has informed current Indian Premier League rights-holder, Sony Pictures Networks India, that it must compete with other parties in a bidding process for the next set of rights to the Twenty20 competition, according to the Press Trust of India news agency.
YuppTV, an over-the-top service that specialises in providing South Asian content to viewers in North America and the Caribbean, has acquired rights for the upcoming Twenty20 cricket series between India and the West Indies.
Indian pay-television broadcaster Star Sports has acquired live rights for an upcoming international football friendly match between the national teams of India and Puerto Rico.
English Premier League football club Manchester City has entered into a partnership with Indian digital media company Veqta.
Reports that media group Sony Pictures Networks India is set to acquire the Ten Sports operation of Indian pay-television operator Zee have been denied by both parties.
Pay-television broadcaster Star India has acquired rights for the upcoming Twenty20 cricket matches in the US between India and the West Indies.
Media group Sony Pictures Networks India is set to acquire the Ten Sports operation of Indian pay-television operator Zee, according to the Economic Times.
An absence of competition in Spain and the Indian subcontinent has seen the value of International Champions Cup rights stall in both markets.
The Asian Football Confederation has unveiled a new live streaming platform for its member associations, with the Bhutan Football Federation signing up as the service’s first client.
Sony Pictures Networks India has acquired exclusive rights in the country to this year’s edition of the International Champions Cup pre-season club football tournament.
The Board of Control for Cricket in India has been ordered by the country’s Supreme Court to carry out a series of reforms of its governance structure, but a key proposal that would have severely damaged its revenues from broadcast rights has been rejected.
Pay-television broadcaster Star India is to launch two new sports channels.
The Caribbean Premier League has secured a landmark deal for the 2016 edition of the Twenty20 cricket tournament to be streamed live via the Facebook social network.