September 5, 2016
By Haridas K.
Mumbai – Sony Pictures Networks India (SPN) and its affiliates have entered into definitive agreements to acquire TEN Sports Network from Zee Entertainment Enterprises Limited (ZEE) and its subsidiaries for US$385 million. Completion of the acquisition is subject to regulatory approval. The acquisition will add South Asia’s leading sports network to SPN’s existing portfolio of channels.
The TEN Sports channels acquired includes TEN 1, TEN 1 HD, TEN 2, TEN 3, TEN Golf HD, TEN Cricket, TEN Sports that operate in several countries including the Indian sub-continent, Maldives, Singapore, Hong Kong, Middle East, Caribbean.