Showing posts with label Zee Entertainment Enterprises. Show all posts
Showing posts with label Zee Entertainment Enterprises. Show all posts

Development Hell: Merger Between Sony And Zee Delayed Once Again

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India’s National Company Law Tribunal (NCLT) is reserving its order on the controversial merger plan between Sony’s India division and Zee Enterprises.

Sony’s local business is Culver Max Entertainment and has been planning a merger with Subhash Chandra-backed Zee Entertainment Enterprises (ZEEL). NCLT is pausing so that the two parties can make further submissions to the Tribunal.

Senior counsel Janak Dwarkadas representing ZEEL stated that non-creditor objectors in the matter, who are not even the company’s creditors, are holding the merger to ransom.

“Currently, 70 per cent of the equity is held by the public institutions, who are lenders, while about 25.88 per cent is held by public non-institutions, and merely 3.99 per cent is held by promoters,” argued Dwarkadas.

Dwarkadas’ reference to ‘the promotors’ is a reference to the Chandra family.

Development Hell: Merger Between Sony And Zee Delayed Once Again

Recommended

India’s National Company Law Tribunal (NCLT) is reserving its order on the controversial merger plan between Sony’s India division and Zee Enterprises.

Sony’s local business is Culver Max Entertainment and has been planning a merger with Subhash Chandra-backed Zee Entertainment Enterprises (ZEEL). NCLT is pausing so that the two parties can make further submissions to the Tribunal.

Senior counsel Janak Dwarkadas representing ZEEL stated that non-creditor objectors in the matter, who are not even the company’s creditors, are holding the merger to ransom.

“Currently, 70 per cent of the equity is held by the public institutions, who are lenders, while about 25.88 per cent is held by public non-institutions, and merely 3.99 per cent is held by promoters,” argued Dwarkadas.

Dwarkadas’ reference to ‘the promotors’ is a reference to the Chandra family.

New Channel Alert: Openview To Add Some Spice To Ultra

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Right in time for the Easter holidays, Ultraview is surprising audiences with a second bouquet on Ultra, their recently launched Pay TV offering.

Will have the latest addition of niche channels with never-been-seen programmes, and that launched at 6:30pm on 6 April 2023. It will be home to two channels: Star Select and Zee Family, and promise to be an entertainment hotspot with a variety of Hindi content.

Viewers can get a taste of the flavourful content for a limited period, at no cost. From there the Spice bouquet will be available on a subscription basis at R119,99 per month using the Openview decoder to activate the chosen bouquet.

Star Select is a premium Hindi bespoke entertainment channel, specially curated for South Africa’s Hindi speaking viewers. Star Select is the entertainment hotspot that offers something for every age group, making the channel a family destination that offers the best romantic dramas, entertaining comedy shows, popular reality TV and the biggest Bollywood blockbuster hits. Some of the shows include Banni Chow Home Delivery (Genre: Drama), Swayamvar: Mika Di Vohti (Genre: Reality), Pyar Ka Dard Hai Meetha Meetha Pyara Pyara (Genre: Romance), Saubhagyavati Bhava (Genre: Drama), May I Come In Madam: (Genre: Comedy). and many more.

Zee Family offers exciting and heartwarming entertainment from India in Hindi with English subtitles. The channel caters to families showcasing award-winning romance and drama series, comedies, blockbuster movies, lifestyle, cooking and reality shows. Viewers can look forward to Baal Shiv, Ghar Ek Mandir, Kripa Agrasen Maharaj, Ki Ek Mahanayak Dr. BR Ambedkar, Main Bhi Ardhangini and the acclaimed reality singing competition, Sa Re Ga Ma Pa.

The Whereabouts Of Sony Channel And Sony Max

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Sony Channel (also known as Sony Entertainment Television) was a general entertainment channel based of the branding of the same name in India alongside defunct sister channel, Sony Max both of which were available in the African market in 2007 and 2011 respectively.


Some of the programming featured on these channels included The Amazing Race, Scrubs, Baywatch, Baggage, Drop Dead Diva, 1000 Ways To Die, Fear Factor, The Boondocks, Fatal Attraction, My Wife And Kids, Friends, Crossing Lines and Impractical Jokers.


The channel were seen as another alternative to brands like M-Net, Universal and BBC Brit and went as far as competing with the likes of Comedy Central and MTV. Sony Channel and Sony Max had everything going for themselves until that fateful show Gogglebox changed everything.


In 2015, Sony made their first attempt in producing local content with the launch of Gogglebox a series where random people watch various content particularly on DStv and you got to see their reactions to whatever was viewed on the platform.



It was this same show that caused a lot of scandal not only to the production crew but Sony in general. The crew of the show claimed to have viewed content that MultiChoice wasn't giving their consumers which led to the cancellation of the series.


Reruns were made available but from that point forward Sony had been alienating themselves from society offering less new content and often shuffling shows between channels despite their accessibility to the market.


In 2018, Sony Crime was introduced as a replacement to Sony Channel offering shows like Orange Is The New Black, Person Of Interest, CSI and Law And Order which kind of signalled the end of the brand in Africa of course most hoped that they would be saved.


But from what's been seen with several linear channels like Disney XD, FOX, FOX Life and EVA usually when a channel stops offering new content it usually means the channel is on the chopping which was the case with DStv as viewers had to resort to M-Net and Universal.



The Sony Channels were made available for another year until they were subsequently discontinued on another defunct platform Cell C's Black.


Sony Entertainment Television operated a number of linear channels like the kids channel POP and music channel KISS all of which were terminated as the company now opts to supply content to the market and not linear channels.


As of 2022, the only regions to supply a Sony linear channel are in Latin America and Germany while others like Turkey, Asia and the UK join Africa on their demise.


As mentioned, the names of the Sony Channels in Africa were derived from India which remain active but for different programming and audience while DStv uses the channel numbers for Sony Channel and Max for sports or as Vince McMahon calls it Sports Entertainment.


But that's the only thing Sony took from India the brand names as the channels were managed by the UK which has since then been acquired by Narrative Capital with the Sony branding removed from all assets.



Sony Max never existed in those regions and most if not all the Sony Channels are using the "Great!" branding and Sony Channel now Great TV! features shows like Castle, M*A*S*H and The Persuader and Hart To Hart basically old series.


Is Sony's linear offering in better hands I guess but with streaming taking the media by storm you never know if some restructuring will take place but all the best for the new management.


Conspiracy Theory: Could Zee Bollymovies Be The Second Movie Channel MultiChoice Was Hyping About? And Could RT Global Be Added As A Replacement To Russia Today (RT)?

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StarSat recently launched Zee Bollymovies and RT Global to their platform during the week as the platform is still trying to source out more content to make up for the hundred channels removed from their platform.


MultiChoice was set to cut the cord on e.tv's four channels in March but was delayed for another two months as they entered a court session with eMedia Investments regarding the agreement for these channels.


As mentioned, MultiChoice promised to launch a second movie channel while as expanding the reach of KIX to DStv Access customers while the terminations had been delayed the additions on the other hand have reportedly been finalized.



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I mean the rumour is not shocking as these developments are also being made available to the rest of Africa and I have a reason to believe it could be Zee Bollymovies.


During the court session with eMedia Investments, MultiChoice boasted about how repetitive their offering is implying that this movie channel could have less to none of that, second is KIX is launching on Access and the channel has nothing in common with eMovies and last is the timing for Zee Bollymovies.


StarTimes was the first to unveil Real Time and before you knew it the channel surfaced on DStv so what are the chances Zee Bollymovies won't just do the same.



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In other developments


Russia Today is now available on StarSat or at least as RT Global. From what was stated during the channel's blackout on DStv, MultiChoice had no intention of scrapping the channel so what are the chances that RT Global won't just take up the space of Russia Today.


If MultiChoice still has Russia Today it may not be due to the hope that EU restore the channel but possibly a contractual complication. Every deal can have a loophole, Russia Today's agreement with MultiChoice was to provide content.


Would it be shocking if these pair surface on DStv?


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