Sony provides own distribution trolley - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Sony provides own distribution trolley

Mar 15, 2000

Sony Entertainment Television (SET) is to pick up a 20% stake in CNBC India. CNBC India is a joint venture between CNBC Asia and TV 18. While the former holds a 51% of the equity the latter controls a 49% stake, TV 18 is a content provider providing both business and the entertainment programmes. It produces entertainment programmes for Star (Amul India Show, Kinetic Mega Show), Sony (Bhanwar) and business programmes for CNBC India.

SET has so far been the agent for CNBC India collecting subscription money from cable operators as well as selling free commercial time on the channel. The agreement between CNBC and Sony is based on an accelerated commission basis i.e. the higher the revenue that SET earns for CNBC the higher the rate of commission for SET. The taking of a stake by SET takes the agreement a step forward by giving Sony a stake in the revenues of the channel itself.

SET has three channels in place in India, the Hindi entertainment channel, the English movie channel AXN and the sports/events channel called SET Max. It does not have a presence in a news/current affairs channel unlike both Zee and Star and neither does it plan to have one. This arrangement gives it a stake in a business news channel.

What is not known is what will be the stake that CNBC Asia and TV 18 will give up for giving SET its stake. A bigger question is the strategy of SET itself. Does it plan to offer its own distribution trolley on the lines of both Zee and Star, which offer a bouquet of channels? This is because the management had earlier said that the company does not want to be a distributor but create a demand pull for its top of the line content. In that case the company would have to make a choice on having a presence either on the Zee or the Star platform. The current move indicates a preference towards offering its own bouquet of channels.

Equitymaster requests your view! Post a comment on "Sony provides own distribution trolley". Click here!

  

More Views on News

ZEE ENTERTAINMENT 2020-21 Annual Report Analysis (Annual Result Update)

Oct 18, 2021 | Updated on Oct 18, 2021

Here's an analysis of the annual report of ZEE ENTERTAINMENT for 2020-21. It includes a full income statement, balance sheet and cash flow analysis of ZEE ENTERTAINMENT. Also includes updates on the valuation of ZEE ENTERTAINMENT.

Shareholder Activism Triggers a 30% Rally in Zee Entertainment Shares (Views On News)

Sep 14, 2021

Zee Entertainment shares zoom after top investors seek CEO and MD Punit Goenka's removal.

ZEE ENTERTAINMENT Announces Quarterly Results (1QFY22); Net Profit Up 614.0% (Quarterly Result Update)

Aug 9, 2021 | Updated on Aug 9, 2021

For the quarter ended June 2021, ZEE ENTERTAINMENT has posted a net profit of Rs 2 bn (up 614.0% YoY). Sales on the other hand came in at Rs 18 bn (up 35.3% YoY). Read on for a complete analysis of ZEE ENTERTAINMENT's quarterly results.

What Fuelled the Sudden Surge in PVR and Inox Shares Today (Views On News)

Sep 27, 2021

Shares of both multiplex chain operators surged almost 18% to hit their 52-week highs.

8 Penny Stocks with Exceptionally High Promoter Holding (Views On News)

Sep 25, 2021

While high promoter holding is a good thing, there can be rare cases where penny stock promoters use misleading information about the actual valuation.

More Views on News

Most Popular

Infosys vs TCS: Which is Better? (Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake (Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

6 Popular Stocks that Turned into Penny Stocks (Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

India's Top 5 Monopoly Stocks to Watch Out for (Views On News)

Nov 30, 2021

These 5 companies dominate their sectors with a huge piece of the pie.

5 Indian Companies Embracing Blockchain Technology (Views On News)

Nov 23, 2021

Blockchain adoption in India was slow in the past. Now, the technology is being well received.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

ZEE ENTERTAINMENT SHARE PRICE


Dec 3, 2021 (Close)

TRACK ZEE ENTERTAINMENT

  • Track your investment in ZEE ENTERTAINMENT with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON ZEE ENTERTAINMENT

ZEE ENTERTAINMENT 8-QTR ANALYSIS

COMPARE ZEE ENTERTAINMENT WITH

MARKET STATS