Digital TV News: Zee

Sony initiates termination of Zee merger agreement
Jan 22, 2024 – ZEE Entertainment has received, from Culver Max Entertainment (formerly Sony Pictures Networks India) and Bangla Entertainment, a communication terminating their Merger Co-operation Agreement.
News categories: ZEE Entertainment, Culver Max Entertainment, R. Gopalan, Digital TV, India, MandA, Streaming

MPA releases India online video report 2022-23
May 17, 2023 – Media Partners Asia (MPA) has released a report, based on data from its AMPD platform, that provides insights on the growing online video industry in India over the calendar year 2022 and Q1 2023.
News categories: Media Partners Asia, Mihir Shah, Digital TV, India, Market Research, Streaming

ZEE5 now available on Astro's Ultra and Ulti boxes
Mar 23, 2023 – Astro has added ZEE5 and Viu to its Ultra and Ulti Boxes, bringing in more global entertainment to customers' homes and devices, and expanding the number of streaming apps on the platform to ten.
News categories: Astro, ZEE5, Viu, Apps, Digital TV, Malaysia, Satellite, Set Top Box, Streaming

ZEE shareholders approve proposed merger with Sony Pictures Networks India
Oct 14, 2022 – Equity shareholders of ZEE Entertainment (ZEEL) have approved the proposed merger of ZEEL and Bangla Entertainment with and into Culver Max Entertainment (formerly Sony Pictures Networks India).
News categories: ZEE Entertainment, Sony Pictures Networks India, Punit Goenka, Digital TV, India, MandA, Streaming

Competition Commission of India approves Zee-SonyLIV merger, with conditions
Oct 4, 2022 – The Competition Commission of India has approved the amalgamation of Zee Entertainment and Bangla Entertainment with Culver Max Entertainment (provider of the SonyLIV service), with conditions.
News categories: Competition Commission of Indi, Zee Entertainment, SonyLIV, Digital TV, India, MandA, Streaming

Asia Pacific online video revenue to grow to $73 billion by 2027
Jul 25, 2022 – Analysis released by Media Partners Asia (MPA) has indicated that total Asia Pacific online video industry revenue will grow by 16% year-on-year in 2022 to reach $49.2 billion. SVOD will contribute 50%; UGC AVOD, 37% and Premium AVOD, 13%.
News categories: Media Partners Asia, Vivek Cout, Asia, Digital TV, Market Research, Streaming

Sony Pictures Networks India and Zee Entertainment Enterprises agree merger
Dec 22, 2021 – Sony Pictures Networks India (SPNI) and Zee Entertainment Enterprises (ZEEL) have signed definitive agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations and program libraries.
News categories: Zee Entertainment, Sony Pictures Networks India, Punit Goenka, N.P. Singh, Digital TV, India, MandA, Streaming

IBCAP announces $7 million judgment against Universe IPTV
Oct 7, 2021 – IBCAP has announced that the United States District Court for the Southern District of Texas entered a Final Judgment and Permanent Injunction against Universe IPTV and its individual owners.
News categories: IBCAP, Chris Kuelling, Content Protection, Digital TV, Streaming, USA

Robust growth forecast for SVOD revenue in India
Sep 23, 2021 – Subscription video on demand (SVOD) revenue in India is expected to grow at a robust compounded annual growth rate (CAGR) of 15.9% from US$0.9bn in 2020 to US$1.9bn in 2025, according to GlobalData.
News categories: GlobalData, Pradeepthi Kantipudi, Digital TV, India, Market Research, Streaming