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Forums - Sony - Sony expands its Asian TV business, buys TEN Sports for $385 million

Sony Pictures Networks India (SPN) on Wednesday announced that it has entered into a definitive agreement to acquire TEN Sports Network from Zee Entertainment Enterprises Limited (ZEE) and its subsidiaries for 385 million U.S. dollars.

The acquisition will add South Asia's leading sports network to SPN's existing portfolio of channels. Completion of the acquisition is subject to regulatory approval.

Long a television destination for sports fans, SPN sports properties include cricket (IPL, CPL, Ram Slam), football (FIFA 2018 World Cup Russia, UEFA Euro 2016, FIFA World Events including FIFA U-17 World Cup 2017 in India, European and South American Qualifiers for FIFA WC 2018, FIFA Confederations Cup, LaLiga, Serie A, FA Cup, Copa America Centenario, International Champions Cup), tennis (Australian Open, ATP 1000 and 500 World Tour Events, Champions Tennis League), fight sports (TNA, UFC, Pro Wrestling League), basketball (NBA) as well as NFL and Premier Futsal.

The TEN Sports channels being acquired include 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 and the Caribbean.

TEN Sports holds broadcast rights to major cricket boards (South Africa, Pakistan, Sri Lanka, West Indies and Zimbabwe).

In addition, Ten Sports holds rights to wrestling (WWE), football (UEFA Champions League, UEFA Europa League, French League, English Football League Cup), tennis (WTA Events, ATP events), golf (European Tour, Asian Tour, Ryder Cup, US PGA Championship, LPGA Tour, Professional Golf Tour of India and Golf Channel Block), athletics (Asian Games, Commonwealth Games), motor sports (Moto GP) and cycling (Tour de France) events.

http://www.moscowinquirer.com/index.php/sid/247235673



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Sony are making those moves coming up to the 7th. Something BIG is a-comin'. PSVue is going to expand outside of the US ...



 

The PS5 Exists. 


Why do I get the feeling that this will be expanded into eSports?



fordy said:
Why do I get the feeling that this will be expanded into eSports?

Activision will be rubbing their hands together at this very moment.



 

The PS5 Exists. 


GribbleGrunger said:
fordy said:
Why do I get the feeling that this will be expanded into eSports?

Activision will be rubbing their hands together at this very moment.

Now that ESPN is moving into eSports, it seems like a pretty logical move to do the same. Perhaps introduce a few hours and expand from there, all Playstation platform games. Can't go wrong with the Asian market on this either, but if Sony are indeed planning something like this, they'd better start broadcasting to South Korea as well.



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Buying channels that broadcast cricket in India. Straight to the bank!



fordy said:

Now that ESPN is moving into eSports, it seems like a pretty logical move to do the same. Perhaps introduce a few hours and expand from there, all Playstation platform games. Can't go wrong with the Asian market on this either, but if Sony are indeed planning something like this, they'd better start broadcasting to South Korea as well.

It would ge insane if they missed such a huge opportunity.



 

The PS5 Exists. 


It will be interesting to see how this works out. Sony still makes strange moves, so even though this looks like it could be a good move for the global expansion of Vue, it could also just be some crazy solo project within the giant corperation.

Just like I am wondering right now what their plan is for 4K video streaming on PS4 Neo. They have PS Video, but then Sony Pictures went and launched Ultra. So, is ultra going to come to PS4 Neo, and split our movie library on PS4 between competeing Sony services, or will Ultra roll into PS Video? As good as a job as Kaz and company have done cleaning things up, these odd little self competition problems still pop up within Sony.



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10/03/2010 

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KBG29 said:
It will be interesting to see how this works out. Sony still makes strange moves, so even though this looks like it could be a good move for the global expansion of Vue, it could also just be some crazy solo project within the giant corperation.

Just like I am wondering right now what their plan is for 4K video streaming on PS4 Neo. They have PS Video, but then Sony Pictures went and launched Ultra. So, is ultra going to come to PS4 Neo, and split our movie library on PS4 between competeing Sony services, or will Ultra roll into PS Video? As good as a job as Kaz and company have done cleaning things up, these odd little self competition problems still pop up within Sony.

That was the whole point in unifying everything under SIE so I'm sure there will no longer be separate businesses competing within the same company.



 

The PS5 Exists. 


And why is this in gaming? Doesn't VGC have seperate sports/movie sections?



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