ZEE explores 49% stake sale in ZEE Music
pre-market1 source ↓written by the desknot a recommendation
- in ZEE Music
- 49% divestment
- a valuation
- ₹6,000 cr
ZEE Entertainment is considering a 49% divestment in ZEE Music Company, aiming for a valuation of ₹6,000 cr. This strategic move seeks to strengthen its balance sheet and raise fresh capital amid a rapidly changing media landscape. The divestment reflects ZEE's focus on unlocking value while retaining control of its profitable music division.
Not investment advice. For informational purposes only.