Dubai-based Taj Entertainment Networks is said to be in talks with several international broadcasters, including Sony Corp’s Sony Entertainment Television (SET), to sell a stake in its Ten Sports TV channel.
Taj Entertainment Networks is seeking a strategic partnership and has been in discussion with various parties, of which Sony is one of a number of possible partners.
Reports say that Ten Sports is valued at $135-$160 million, and was looking to sell around a 50-per-cent stake.
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