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Zee Entertainment acquires 100% stake in 9X Media, INX Music for Rs 160 cr

Besides, the company has also bought remaining 26 per cent stake in Zee Turner Ltd for Rs 2.6 lakh, a 74 per cent subsidiary of the company

Press Trust of India  |  New Delhi 

File photo of Punit Goenka, MD & CEO, Zee Entertainment Enterprises Ltd at the launch of new ditto TV in Mumbai (Pic: Suryakant Niwate)
File photo of Punit Goenka, MD & CEO, Zee Entertainment Enterprises Ltd at the launch of new ditto TV in Mumbai (Pic: Suryakant Niwate)

Media conglomerate Entertainment has acquired 100 per cent stake in two media entities, and INX Music, in a Rs 160-crore deal.

Besides, the company has also bought remaining 26 per cent stake in Turner Ltd for Rs 2.6 lakh, a 74 per cent subsidiary of the company.


The board of Entertainment Enterprise Ltd, in a meeting held today approved of 100 per cent stake in PVt Ltd and INX Music Pvt Ltd, the company said in a regulatory filing.

operates five music channels - (Hindi), (Hindi), (Marathi), (English) and (Hindi).

INX Music is a 70.85 per cent subsidiary of and engaged in the business of broadcasting a Punjabi music channel 9X Tashan, under its wholly owned subsidiary

First Published: Fri, October 06 2017. 19:14 IST
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