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Dish TV, Videocon d2h merger creates leader

Will create India's largest media entity; existing brands to continue; transaction expected to close in 2nd half of 2017

Urvi Malvania & Ram Prasad Sahu  |  Mumbai 

Direct-to-home television operator Dish TV will merge with Videocon d2h, creating India's largest media company by sales. Dish TV is the market leader in the DTH space while Videocon is the third largest by subscribers. Their combined sales in FY16 were Rs 5,920 crore, more than Zee Entertainment, which had sales of Rs 5,850 crore.

Both Zee and Dish are part of Subhash Chandra's Essel Group. The merged entity will be named Dish TV Videocon Ltd. It will operate three brands - Dish TV, Zing and Videocon d2h. The combined subscriber base would be 27.6 million, as of ...

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First Published: Sat, November 12 2016. 01:24 IST
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