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.

ET first reported on April 20 that Zee is interested in acquiring 9X Media, currently owned by private equity fund New Silk Route (NSR).

New Silk Route (NSR), which owns close to 80 per cent stake in 9X Media, has been looking to exit since 2013 as it first invested in the co...

9X Media operates three music channels in Hindi, 9XM, 9X Jalwa and 9X Bajao, one in English (9XO), Marathi (9X Jhakaas) and Punjabi (9X Tas...