Related News

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor Opendoor stock rocketed 50% higher on Thursday after the

Elon Musk has revealed that SpaceX and Starlink are working on technology that will allow mobile phones to connect directly to Starlink satellites within roughly two years. This innovation aims

John Burford, an 85-year-old physicist and former NASA scientist, has been sentenced to two years in prison for defrauding more than 100 investors out of around $1.2 million, as reported

Keith Rabois of Khosla Ventures attends Day 3 of TechCrunch Disrupt SF 2013 at San Francisco Design Center on September 11, 2013 in San Francisco, California. Steve Jennings | Getty

Oracle Corp Chief Executive Larry Ellison during a launch event at the company’s headquarters in Redwood Shores, California June 10, 2014. Noah Berger | Reuters Oracle‘s massive growth trajectory for

Uber is taking its ride-sharing service to the skies. The San Francisco-based company said Wednesday that it will team with Joby Aviation, a maker of electric air taxis, to bring

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Jackie Shroff family’s investment pays off: From lakhs to crores- How the Bollywood couple’s Sony TV decision proved to be a bonanza for them

Word Count: 619 | Estimated Reading Time: 4 minutes


Jackie Shroff family’s investment pays off: From lakhs to crores- How the Bollywood couple’s Sony TV decision proved to be a bonanza for them

In an industry where star earnings often rise and fall with box-office success, Jackie and Ayesha Shroff’s early bet on television proved to be a defining financial decision. Their timely investment in Sony Entertainment Television’s Indian launch two decades ago turned into their most profitable venture, as reported by Economic Times.Ayesha Shroff, who co-founded Jackie Shroff Entertainment Limited, said in a discussion with Zero1 Hustle by Zerodha that the Sony investment was her first exposure to corporate operations and remains the couple’s best financial decision. “It was much more than that, and if you apply that concept to the deal, it was like Rs 1 lakh to Rs 100 crore back then,” she said.The couple and their seven-member team spent nearly a year negotiating with Sony, combining Jackie Shroff’s celebrity brand with commercial and technical expertise from other partners. A breakthrough came after sustained engagement, eventually leading to Sony’s entry into the Indian television market. The Shroffs retained their stake for 15 years before divesting.“The experience was very exciting, the going back and forth on the deal, the due diligence, the paperwork,” Ayesha recalled. She explained that the association with Sony not only provided strong financial returns but also gave her deep insights into corporate dealmaking.The Shroffs later channelled part of their resources into film production, most notably Boom (2002). However, widespread piracy prior to release led to major financial losses. “We made Boom. Not with all of that (Sony) money, but with a little bit of it. It was just bad luck that the film got pirated and we lost a lot of money,” Ayesha said.





Source link

Most Popular Articles