Sony expected to buy shares in Indian TV network

Sony Corp. is in discussions to purchase a stake in the Indian Television network governed by billionaire Mukesh Ambani as the Japanese giant aims to tap flourishing content demand in the Southeast Asian nation, as per people familiar with the situation.

The Tokyo-based company is currently performing due diligence on Ambani's Network18 Media & Investments Ltd., said the individuals, asking not to be identified because the da....