Zee Entertainment Seeks to Revive $10 Billion Merger With Sony: Report

Zee Entertainment Seeks to Revive $10 Billion Merger With Sony: Report

India’s Zee Entertainment is making a final attempt to restart discussions with Japan’s Sony Group to revive their $10 billion (roughly Rs. 83,098 crore) merger deal which was scrapped on January 22, Indian business daily Economic Times reported on Tuesday, citing people aware of the matter. Representatives from both parties…

Zee-Sony Merger Approved by NCLT, Paving Way For Creation of $10 Billion Media Company

Zee-Sony Merger Approved by NCLT, Paving Way For Creation of $10 Billion Media Company

The National Company Law Tribunal (NCLT) on Thursday allowed the merger of Zee Entertainment Enterprises and Culver Max Entertainment (earlier known as Sony Pictures Networks India). This order by the Mumbai bench, headed by H V Subba Rao and Madhu Sinha, will pave the way for the creation of a…