Zee Entertainment Limited (ZEEL) might file a suit against Culver Max Entertainment (Sony India) claiming damages if the much-awaited merger between the two companies fails to go through by January 20, a report said. Top company officials informed Hindu Businessline that Zee was compelled to close down certain lucrative ventures in order to adhere to … Read more
Zee-Sony merger deal: Zee Entertainment Limited on Tuesday clarified that the news and buzz that the multi-dollar merger between Zee Entertainment and Sony’s India arm will be terminated before January 20 is baseless and factually incorrect. News agency Bloomberg on Monday reported that Sony is planning to call off the $10 billion merger and Sony … Read more
Amid speculations around whether Zee Entertainment Group and Sony Group Corporation would be able to meet the merger deadline of 21 December, ZEEL has requested Sony India to extend the timeline for the merger. Zee Group has sent a letter to Culver Max Entertainment Private Limited, former Sony Pictures Networks India Private Limited (CMEPL), and … Read more