India’s largest media and entertainment business is getting stitched up, spanning 100 TV channels, two streaming platforms Disney+ Hotstar and JioCinema, rights to premier sporting tournaments, including cricket Indian Premier League, as well as a robust international catalogue of content as American entertainment conglomerate The Walt Disney Company and billionaire Mukesh Ambani’s Reliance Industries have … Read more
The Emergency Arbitrator has denied Sony’s application against Zee Entertainment in the Singapore International Arbitration Center (SIAC), CNBC-TV 18 reported on Sunday. The arbitrator denied the emergency of the matter, while the arbitration can still go on, the report said, citing sources. Also read: Zee-Sony fallout: Zee incurred Rs 700-cr cost for merger deal, says report In 2021, … Read more
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