SPNI is required to start conversations but has not yet agreed to a deadline extension. SPNI said it looks forward to hearing ZEE’s proposals and the latter plans to complete the remaining critical closing conditions.
Sony Pictures Networks India (SPNI) said on Tuesday that it looks forward to hearing Zee Entertainment’s proposals and how they plan to complete the remaining critical closing conditions. Sony Pictures Networks India (SPNI) said in a statement:
ZEE had in September 2021 entered into a non-binding term sheet with Sony Pictures Networks India Private Limited to bring together their production operations, digital assets, linear networks and programme libraries.