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Sony | India has great growth potential, will find another opportunity post Zee merger collapse: Sony

Sony had last month terminated an agreement with ZEEL to merge its two Indian entities Culver Max Entertainment and Bangla Entertainment Private Limited (BEPL) with ZEEL

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Setback for Sony: Emergency arbitrator denies any relief in case against Zee Entertainment

In 2021, Sony and Zee entered a deal to create a $10 billion entertainment firm. However, their talks fell through and Sony called off the deal in January 2024.

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Emergency Arbitrator denies Sony s application against Zee Entertainment in SIAC: Sources

While the arbitration can still go on, the emergency of the matter has been denied, the sources said.

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Zee-Sony scrapped merger: Emergency arbitration in Singapore on January 31

Sony has reportedly initiated arbitration proceedings for an alleged breach of terms by Zee. Zee has decided to contest Culver Max and BEPL's claims at the Singapore International Arbitration Centre.

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Sony Pictures Networks India Pvt Ltd (SPNI) | Committed to long-term growth, will explore organic, inorganic possibilities: Sony Pictures Network

As we close the chapter on our proposed merger with ZEEL, I want to take a moment to talk to you – not just as your CEO but as someone who has been on this journey with you. This change in our plans allows us to step into a new phase of our story, which I believe is full of promise, says CEO Singh

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