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Sony ditches tie-up with India s Zee – The Frontier Post

Sony ditches tie-up with India s Zee – The Frontier Post
thefrontierpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefrontierpost.com Daily Mail and Mail on Sunday newspapers.

ZEEL spent Rs 366 6 crore on compliances for its merger with Sony

Zee Entertainment Enterprises Ltd (ZEEL) incurred Rs 366.59 crore in compliance expenses for the failed merger with Sony until September 2023. The deal was called off due to a stalemate over leadership and other conditions. Sony Group Corp terminated the USD 10 billion merger, seeking USD 90 million as break-up fees.

Sony terminates Indian merger with rival Zee

Sony ‘terminates’ Indian merger with rival Zee - Business - TOKYO: Sony “terminated” on Monday the $10-billion merger of its Indian operations with local rival Zee Entertainment that would have created a new streami.

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