Netflix s and Zee Studios decision to pull down the Tamil film, Annapoorani: The Goddess of Food, is a good case study. At the time of its theatrical release, Annapoorani was not widely marketed across the country. Which is why critiques emanated almost entirely from south Indian reviewers and viewers who, as it happens, are accustomed to filmmakers continuing to question conservative values despite the rightwing backlash they face. The southern ecosystem, therefore, dissected Annapoorani s politics and cinematic worth, and that was that.
People close to Sony said the multinational has offered Punit Goenka the role of advisor at the new company, but said he should not be on the board, pending regulatory investigations. As of now, Goenka as boss of new merged co, failing financial health, unmet conditions are being seen as key hurdles to the deal going through.
The Sony Group is expected to pass a resolution to end the “good faith discussions,” thereby calling off the planned amalgamation, unless Zee MD and CEO Punit Goenka agrees he wont assume current titles at the merged company.