Zee seeks termination fee of $90 million from Sony for calli

Zee seeks termination fee of $90 million from Sony for calling off $10 billion deal

Zee Entertainment made headlines on Thursday by terminating its $10 billion media deal, demanding a $90 million termination fee from Sony Group Corporation's India media unit, Culver Max Entertainment, and Bangla Entertainment Pvt. Ltd. (BEPL). Previously, the media company disclosed that it had suffered merger-related expenses of Rs 432 crore between 2023-24 and 2022-23 due to the unsuccessful merger attempt with Sony Group Corporation's India media unit, Culver Max Entertainment.

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India , Culver Max , Competition Commission Of India , Sony , Sony Group Corporation India , National Company Law Tribunal , Zee Entertainment , Sony Group Corporation , Culver Max Entertainment , Bangla Entertainment , Max Entertainment , Competition Commission , National Company Law ,

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