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ZEE Entertainment Enterprises shares in focus as MD & CEO Punit Goenka takes 20% pay cut

ZEE said it is focused on adopting a frugal approach, as it moves forward towards the set goals for the future. Goenka said it is imperative to adapt as per the situation and at this point in time, ‘accountability & agility’ is the need of the hour.

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ZEE shares at Rs 130? Stock sees 'Sell' recommendations, PE derating on Sony merger termination

ZEE may see a sharp de-rating in P/E valuation of its broadcasting business to at least 10 times one-year forward or lower, due to the unfinished merger, as linear TV growth has converged sharply, said Elara Securties.

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Zee shares decline almost 5% as Sony Pictures unlikely to extend the timeline for the merger

Shares of Zee Entertainment Enterprises lost nearly 5 percent in intraday trading on Tuesday following a report by Mint indicating that Sony Pictures is unlikely to extend the timeline for the $10 billion merger of its India Business with Zee. ....

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ZEE shares in focus as firm seeks extension of timeline to complete Sony merger

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.

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