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The Japanese entertainment giant sent a termination letter to Zee early on Monday and is expected to disclose it to the exchange later, said people familiar with the plan, who asked not to be identified as the announcement is not yet public. ....
Sony "terminated" on Monday the $10-billion merger of its Indian operations with local rival Zee Entertainment that would have created a new streaming giant in the world s most populous nation. ....
Punit Goenka expresses disappointment over failed deal but sees it as a sign from the Lord. He remains positive and committed to strengthening the M&E Company. ....
TOKYO: Sony confirmed on Monday (Jan 22) it is pulling out of a US$10-billion merger agreed in 2021 of its Indian operations with local rival Zee Entertainment. The collapse is a blow to both firms' hopes of better competing with streaming rivals such as Disney, Amazon and Netflix in the booming e ....