It was earlier speculated that the two parties are attempting to join hands but Zee clarified this to be factually incorrect in its communication to BSE
Sony has not included the impact of the Merger in its consolidated financial results forecast for the fiscal year ending March 31, 2024, which was reported on November 9, 2023
With Zee asking Sony to push the merger date, it is expected to be closed by Dec 22, 2023
However, the law body has issued a notice to hear the plea again on January 8
Jain will be involved in strategic investment planning and head revenue for all 14 news channels of ZEE media
We respect the decision taken by the Hon’ble National Company Law Appellate Tribunal (NCLAT) and remain committed to protecting the interests of all stakeholders, says Punit Goenka
Goenka is taking all the necessary steps as per law, to protect the interests of all stakeholders of ZEE and to achieve the timely completion of the proposed merger with Culver Max Entertainment
The merger is important for the media industry as it will result in the manifestation of the biggest entertainment network in the country with an enormous cumulative viewership
ZEE to be the one-stop TV destination for ICC men’s tournaments in India
Whoever does this better, the more flexible it will be for them to offer an extensive viewing experience and gain greater market share in India, adds Mittal
Your e-mail information will not be shared with anyone else. And it will be used only to send out our latest news.
BW Communities is an array of business news websites targeted towards niche communities and readers across various industries
