ZEEL’s Board is evaluating all available options including taking “appropriate legal action” and contesting Sony’s claims and the demand for a $90 million termination fee in the arbitration proceedings
Zee Entertainment formally seeks a timeline extension from Sony for the composite scheme, in line with the Merger Cooperation Agreement. Karan Taurani, Senior VP, Elara Capital believes that the extension faces no regulatory hurdles, emphasising NCLT approval's non-time-bound nature
Advertising revenue increased 5% to Rs 976.3 crore from Rs 926.6 crore
The merger deal is also awaiting approval from the Competition Commission of India (CCI)
ZEEL had participated in the IPL media rights e-auction process. The company's main focus was digital rights
The combination of ZEEL and SPNI is expected to achieve business synergies and given their relative strengths in scripted, factual and sports programming, respective distribution footprints across India and iconic entertainment brands
Brings alive how TV plays a pivotal role in our everyday life, just like a family member
Zee's board of directors is considering providing equity-linked instruments to its promoters in response to a proposal from a promoter group firm to invest more in the company.
ZEE5 marks its success with its relevant content lineup that caters to the different tastes of Indian online consumer
Zee has filed the petition in Bombay High Court opposing the call for an Extraordinary General Meeting made by its shareholders Invesco and OFI
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