Zee, Sony In Talks To Save The Called Off $10 Billion Merger; Zee Shares Rally 7%

Last Updated: February 20, 2024, 11:48 IST Zee-Sony Merger Talks Restart? Shares of Zee Entertainment Enterprises Ltd (ZEEL) rallied over 7 per cent to the day’s high of Rs 192 on Tuesday as the media house re-initiated talks for a merger with Sony Group after the $10 billion deal was cancelled last month. Despite the mentioned … Read more

Zee alleges Star India of violation of agreement of ICC TV deal; seeks refund of ₹68.54 crore

The Zee Entertainment logo | Photo Credit: Reuters Zee Entertainment Enterprises has alleged that Star India has not acted in accordance with the agreement between them over the sharing of the TV broadcast rights of ICC cricket matches and has sought a refund of ₹68.54 crore from the Walt Disney-owned firm. In August, 2022, Zee … Read more

Zee Entertainment to take legal action against Sony; denies all allegations

“ZEEL held several deliberations and good faith negotiations with Culver Max and BEPL, with a view to consider an extension of the merger completion timeline, that did not materialise,” the company said.  | Photo Credit: Reuters The ZEE Entertainment Enterprises Limited (ZEEL) board which meet in Mumbai on January 22 took on record communications received … Read more