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1. www.bloomberg.com › opinion › articlesSony Puts India’s Advertisers in a Tight Spot - Bloomberg.com

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   Jan 22, 2024 · Sony Puts India’s Advertisers in a Tight Spot. Walking away from a Zee merger may increase the heft of a rival media empire and weaken brands’ bargaining power. January 22, 2024 at 3:00 PM...

2. www.cnbctv18.com › views › sony-puts-indiaOPINION | Sony puts India’s advertisers in a tight spot after ...

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   Jan 22, 2024 · OPINION | Sony puts India’s advertisers in a tight spot after merger with Zee is scrapped. Meanwhile, a new media mogul has emerged. Mukesh Ambani is talking to Walt Disney Co. CEO Bob Iger, who wants to steady the sprawling behemoth by focusing on four core areas: streaming, theme parks, studios and ESPN, the sports network.

3. People also ask

   What happened between Sony & Zee?

   • While neither Sony nor Zee elaborated on which conditions had been unfulfilled, the firms had been at odds over who would have led the combined company. Zee had proposed that its CEO Punit Goenka take the helm, but Sony baulked after he became the subject of an investigation by India's market regulator.

   India's Zee slides 30%, Sony deal collapse stokes worries about its

   www.reuters.com/markets/deals/analysts-recommend-selling-indias-zee-after-failed-sony-merger-2024-01-23/

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   Why did Sony buy Zee?

   • Sony came in as a white knight, promising to infuse capital and take a controlling interest in what would have become India’s largest media network. The offer was overly generous to the Zee founder, who was given an option to rebuild some of his depleted stake.

   Sony-Zee: India’s Advertisers in a Tight Spot After Merger Is Scrapped

   www.bloomberg.com/opinion/articles/2024-01-22/sony-zee-india-s-advertisers-in-a-tight-spot-after-merger-is-scrapped

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   Should you buy zee (zee)?

   • CLSA was among the brokers recommending investors sell, cutting its rating for Zee by two notches and slashing its target price 34% to 198 rupees. That said, the average rating of the 19 analysts covering Zee has dropped to "hold" from "buy". Their overall median price target price has tumbled 16% to 253 rupees, according to LSEG data.

   India's Zee slides 30%, Sony deal collapse stokes worries about its

   www.reuters.com/markets/deals/analysts-recommend-selling-indias-zee-after-failed-sony-merger-2024-01-23/

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   Why did Zee stock sank?

   • Its early January market capitalization of INR223 billion, or $3.68 billion, compared badly with a nearly $5 billion valuation implied by the deal terms. Following the deal cancelation news, Zee shares sank by a further 6% in early Monday trading on the Bombay Stock Exchange and the NSE, featuring around INR231 apiece.

   Sony Halts $10 Billion Merger With Zee in India - Variety

   variety.com/2024/tv/news/sony-zee-india-deal-halted-1235865873/

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4. www.bloomberg.com › news › articlesZee-Sony Deal Nod Paves Way for $10 Billion Indian Media Giant

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   Aug 10, 2023 · Zee-Sony Deal Nod Paves Way for $10 Billion Indian Media Giant. India’s company law tribunal approved delayed merger Thursday; Zee’s shares jumped as much as 20% after the tribunal’s order

5. www.moneycontrol.com › news › businessZee-Sony legal war over failed deal hinges on $90-mn ...

   www.moneycontrol.com › news › business

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   Jan 23, 2024 · Maryam Farooqui. January 23, 2024 / 12:17 PM IST. Sony puts India’s advertisers in a tight spot. In the aftermath of the Zee-Sony merger fallout, the two companies will be involved in a long...

   • Author: Maryam Farooqui

6. variety.com › 2023 › tvSony Taking 'Very Seriously' Indian Order Barring Zee Management

   variety.com › 2023 › tv

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   Jun 21, 2023 · Weeks after India Securities and Exchange Board (SEBI) barred Zee Entertainment Enterprises (ZEEL) top brass from holding any managerial or directorial positions, Sony has responded.

7. www.reuters.com › markets › dealsIndia's Zee slides 30%, Sony deal collapse stokes worries ...

   www.reuters.com › markets › deals

   Jan 23, 2024 · BENGALURU, Jan 23 (Reuters) - Shares in India's Zee Entertainment (ZEE.NS) plunged by as much as 30% on Tuesday, set for their worst day ever, after the collapse of its $10 billion merger with...

8. www.reuters.com › business › media-telecomZee drops after seeking merger deadline extension from Sony's ...

   www.reuters.com › business › media-telecom

   Dec 18, 2023 · Purchase Licensing Rights. Shares of India's Zee Entertainment Enterprises fell nearly 4% on Monday before trimming some losses, as the media company over the weekend sought further...