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  2. May 22, 2024 · Zee Entertainment had to shell out Rs 432 crore in merger-related costs during FY24 and FY23 due to its failed merger deal with Sony Group Corporation's India media unit, Culver Max Entertainment, in its recent regulatory filings. According to the filings, Zee's merger-related costs stood at Rs 256 crore in 2023-24 and Rs 176 crore in the ...

  3. May 22, 2024 · Zee Entertainment incurred Rs 432 crore in merger-related costs during financial years 2023-24 and 2022-23 due to its failed merger deal with Sony Group Corporation’s Indian media unit, Culver Max Entertainment, according to a report by The Economic Times.

  4. Dec 22, 2021 · Japanese conglomerate Sony's Indian arm has finalised a deal with local rival Zee Entertainment to form the country's second largest entertainment network. The merged entity will include more...

  5. Feb 24, 2023 · In a big relief to media company Zee Entertainment Enterprises Ltd (ZEEL), the National Company Law Appellate Tribunal ( NCLAT) on Friday stayed the insolvency proceedings initiated against...

  6. On 18 January 2024, the anticipated $10 billion merger between Zee Entertainment Enterprises and Sony Pictures India progressed as ZEE's stock increased amid reports that CEO Punit Goenka might step down, potentially resolving a major deadlock in the merger process.