Sony Interactive Entertainment CEO Jim Ryan announced plans to lay off approximately 900 employees, representing 8% of the global workforce, in a move to adapt to industry changes and ensure the company's future success....
Sony on Monday said it is "disappointment" with Singapore tribunal's emergency arbitrator's decision rejecting its plea to restrain Zee from approaching NCLT and asserted that it will "vigorously arbitrate" the matter in the international tribunal. An emergency arbitrator of Singapore International ...
The National Company Law Tribunal (NCLT) has admitted a new petition filed by a Zee Entertainment Enterprises Ltd (ZEEL) shareholder seeking the enforcement of the now-cancelled merger agreement between ZEEL and Sony....
Zee Entertainment witnessed a significant setback as its share price plummeted by 25% in intraday trade on the Bombay Stock Exchange (BSE) on Tuesday, January 23. The abrupt termination of the much-anticipated Zee-Sony merger deal sent shockwaves through the market, triggering ...
Zee Entertainment witnessed a sharp decline of 10% in its share price during early trading on the Bombay Stock Exchange (BSE) on Tuesday, January 23. The stock plummeted to its lower circuit of Rs 208.60 per share as the termination of ...
Zee Entertainment Enterprises Ltd (ZEEL) witnessed a remarkable surge of over 7% in Thursday's trade, fueled by media reports revealing ongoing discussions with Culver Max Entertainment Private Limited (formerly Sony Pictures Networks India Private Limited) regarding their proposed merger. The latest ...
The much-anticipated merger between media giants Zee and Sony is encountering hurdles, raising concerns about its successful completion. Insiders reveal that Zee had to shut down profitable ventures to meet the merger conditions set by the Competition Commission of India (CCI), ...
A lot is going on in regard to the long-pending Zee-Sony merger this week. Question of when will the two media giants finally complete their proposed $10 billion deal. However, the latest reports have been jarring with Zee claiming that the ...
The Sony Group, in a clarification to Nikkei, stated that it is still actively discussing a potential merger with Zee Entertainment Enterprises of their businesses in India. This update contradicts previous media speculations suggesting that Sony was considering scrapping the $10 ...
A long-pending mega-deal between Sony and Zee Entertainment (ZEEL) is once again the talk of the town. Rather than positive news, some reports claimed Sony might be looking to end a $10 billion merger deal with ZEEL, and the reason is ...
Sony Group Corp is reportedly gearing up to call off the much-anticipated merger between its India unit and Zee Entertainment Enterprises Ltd, marking the end of a tumultuous two-year journey to create a formidable $10 billion media house. Insiders privy to ...