The Zee-Sony Saga: Zee Entertainment and Sony Group Corporation are back in talks to revive their $10 billion merger, with meetings held in Mumbai to resolve differences and reach an agreement within 48 hours. $300 million write off on cricket rights remains issue,
Sony Group Corp. is said to have withdrawn the agreement to merge its India operations with Zee Entertainment Enterprises Ltd. from a local company court, taking the final step in scrapping a two-year-old plan that sought to create a $10 billion media giant.
First Zee-Sony settle dispute, then immediately Chandra accuses SEBI chief for failed merger. He might have convinced Sony something before settlement?
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