Discussion Sony officially announces termination of Zee merger

[iDJ]

Sony might sell its entertainment business in India soon, Sun for entertainment and Adani for sports can acquire by parts.

If they do. Punit Goenka must buy as revenge.

 

[Shubh_1733]

The sarcasticness in the 3rd comment. Im here in office and laughing like mad man

He is himself to be blamed . So clearly after the demolition of merger, it's a huge advantage for Jio and star . Here's to Punit and co ...

 

[Zeta Reticuli]

Offtopic-
Better if ETV buy Zee network,
Or
Sony-ETV merger.

 

[DreamDTH]

ZEEL categorically denied all assertions made by Culver Max and Bangla Entertainment Pvt Ltd (BEPL), stating that its Board of Directors is evaluating available options.

Sony terminates 10 Billion USD merger deal with ZEEL, seeking 90 Million USD termination fee

 

[Mylanji]

I will reiterate: Punit Goenka's ego and stubborn adamant attitude destroyed the prospect of the merger.

Now I hope he is happy after ruining the entire thing.

 

[StoriesWithPK]

Sebi queries ZEEL ex-directors; shareholders weigh options

A number of domestic and overseas institutional shareholders in ZEEL are also in discussions backchannel to coordinate on future course of action, multiple people involved in the discussions said. Large domestic institutions are also engaging with one proxy advisory firm to explore a common...

economictimes.indiatimes.com

At least 6 institutional shareholders cumulatively owning over 30 per cent of ZEEL are believed to be planning to approach the board and stock market regulator SEBI in the next week, to call an extraordinary general meeting (EGM) of ZEEL and seek the removal of ZEEL chairman R Gopalan and Punit Goenka, CEO and MD of the company. Over 350 ZEEL retail shareholders too are planning to join forces and write to SEBI seeking its intervention to protect their shareholder rights.

 

[StoriesWithPK]

I will reiterate: Punit Goenka's ego and stubborn adamant attitude destroyed the prospect of the merger.

Now I hope he is happy after ruining the entire thing.

He is ready for the next grift. That's why the selfie with Adani Media CEO.

 

[Aksgr]

Zee cant sue sony as they have no clause to go for, whereas they can challenge sony sue

 

[ab666]

Sony might sell its entertainment business in India soon, Sun for entertainment and Adani for sports can acquire by parts.

Why sony sell a profitable business, Sony CEO himself said there is no plan for any sale of any sony pictures production unit. Sony pictures acquired many small studios (funimation, crunchyroll, doctor who producer bad wolf, industrial media) in last few years. Sony also anoounced to spend 18 billion dollar for acquisitions in 2021. Zee was a part of that 18 billion plan. Now it's gone sony will look for other options in India

 

[aditya426]

From last 2 years i am waiting for karan arjun will back on sony max

Or maybe koi mil gaya and kaho na pyaar hai