Breaking ZEEL and Sony merger approved by ZEEL board; definitive agreements signed

[Aksgr]

For Reliance it will be a high risk process as well as a complicated issue.To Buy complete stakes they have to spend a big amount. Then avoiding an International partnership results leaving of International contents, Sports, all other rights they owned from Viacom CBS. Reliance alone have to spend money for buying stakes, buying foreign content rights, upcoming sports rights in India etc. Current partnership is better than this.

When talking about reliance one must not confuse it with network18. RIL JIO is telecom company but in future it will expand it's base even towards entertainment like AT&T and Comcast and as a global player. Currently they have less than 3% stake in zee worth nearly 5000cr.
Probably JIO will acquire stake of RIL in network18 and and bring it under JIO.

 

[Ashok Varma]

I think SONY might remove Punit after merger completed.

 

[rahul1117kumar]

 

[Jaffer7080]

I think zee and Sony should take this decisions soon instead of stretching and complete other formalities of merging ASAP.

 

[rahul1117kumar]

https://twitter.com/x/status/1442447677069795338

Source

 

[ak7777]

https://twitter.com/x/status/1442447677069795338

Source

Invesco - Hume Aitraaz Nahi Hai, Par Aap Guarantee Doge Ki Gadbad nahi Hogi?

 

[rahul1117kumar]

https://twitter.com/x/status/1442703537130016772

Source

 

[Jaffer7080]

Invesco - Hume Aitraaz Nahi Hai, Par Aap Guarantee Doge Ki Gadbad nahi Hogi?

Bhai gadbad ho hi nahi sakta infact both networks will get moral support from each other i think Mr. Goenka should interact with stake holders and convince them.

 

[rahul1117kumar]

Invesco's letter to Zee Management

Zee has 3 weeks to call EGM If they don't, Invesco can call it on their own in 6 months, Merger with Sony cannot go through without 75% vote in favour.

 

[Mylanji]

Invesco's letter to Zee Management

Zee has 3 weeks to call EGM If they don't, Invesco can call it on their own in 6 months, Merger with Sony cannot go through without 75% vote in favour.

Can you please post a screenshot of this letter? If possible?