Zee Entertainment Enterprises Ltd on Sunday said the Singapore Arbitration Centre has denied Sony Group’s plea seeking a restrain against the Indian media company’s move to the NCLT for enforcing the merger that was called off by the Japanese company’s Indian arm. An Emergency Arbitrator of Singapore International Arbitration Centre denied the interim relief sought …
Zee Entertainment Enterprises Ltd (ZEEL) spent Rs 366.59 crore on compliances till September 2023 for its now-failed merger with Sony, which called off the deal on Monday. The company had spent Rs 176.20 crore in the financial year that ended in March 2023. Besides, it spent Rs 190.39 crore in the first six months of …
Punit Goenka, MD & CEO of Zee Entertainment Enterprises Ltd (ZEEL), on Thursday said the company is in active engagement with Japan’s Sony Group Corporation to ensure that the merger with its Indian media unit, Culver Max Entertainment, also known as Sony Pictures Networks India (SPNI), is finally implemented after receiving all the approvals. Goenka …
ET Intelligence Group: After an exceptionally good September quarter, the Hindi film industry has begun the December quarter on a sombre note. Each of the 14 movies released in October has failed to generate sufficient footfalls at theatres. What’s unique about this is not the failure, but the fact that big studios and distributors backing …