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NCLAT acknowledges settlement-driven withdrawal, officially closing the chapter on the once-promising Zee-Sony media merger
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Under the terms of the settlement, none of the parties will have any outstanding or continuing obligations or liabilities to the other
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Pantvaidya will be heading Sony TV, Shah will lead Sony’s Hindi Movies channels SET Max and Bhalwankar will handle SONY SAB
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Earlier this week, Zee revealed via a regulatory filing that it had spent Rs 432 crore on the failed merger between 2022-23 and 2023-24
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The firm incurred merger-related costs of Rs 256 crore in 2023–24 and Rs 176 crore in 2022–23, according to the documents
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