Zee Leisure slips after CCI’s merger with Sony hurts competitors

By CNBCTV18.com Sep 01, 2022, 04:09 PM IST (Up to date) small Based on a report, the CCI in its 21-page discover mentioned that as per its preliminary assessment, the proposed deal would put the mixed entity in a “robust place” with round 92 channels in India. Shares of Zee Leisure Enterprises Ltd fell greater … Read more

Unique: Sony, Zee make concessions to ease India’s watchdog concern over merger

© Reuters. FILE PHOTO: The Zee Leisure and Sony logos are displayed on this illustration taken September 1, 2022. REUTERS/Dado Ruvic/Illustration/File Photograph by Aditya Kalra New Delhi (Reuters) – a unit of Sony (NYSE:) Group and India’s Zee Leisure have proposed concessions like pricing reductions to assist ease the nation’s antitrust regulator’s considerations over their … Read more

Zee-Sony merger: CCI probe is only a course of, deal has excessive probabilities of passing : Finest Media Data

Consultants advised BestMediaInfo.com that the Competitors Fee of India (CCI) is unlikely to scrap the Zee-Sony merger deal. At greatest, the mixed entity could also be recommended to reorganize or abandon a few of its companies. Rising Star Awards 2022, Deadline: September 9, 2022. enter now Reuters reported on Wednesday that having “distinctive bargaining energy” … Read more

HBO Max and Discovery Plus announce merger

HBO Max and Discovery+ are merging, Warner Bros. Discovery introduced in a press launch on Aug. David Zaslav, CEO of Warner Bros. Discovery, stated that combining streamers is at present a “major precedence” and that the mix service will start in america in 2023. Mixed streamers will embody exhibits from HBO, CNN, DC Comics, Discovery … Read more

What does the Sony-Zee merger imply for TV Leisure and different gamers within the OTT house

Two of India’s largest media firms are becoming a member of forces to dominate Indian leisure and tackle the worldwide giants. Zee, India’s largest listed tv community, is promoting a 51% majority stake to Sony Footage Networks India, a subsidiary of Japanese conglomerate Sony. A December 21 regulatory submitting by Zee acknowledged that the 2 … Read more

Zee-Sony Merger Sealed; Sony will maintain majority stake, promoter household will maintain 3.99% stake with choice to extend market share to twenty%

After three months of exhausting work, Sony Footage Networks India (SPN), a subsidiary of Sony Corp’s Sony Footage Leisure (SPE), has signed definitive agreements for merger with Zee Leisure Enterprises (ZEE), whereas the latter is authorized. embroiled in a combat. With the most important shareholder Invesco taking management of the media firm. As a part … Read more

Merger with Sony could result in re-rating of ZEE: CLSA

MUMBAI: Brokerage CLSA mentioned a potential merger of Zee Leisure Enterprises (Zee) with Sony might be a rerating catalyst. Reiterating a purchase score with a goal value of ₹415, CLSA mentioned that if the deal seals, the valuation of ZEE is more likely to return to the all-time excessive of 30 instances. Shares of Zee … Read more

Zee Sony merger deal: Sony involves the rescue of Zee Leisure, indicators time period sheet for merger

Jumbo Leisure Offers in a Nutshell Puneet Goenka to proceed as MD and CEO, ousts Invesco from merger that seeks to oust him The destiny of NP Singh, MD and CEO of SPN, remains to be unknown. The mixed entity could have 75 TV channels, 2 video streaming companies (ZEE5 and Sony LIV), two movie … Read more