Page 10 - Latest Updates on Sony
TMS Ep616: Zee-Sony merger, cookieless market, interim Budget, stress test
Has Zee run out of options after merger collapse? Are Indian businesses ready for a cookieless market? What do investors expect from interim Budget? What is stress testing in finance? Answers here
 "TMS Ep616: Zee-Sony merger, cookieless market, interim Budget, stress test")
Zee Entertainment mulls filing counterclaims against Sony India in SIAC
Legal experts say Zee took several steps to merge the companies which resulted in litigation costs
 "Zee Entertainment mulls filing counterclaims against Sony India in SIAC")
Disney Star mulls legal action against ZEEL for backing out from deal
According to the sources, this is a fallout of the collapse of its merger deal with Sony
 "Disney Star mulls legal action against ZEEL for backing out from deal")
Zee moves NCLT, SAIC against Sony Pictures post collapse of merger deal
Meanwhile, Sony India is going full steam ahead with its plans without Zee and said it is looking for both organic and inorganic growth opportunities in India
 "Zee moves NCLT, SAIC against Sony Pictures post collapse of merger deal")
Before Sony merger collapse, Chandra blamed Sebi for trying to scuttle deal
"My concern is the timing of this new notice, and the urgency of the same since it matches with the merger completion timeline of ZEE and Culver Max," he had said in letter to FM
 "Before Sony merger collapse, Chandra blamed Sebi for trying to scuttle deal")
Zee asks Sony Group to withdraw termination of $10 billion merger plan
The company has also approached the National Company Law Tribunal seeking directions to implement the merger, Zee added
Sony moves Singapore court against Zee for breaching merger pact: Report
Zee is likely to counter Sony's claims in the Singapore International Arbitration Centre, including the demand for a $90 million termination fee
Zee nosedives 30% in worst single-day fall after Sony scraps deal
After the deal with Sony was terminated, nearly half a dozen brokerages downgraded Zee's stock while lowering the earnings multiple assigned to the cash-strapped company
 "Zee nosedives 30% in worst single-day fall after Sony scraps deal")
Sony puts large advertisers in tough spot as it terminates merger deal
What probably sank the deal was the insistence by Punit Goenka, Zee's chief executive officer, that he should lead the post-merger entity
Sony scraps $10 bn Zee merger deal; seeks $90 million in termination fees
Zee board to take legal steps to protect stakeholders' interest in arbitration
Analysts downgrade Zee Entertainment stock after Sony deal falls through
In a note, Elara has said the stock could slip to as low as Rs 130, while Nuvama Institutional Equities believes the stock could slip below Rs 200
Rs 2.1 trillion media landscape to hot up after Sony-Zee divorce
More consolidation on cards as players bulk up to fight Google, Meta and other tech-media giants
 "Rs 2.1 trillion media landscape to hot up after Sony-Zee divorce")
ZEEL spent Rs 366 crore on compliances for its now-failed merger with Sony
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.
Sony-Zee merger: ZEE promises legal action over termination notice
Culver Max and BEPL sent a termination notice with a $90 million fee to ZEEL after Sony cancelled the merger deal valued at $10 billion
Sony-Zee merger timeline: How leadership dispute ended the $10 bn deal
Sony Group Corp has called off its merger with Zee after nearly two years of negotiating the $10 billion deal, which was set to become India's fourth-largest media house
Sony Board to take call on $10 billion merger with Zee Entertainment today
Zee MD and CEO Punit Goenka has offered to step down from his chief executive role, ahead of the deadline for the merger deal on January 20
The merger drama in television
With India hardly being a hot destination for media investments, the twists and turns in the Sony-Zee merger deal is bad news for the industry
 "The merger drama in television")
Sony Group continues talks on merger with Zee amid reports on disputes
Sony Group and Zee Entertainment have faced disputes over the choice of the merged unit's CEO. However, terms of the deal are expected to be clarified by January 21
 "Sony Group continues talks on merger with Zee amid reports on disputes")
Zee-Sony merger may be called off, termination notice to be filed by Jan 20
Discussions are still ongoing between the two sides and a resolution can still emerge before the deadline
 "Zee-Sony merger may be called off, termination notice to be filed by Jan 20")
Sony launches athletes-focused Float Run headphones in India: Details here
The Float Run headphones are now available at Sony Center website and other e-commerce platforms at Rs 10,990
 "Sony launches athletes-focused Float Run headphones in India: Details here")