Page 2 - Sony Corp

Zee-Sony merger: NCLAT adjourns hearing over Axis Finance plea to Friday

The National Company Law Appellate Tribunal (NCLAT) on Thursday adjourned the hearing to October 13 on a plea filed by Axis Finance against the merger of Zee Entertainment Enterprise Ltd (ZEEL) with Culver Max Entertainment, formerly Sony Pictures Networks India. The appellate tribunal on Friday will hear another plea filed by private lender IDBI Bank, which has also challenged the August 10, 2023, order of the Mumbai bench of the National Company Law Tribunal (NCLT) approving the merger. Counsel appearing for Axis Finance requested the tribunal to adjourn the matter to Friday when it will hear the same petition filed by IDBI Bank. During the proceedings, senior advocates Mukul Rohatgi and Arun Kathpalia - both representing ZEEL questioned the locus standi of Axis Finance to file such a petition and opposed passing any order. They also objected to the adjournment as IDBI's case arose out of a different set of facts, however, the appellate tribunal deferred the hearing of the case .

Street Signs: Bearish momentum may continue, the Zee-Sony trade & more

Analysts also do not rule out a range-bound movement and consolidation around current levels until a definitive breakthrough occurs on either side

After Sony's merger plan for India's Zee turns into farce, time to walk

The television market in India is large, but its best days are in the rear-view mirror. So although the Zee network reaches 750 million people, its market share of 16.6% is stagnant

BCCI likely to wait for Zee-Sony merger before selling media rights: Report

According to media reports, Zee Entertainment Enterprises is in talks with the creditors to repay its debt and clear the last obstacle in completing its merger with Sony Pictures Network India

Sony-Zee merger expected to be completed by September: Sony CEO Yoshida

CEO Yoshida said that India has become the most populous country in the world and this has created innumerable opportunities for growth and this is especially true for the entertainment industry

In a bid to bolster its leadership, Shemaroo makes two key appointments

Arpit Mankar has been appointed head of the non-Bollywood category, and Abhishek Joshi will lead the OTT platform of Shemaroo, ShemarooMe

Merger with Sony will get stuck in insolvency proceedings: Zee group

India's Zee Entertainment Enterprises Ltd told a tribunal on Friday its merger with a local unit of Japan's Sony Group Corp will "get stuck" due to the initiation of insolvency

Sony introduces NW-ZX707 Walkman in India at Rs 69,990: Details here

The Sony NW-ZX707 Walkman is available in India exclusively on Headphone Zone

Sony-owned Guerrilla confirms new multiplayer Horizon game on Twitter

Under the Horizon game series, it includes -- Horizon Forbidden West, Horizon Call of the Mountain, and Horizon Zero Dawn, according to the company's website

PlayStation hardware head Masayasu Ito leaves Sony after 36 years

Sony Interactive Entertainment announced that its veteran PlayStation hardware chief Masayasu Ito, who joined the company in 1986, will leave on October 1 to spend a retired life

After poor Microsoft Xbox show, Sony expects weaker PlayStation sales ahead

Japanese giant Sony on Friday warned weaker sales of its PlayStation (PS) gaming consoles ahead, along with reducing its annual profit outlook, as it closed the $3.7 billion acquisition of Bungie

Sales of Nintendo Switch top 100 mn, surpassing Wii's lifetime figure

The Kyoto-based games maker and peers Sony Group and Microsoft Corp are grappling with chip shortages.

Sales of Nintendo Switch top 100 mn, surpassing Wii's lifetime figure

The Kyoto-based games maker and peers Sony Group and Microsoft Corp are grappling with chip shortages.

It's my job to take the best of both firms: Punit Goenka on Zee-Sony merger

CEO and managing director of Zee Entertainment speaks on alliance with Sony India announced on Thursday.

ZEE falls 5% on profit booking, post inking merger pact with Sony Pictures

In the past three months, ZEEL has outperformed the market by surging 35 per cent when compared with a 4 per cent decline in the S&P BSE Sensex

Invesco says it facilitated tie-up talks between India's Reliance and Zee

"The role of Invesco, as Zee's single largest shareholder, was to help facilitate that potential (Reliance) transaction and nothing more," Invesco said

Invesco's conduct lacks transparency, says Zee Entertainment

Zee said it is dismayed that in the open letter, Invesco has also cast unsubstantiated aspersions on Zee's management and has made comments in relation to the 'permissive culture' of the Board

Japan's Sony Corp expects profit to decline after pandemic boom

The firm expects operating income to slip 4.3% this business year

Sony launches affordable Android powered 32-inch Bravia Smart TV in India

Sony on Thursday launched a new 32-inch BRAVIA 32W830 Android TV for India market at Rs 30,990

Fortnite developer Epic Games raises $1 bn, including $200 mn from Sony

Fortnite developer Epic Games has announced that it completed a $1 billion round of funding, that includes an additional $200 million strategic investment from Sony Corporation