Zee Entertainment

Disney’s India unit seeks US$940 million in damages from Zee Entertainment

Zee said the two companies will now withdraw all claims made at the SIAC and at India’s national company tribunal.

Sony, India’s Zee settle dispute over scrapped US$10 billion merger

Zee will use the funds to “enhance its strategic flexibility to pursue future growth opportunities in the evolving media landscape”.

India's Zee Entertainment to raise nearly US$240 million

The company’s earnings before interest, taxes, depreciation, and amortisation margins expanded to 9.7 per cent from 7.2 per cent a year earlier.

India's Zee Entertainment reports Q4 profit as advertising demand picks up

Sony had sent the termination notice to Zee on Jan 22 for failing to meet the merger agreement conditions and sought US$90 million in break-up fees.

Sony said to have withdrawn India merger pact with Zee

The results come weeks after Sony scrapped its merger with Zee.

Zee Entertainment Q3 revenue falls on weak advertising demand

Sony's notice states that Zee "fails to take commercially reasonable" efforts to meet certain financial thresholds, including those related to cash availability.

Sony scrapped US$10 billion India merger as Zee failed to meet financial terms

Sony ended the merger, which was announced two years ago, as they could not agree on some deal conditions, and has also sought US$90 million in termination fees from Zee.

Zee to take legal action after Sony terminates US$10 billion India merger

Sony plans to file a termination notice before the extended Jan 20 deadline to close the merger over an impasse regarding who will lead the merged company.

India’s Zee tumbles on report Sony plans to call off US$10 billion merger

Sony plans to file the termination notice before a Jan 20 extended deadline for closing the deal, saying some of the conditions necessary for the merger have not been met.

Sony is planning to call off US$10 billion merger with India’s Zee