Tag: ZEE

Sony ‘terminates’ Indian merger with Zee

By Simon Sturdee with Anuj Srivas in Mumbai TOKYO, Jan 22, 2024 (AFP) – Sony “terminated” on Monday the $10-billion merger of its Indian operations with local rival Zee Entertainment that would have created a new streaming giant in the world’s most populous nation. The joint entity with mooted annual revenue of $2 billion would have helped both firms better compete with Disney, Amazon and Netflix in the entertainment market of 1.4 billion people. But […]