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The Latest Breaking News from Zee

‘Sony’s criminal design to start merger and withdraw’: Subhash Chandra

“I can prove it was Sony’s criminal design to start the merger process and then withdraw,” Zee Entertainment Enterprises chairman emeritus Subhash Chandra has told The Economic Times in an interview.

Newslaundry

ED raids Subhash Chandra-owned Essel Group’s Mumbai office: Report

The Enforcement Directorate has conducted searches at Essel Group’s Mumbai office, which also serves as the office premises for Zee Media, ET Now reported, citing sources.

Newslaundry

Zee urges Sony to fulfill merger commitments, seeks tribunal intervention

Zee Entertainment requests Sony to fulfill merger commitments and takes the matter to tribunal for resolution. A detailed overview of the situation.

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Days before Sony called off Zee merger, Chandra wrote to Sitharaman questioning SEBI intent

Nearly a week before Sony Pictures Entertainment announced that it had called off its merger with Zee Entertainment Enterprises Ltd, ZEEL promoter Subhash Chandra reportedly wrote to Finance Minister Nirmala Sitharaman while accusing SEBI of operating with a motive to sabotage the deal.

Newslaundry

Zee slumps 10% after Sony scraps $10 billion India merger

Zee Entertainment Enterprises Ltd tumbled as much as 10% after the cancellation of a planned $10 billion merger with Sony Group Corp in India sparked a flurry of downgrades, with most analysts predicting a sharp contraction in its valuations.

The Times of India

Sony 'Terminates' Indian Merger With Zee

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.

International Business Times

‘Closing conditions not satisfied’: Sony calls off Zee merger

Sony Pictures Entertainment has reportedly called off the $10 billion merger with Zee Entertainment Enterprises Ltd.

Newslaundry

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Exclusive: AAP govt procured drugs from 2 blacklisted pharma firms with many failed quality tests

Six drugs from six pharma firms have fuelled a tussle between the Centre and the Delhi government, with both sides trying to blame each other for substandard medicines making their way to the capital’s government hospitals.

Newslaundry

“I’m not going to say it’s a masterpiece, but it is a beautiful and a totally worthwhile entry in the Pink Floyd canon”: The highs and lows of Richard Wright’s limited solo work

One of the quietest ‘quiet ones’ in music released just two solo albums and one collaboration, preferring to go sailing instead – and it’s unlikely there’s more to be found

Louder

Madras High Court dismisses Zee Media Corporation’s appeal against order in favour of cricketer Mahendra Singh Dhoni

Madras HC dismisses Zee Media appeal against cricketer Dhoni's defamation suit. Judges order media house to answer 17 questions within 10 days. Dhoni had filed suit in 2014 seeking ₹100 crore in damages for dragging his name into IPL betting scam. Zee Media failed to make out any ground for…

The Hindu

‘Repetitive probe’ in Yes Bank case may impact merger with Sony: Zee to SEBI

Zee has reportedly written to the Securities and Exchange Board of India that “continuous and repetitive” investigations – in a case pertaining to an alleged Yes Bank fund diversion – may impact its merger with Sony.

Newslaundry

IPL betting scam: Zee Media moves Madras HC against answering ‘17 questions’ raised by Dhoni

Zee Media yesterday filed an appeal in the Madras High Court asking it to set aside an order directing it to answer interrogatories raised by cricketer MS Dhoni in connection with a defamation suit he filed against Zee nine years ago.

Newslaundry

Zee Studios takes on the multiplex chains in Punjab

Zee Studios have decided to take on what they describe as the ad hoc and lopsided change in the OTT release window by major multiplex players in Punjab markets.

The Times of India

2022 could’ve been the year BARC regained news broadcasters' trust. It wasn’t.

The Indian news broadcasting industry is primarily split into two fraternities at loggerheads with each other. But over the last few months, both of them have approached the country’s premier television ratings agency, asking it to fix its faulty TRP measuring system. Titans of Indian journalism, meanwhile, have continued to…

Newslaundry

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Newslaundry

Why Zee Media won’t let Palki Sharma Upadhyay join Network18

The Delhi High Court on Tuesday refused to restrain former WION editor Palki Sharma Upadhyay from joining Network18. The anchor was taken to court by her previous employer, Zee Media Corporation Limited.

Newslaundry

‘Upset by media, wanted to expose them’: Cricket fan who called Zee News ‘worst channel’ on live telecast

After confirming the telecast was live, an Indian cricket fan in Australia called Zee News “the worst channel in India” and urged it to not communalise issues, before he was pushed away by a reporter. A clip of the incident was widely circulated on social media.

The Times of India

Zee-Sony merger: Groups agree to sell 3 Hindi channels to address anti-competition concerns

NEW DELHI: Media groups Sony and Zee have voluntarily agreed to sell three Hindi channels -- Big Magic, Zee Action and Zee Classic -- to address possible anti-competition concerns arising out of their proposed mega-merger deal.

Newslaundry

Is Aaj Tak’s bet on Sudhir Chaudhary paying off?

Sudhir Chaudhary was the face of Zee News for nearly a decade. So much so that the Hindi TV news channel’s brand, after a point, was indistinguishable from him. So, when he abruptly quit in June 2022, all eyes were on his next move.

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The Times of India

Zee Entertainment gets shareholders' nod for merger with Sony

NEW DELHI: Zee Entertainment Enterprises Ltd (ZEEL) on Friday said its shareholders have approved the proposal to merge with the rival Culver Max Entertainment Pvt Ltd, formerly known as Sony Pictures Networks India (SPNI).

The Times of India

Competition Commission gives conditional approval to Sony-Zee merger deal

NEW DELHI: The Competition Commission of India on Tuesday approved with certain conditions the mega-merger deal between media groups Sony and Zee.

Newslaundry

After being asked to remove 10 channels from Free Dish, Zee pulls out of BARC ratings

Zee Media has “pulled out” of the Broadcast Audience Research Council’s TV audience measurement system, citing issues with the landing page. As reported by Exchange4Media, this means its channels will no longer be a part of BARC’s viewership coverage.

Newslaundry

‘We are suffering’: Zee pulls out of BARC viewership ratings over landing page issues

Newslaundry

Zee challenges I&B ministry order saying its news channels can no longer be free-to-air

Days after the IB ministry revoked permission to Zee Media Corporation Ltd for simultaneously uplinking 10 Zee network channels in Ku Band on GSAT-15 satellite and C Band, Zee has moved the Delhi High Court for the order to be quashed. The revocation of permission meant that these Zee channels…

Newslaundry

Setback for Zee: Ten news channels will no longer be free-to-air

The information and broadcasting ministry on Friday revoked permission for simultaneous uplinking of 10 Zee network channels in Ku Band on GSAT-15 satellite and C Band. This means these channels will no longer be free-to-air.

The Hindu

Sony-Zee merger can hurt competition, more scrutiny needed, says Competition Commission of India

With 92 Zee channels in India and Sony’s global revenue of $86 billion, CCI said the deal would place the combined entity in a ‘strong position’

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