Zee Entertainment and Sony India settle $10bn merger dispute
Under the terms of the settlement, none of the parties will have any outstanding or continuing obligations or liabilities to the other.
Under the terms of the settlement, none of the parties will have any outstanding or continuing obligations or liabilities to the other.
Gaurav Banerjee will succeed NP Singh, who will move into the role of Non-Executive Chairman after a 25-year tenure.
The newly merged company will be home to 75 TV channels, two streaming services, two film studios, a digital content studio and an expanded library.
The proposed merged entity will be led by current Zee CEO Punit Goenka.