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Discovery’s acquisition of AT&T’s WarnerMedia biz set to close in mid-2022

Discovery’s mega-deal to merge with AT&T’s WarnerMedia business is all set to close in mid-2022, subject to approval by Discovery stockholders and additional closing conditions.

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SPNI and Zeel sign definite agreements to merge

Sony Pictures Networks India Private Limited (SPNI) and Zee Entertainment Enterprises (Zeel) announced early on Wednesday that they have signed definitive agreements to merge Zeel with and into SPNI and combine their linear networks, digital assets, production operations, and program libraries.

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Zeel-Invesco tussle: We have never resorted to any hostile transactions, says Reliance

Reliance Industries Ltd (RIL) has released a statement after being embroiled in the Zeel-Invesco dispute on Wednesday. The company said that it has never resorted to “hostile transactions” and noted that reports in the media are not accurate.

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Zee-Sony merger no more than camouflage to distract from primary issue: Invesco

Mumbai: Invesco Developing Markets Fund has written a biting open letter addressed to the shareholders of Zee Entertainment Enterprises Ltd (Zeel). The investor has raised concerns regarding the “repeated governance failures” and “underperformance” of the company and has claimed that the timing of...

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The whys and wherefores of the Zeel-SPNI merger proposal

After days of conjectures fueled by boardroom battles, Zee Entertainment Enterprises Ltd (Zeel) pulled off a tour de force early on Wednesday announcing the company’s plans for a mega-merger with arch-rival Sony Pictures Networks India (SPNI).

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