Sony plans to call off merger with Zee
Shortpedia
Content Team
Image Credit: newsbytes
Sony Group Corp. is considering calling off its India unit's merger with Zee Entertainment Enterprises Ltd., as per Bloomberg. The deal, which aimed to create a $10 billion media powerhouse, has faced two years of setbacks and delays. The primary reason for the potential cancellation is a disagreement over whether Zee's CEO, Punit Goenka, would lead the combined company.
