Zee Entertainment not to go ahead with USD 1.4 billion deal with Disney Star

Zee Entertainment cancels USD 1.4 bn deal with Disney Star for TV broadcast rights. The company misses USD 200 million instalment and terminates USD 10 billion merger agreement with Sony. ZEEL approaches NCLT to enforce merger deal and contests Sony's USD 90 million claim before SIAC.

Jan 25, 2024 - 23:30
Zee Entertainment not to go ahead with USD 1.4 billion deal with Disney Star
Zee Entertainment cancels USD 1.4 bn deal with Disney Star for TV broadcast rights. The company misses USD 200 million instalment and terminates USD 10 billion merger agreement with Sony. ZEEL approaches NCLT to enforce merger deal and contests Sony's USD 90 million claim before SIAC.