India’s Zee Entertainment approves merger with Sony unit

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

A guard stands next to a banner of Zee television outside a film studio in Mumbai, India, September 24, 2021. REUTERS/Francis Mascarenhas

BENGALURU, Dec 22 (Reuters) – Sony’s (6758.T) India unit and its local rival, Zee Entertainment (ZEE.NS), have finalised a deal to merge television channels, film assets and streaming platforms, Zee said on Wednesday.

Zee has also approved the appointment of Punit Goenka as chief executive officer of the merged company.

Register now for FREE unlimited access to Reuters.com

Register

Reporting by Chandini Monnappa in Bengaluru; Editing by Devika Syamnath

Our Standards: The Thomson Reuters Trust Principles.