Zee Entertainment Enterprises Ltd

ZEE starts settlement talks with creditors to close Sony merger

Last updated : Apr 21, 2023 20:04

SportzPower Team

Apr 20, 2023 19:04

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Zee Entertainment Enterprises Ltd has reportedly started settlement talks with its creditors to repay debts and remove the last hurdle in completing a merger with the Sony Group that would create a $10 billion media giant.

The settlement with creditors is said to be the last hurdle in completing the merger.

IDBI Bank and Axis Bank are among the creditors seeking repayment.

Mar 31, 2023 15:03

Siti loan: Zee declares one-time settlement with StanChart

Close on the heels of Zee Entertainment Enterprises Ltd announcing it has entered into an agreement with IndusInd Bank Ltd to settle all disputes and claims between the two parties, ZEE declared Friday that the Indian media major has entered into a one-time agreement with Standard Chartered Bank over a loan taken by Siti Networks, a multi-system operator promoted by the Essel Group.

Mar 30, 2023 16:03

ZEE settles dispute with IndusInd, paves way for Sony merger

Zee Entertainment Enterprises Ltd has entered into an agreement with IndusInd Bank Ltd to settle all disputes and claims between the two parties, paving the way for ZEE's merger with Culver Max Entertainment Pvt Ltd, formerly known as Sony Pictures Networks India.

Feb 24, 2023 17:02

NCLAT stays insolvency proceedings against ZEE

MUMBAI: The National Company Law Appellate Tribunal on Friday stayed the order directing initiation of insolvency proceedings against Zee Entertainment Enterprises Ltd (ZEEL). NCLAT also issued notice to private sector lender IndusInd Bank and the final hearing of the case will now be heard on March 29.

Feb 23, 2023 17:02

Insolvency proceedings against ZEE: Punit Goenka moves NCLAT

MUMBAI: Punit Goenka, MD & CEO of Zee Entertainment Enterprises Ltd (ZEEL), Thursday filed an appeal in the National Company Law Appellate Tribunal (NCLAT) seeking relief against the order passed by the Mumbai bench of the National Company Law Tribunal (NCLT) in connection with an insolvency plea filed against the Indian media major.

Feb 03, 2023 19:02

WWE plans big live event In India once Sony-Zee merger through

WWE chief executive Nick Khan has offered an update on the entertainment major's long in the pipeline plans to host a large-scale live event in India, which were majorly stalled by the COVID pandemic.

Oct 04, 2022 18:10

CCI approves Zee-Sony merger with 'certain modifications'

MUMBAI: The Competition Commission of India (CCI) on Tuesday approved the $10 billion merger of Zee Entertainment Enterprises with Sony Pictures Networks India, while imposing several conditions to prevent Zee-Sony from abusing the merged entity's dominant market position.

Sep 01, 2022 17:09

Star-Zee deal locks Viacom18 out of cricket rights supremacy

DID THE HEAD HONCHOS AT The Walt Disney Company not read their own memo? That certainly appears to be the case considering how far beyond even the most aggressive projections was the winning bid made by Disney Star to ensure the ICC TV and digital rights to both men’s and women’s global cricket events for the next 4-year cycle were kept "in house".

Aug 30, 2022 18:08

Disney Star sub-licenses 4-yr ICC men’s events TV rights to Zee

MUMBAI: Zee Entertainment Enterprises Ltd (Zee) and Disney Star, Tuesday announced that they have entered into a strategic licensing agreement by way of which Disney Star will license the television broadcasting rights of the International Cricket Council’s (ICC) Men’s and Under 19 (U-19) global events for a period of four years, to ZEE.

Jul 12, 2022 18:07

ICC media rights: Indian b'casters flag concerns over sealed bids

MUMBAI: Disney Star, Viacom18, Sony Pictures Networks India (SPN) and Zee Entertainment have reportedly raised concerns about the 'lack of transparency' in the bidding process for media rights to the International Cricket Council's next eight-year cycle of global cricket events.

Apr 28, 2022 08:04

ZEE appoints Mahesh Pratap Singh as investor relations head

MUMBAI: ZEE Entertainment Enterprises Ltd has appointed Mahesh Pratap Singh to head Investor Relations, spearheading the engagement with the investor and analyst community.

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