ZEE Entertainment Ltd, Sony settle dispute

ZEE Entertainment Enterprises Ltd. (ZEEL), Sony Corporation-owned Culver Max Entertainment Pvt. Ltd. (CMEPL) — formerly Sony Pictures Networks India (SPNI) — together with its group company Bangla Entertainment Pvt Ltd. (BEPL) on Tuesday said they have arrived at a comprehensive non-cash settlement, amicably resolving all disputes related to the merger co-operation agreement and the composite scheme of arrangement.