Zee, Sony reach non-cash agreement to settle disputes over merger

Zee Entertainment Enterprises Limited (ZEE), along with Culver Max Entertainment Private Limited (CMEPL), which operates as Sony Pictures Networks India (SPNI), and its affiliate Bangla Entertainment Private Limited (BEPL), have reached a comprehensive non-cash agreement to amicably resolve all disputes concerning the merger cooperation agreement and the composite scheme of the arrangement, Zee said in a press release.