Zee, Sony bury the hatchet after failed $10-billion merger

Zee Entertainment Enterprises Ltd and Sony Pictures Networks India have decided to terminate all their disputes arising from their failed $10-billion merger.

The two companies have decided to drop all their compensation claims against one another as they draw the curtains on a protracted saga that started with the announcement of their merger in December 2021 and was winding down since Sony terminated the deal in January 2024.