{"id":848902,"date":"2024-08-28T10:14:09","date_gmt":"2024-08-28T04:44:09","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=848902"},"modified":"2024-08-28T10:15:27","modified_gmt":"2024-08-28T04:45:27","slug":"zee-sony-bury-the-hatchet-part-ways-amicably","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/28\/zee-sony-bury-the-hatchet-part-ways-amicably\/","title":{"rendered":"Zee, Sony bury the hatchet, part ways amicably"},"content":{"rendered":"<p>After months of court battles over a $90 million (around \u20b9748.5 crore) termination fee stemming from a failed merger, Sony Pictures Networks India (now Culver Max Entertainment) and Zee Entertainment Enterprises Ltd have finally decided to resolve their disputes amicably through a non-cash settlement, allowing both parties to move on independently.<\/p>\n<p>On 22 January, Sony terminated the merger cooperation agreement and the composite scheme of arrangement originally signed on 22 December 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After months of court battles over a $90 million (around \u20b9748.5 crore) termination fee stemming from a failed merger, Sony Pictures Networks India (now Culver Max Entertainment) and Zee Entertainment Enterprises Ltd have finally decided to resolve their disputes amicably through a non-cash settlement, allowing both parties to move on independently. On 22 January, Sony terminated the merger cooperation agreement and the composite scheme of arrangement originally signed on 22 December 2021.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[54,13,4],"tags":[],"class_list":["post-848902","post","type-post","status-publish","format-standard","hentry","category-broadcasting-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/848902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=848902"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/848902\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=848902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=848902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=848902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}