{"id":849122,"date":"2024-08-28T11:02:50","date_gmt":"2024-08-28T05:32:50","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=849122"},"modified":"2024-08-28T11:02:50","modified_gmt":"2024-08-28T05:32:50","slug":"zee-sony-settle-all-disputes-over-failed-10-bn-merger-deal","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/28\/zee-sony-settle-all-disputes-over-failed-10-bn-merger-deal\/","title":{"rendered":"Zee, Sony settle all disputes over failed $10-bn merger deal"},"content":{"rendered":"<p>ZEE Entertainment Enterprises Ltd (ZEEL) and Sony Pictures Networks India on Tuesday said they have settled their six-month-long dispute related to the failed USD 10-billion merger and have agreed to withdraw all claims against each other.<\/p>\n<p>As part of the \u201ccomprehensive non-cash settlement\u201d between ZEEL and Culver Max Entertainment Pvt Ltd (CMEPL), both \u201chave mutually agreed to withdraw all respective claims against each other, in the ongoing arbitration at the SIAC and all related legal proceedings initiated in the NCLT and other forums,\u201d said a joint statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZEE Entertainment Enterprises Ltd (ZEEL) and Sony Pictures Networks India on Tuesday said they have settled their six-month-long dispute related to the failed USD 10-billion merger and have agreed to withdraw all claims against each other. As part of the \u201ccomprehensive non-cash settlement\u201d between ZEEL and Culver Max Entertainment Pvt Ltd (CMEPL), both \u201chave mutually agreed to withdraw all respective claims against each other, in the ongoing arbitration at the SIAC and all related legal proceedings initiated in the NCLT and other forums,\u201d said a joint statement.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[90,4,24],"tags":[],"class_list":["post-849122","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-tribune","category-newspapers","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849122","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=849122"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849122\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=849122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=849122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=849122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}