Essel Group, promoter of Zee Entertainment, will get the transfer of 2% stake in the merged entity from Sony Pictures as part of the Non-Compete Agreement of the merger proposal.
By Nisha Poddar
https://www.moneycontrol.com/news/business/essel-group-to-gain-2-stake-in-merged-company-as-part-of-non-compete-agreement-with-sony-7495581.html
#zeesonymerger #ZeeSony #ZeeMedia #Sony
By Nisha Poddar
https://www.moneycontrol.com/news/business/essel-group-to-gain-2-stake-in-merged-company-as-part-of-non-compete-agreement-with-sony-7495581.html
#zeesonymerger #ZeeSony #ZeeMedia #Sony
Moneycontrol
Essel Group To Gain 2% Stake In Merged Company As Part Of Non-compete Agreement With Sony
The group, promoter of ZEE Entertainment, to hold 4% in the merged company between Sony and Zee. Sony will transfer 2% stake to Essel Group post dilution due to merger as part of non-compete agreement between the companies, MD & CEO of Zee Entertainment Punit…
Media company Zee Entertainment announced a merger with Sony Pictures Networks India & Punit Goenka seems to be an integral part of the deal by SPNI.
Maryam Farooqui reports
https://www.moneycontrol.com/news/business/companies/punit-goenka-as-md-ceo-integral-to-deal-with-sony-zee-entertainment-7495861.html
#zeesonymerger #sony #ZeeSony
Maryam Farooqui reports
https://www.moneycontrol.com/news/business/companies/punit-goenka-as-md-ceo-integral-to-deal-with-sony-zee-entertainment-7495861.html
#zeesonymerger #sony #ZeeSony
Moneycontrol
Punit Goenka As MD & CEO Integral To Deal With Sony: Zee Entertainment
Punit Goenka noted that while the deal is subject to due diligence and the necessary documentation that needs to take place, beyond that he doesn't see any risk in the transaction.
#MCPro: Key shareholder #Invesco and the #Zee promoter are locked in a battle over holding an EGM. But the benefits of its merger with #Sony get the better of any downside.
Here's what Nitin Sharma says, investors, should do⤵️
https://www.moneycontrol.com/news/business/moneycontrol-research/zee-entertainment-entering-noisy-territory-should-investors-worry-7511281.html?utm_source=telegram&utm_medium=social
Here's what Nitin Sharma says, investors, should do⤵️
https://www.moneycontrol.com/news/business/moneycontrol-research/zee-entertainment-entering-noisy-territory-should-investors-worry-7511281.html?utm_source=telegram&utm_medium=social
Moneycontrol
Zee Entertainment Story Is Getting Noisy, A Matter To Worry?
ZEEL's merger creates the largest media and entertainment entity, with 75 channels and two OTT platforms
#MCProOpinion: If #Zee's promoters thought they won the battle by inking a deal with #Sony, they were mistaken. What explains #Invesco's insistence on holding an EGM? What's the one thing Zee has that Invesco does not and vice-versa?
✍️ Ravi Ananthanarayan decodes!
https://www.moneycontrol.com/news/opinion/goenka-invesco-tussle-both-need-a-crucial-bargaining-chip-belonging-to-the-other-7540581.html?utm_source=telegram&utm_medium=social
✍️ Ravi Ananthanarayan decodes!
https://www.moneycontrol.com/news/opinion/goenka-invesco-tussle-both-need-a-crucial-bargaining-chip-belonging-to-the-other-7540581.html?utm_source=telegram&utm_medium=social
Moneycontrol
Goenka-Invesco Tussle: Both Need A Crucial Bargaining Chip Belonging To The Other
The Zee-Invesco episode seems destined to be decided in the courts as a conflict of interest between the promoters and a large shareholder plays out
#TechWithMC | Sony is looking to take on Microsoft’s #Xbox Game Pass subscription with a new service. However, the tech major is looking to merge the two services into one offering.
Read at
https://www.moneycontrol.com/news/technology/sonys-spartacus-service-for-playstation-could-be-its-answer-to-xbox-game-pass-report-7793241.html?utm_source=telegram&utm_medium=social
#gaming #Microsoft #PlayStation #Sony #XboxGame
Read at
https://www.moneycontrol.com/news/technology/sonys-spartacus-service-for-playstation-could-be-its-answer-to-xbox-game-pass-report-7793241.html?utm_source=telegram&utm_medium=social
#gaming #Microsoft #PlayStation #Sony #XboxGame
Moneycontrol
Sony's Spartacus Service For PlayStation Could Be Its Answer To Xbox Game Pass: Report
Sony currently offers two subscription services, PlayStation Now and PlayStation Plus.
The much-discussed & talked about #ZeeSonyMerger will go through multiple stages of regulatory & shareholder approvals & will be led by #PunitGoenka
Here are the steps taken to bring the combined entity into existence.
Maryam Farooqui ✍️ at https://www.moneycontrol.com/news/business/companies/zee-sony-merger-a-look-at-the-steps-to-bring-combined-entity-into-existence-7859091.html?utm_source=telegram&utm_medium=social
#zeesony #Zee #Sony
Here are the steps taken to bring the combined entity into existence.
Maryam Farooqui ✍️ at https://www.moneycontrol.com/news/business/companies/zee-sony-merger-a-look-at-the-steps-to-bring-combined-entity-into-existence-7859091.html?utm_source=telegram&utm_medium=social
#zeesony #Zee #Sony
Moneycontrol
Zee-Sony merger: A look at the steps to bring combined entity into existence
Punit Goenka, who will be leading the merged entity, estimates eight to 10 months for the merger process to complete. Here’s a look at the process ahead.
"Spider-Man: No Way Home" continued to soar this weekend, leading the North American box office with an estimated take of $33 million.
Read at
https://www.moneycontrol.com/news/trends/entertainment/spider-man-no-way-home-collects-1-42-billion-in-worldwide-ticket-sales-within-four-weeks-7917801.html
#Sony #SpiderManNoWayHome #Hollywood #TomHolland
Read at
https://www.moneycontrol.com/news/trends/entertainment/spider-man-no-way-home-collects-1-42-billion-in-worldwide-ticket-sales-within-four-weeks-7917801.html
#Sony #SpiderManNoWayHome #Hollywood #TomHolland
Moneycontrol
'Spider-Man: No Way Home' Collects $1.42 Billion In Worldwide Ticket Sales Within Four Weeks
David Gross of Franchise Entertainment Research described the industry's overall picture as "mostly wreckage" -- except for "Spider-Man," whose earnings accounted for 46 percent of the total.
#Sony is likely to add new #technology partners to its EV project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces.
Read more at ⬇️
https://www.moneycontrol.com/news/business/sony-seeks-new-partners-for-transformative-ev-project-7969981.html?utm_source=telegram&utm_medium=social
Read more at ⬇️
https://www.moneycontrol.com/news/business/sony-seeks-new-partners-for-transformative-ev-project-7969981.html?utm_source=telegram&utm_medium=social
Moneycontrol
Sony seeks new partners for transformative EV project
Sony Chief Executive Kenichiro Yoshida at the CES technology tech fair in Las Vegas this month announced the creation of Sony Mobility, suggesting for the first time that it will try to turn an EV development project started two years ago into a money-making…
Epic Games has raised $2 billion in funding from #Sony Group Corporation and #Kirbi, the holding and investment company of the Lego group.
Know more at 👇
https://www.moneycontrol.com/news/technology/sony-kirkbi-invest-2-billion-in-epic-games-8348421.html?utm_source=telegram&utm_medium=social
Know more at 👇
https://www.moneycontrol.com/news/technology/sony-kirkbi-invest-2-billion-in-epic-games-8348421.html?utm_source=telegram&utm_medium=social
Moneycontrol
Sony, Kirkbi invest $2 billion in Epic Games
Both Sony and Kirkbi, the investment company behind the Lego group, have invested $1 billion each and the funds will be used to 'build the metaverse and support its continued growth ', Epic Games has said
#TechWeekender | Is the #Pixel7 worth the fuss? Which are the best #smartphones of 2022? Why #PhilSpencer is angry at #Sony?
Find out all this and more 👇🏻
https://bit.ly/3BFglmA
Find out all this and more 👇🏻
https://bit.ly/3BFglmA
Moneycontrol
The Tech Weekender | Top news from the world of technology this week
We tell you if the Pixel 7 is worth the fuss, take the new AMD 7900XT for a spin, pick the best smartphones of 2022, look into the great digital divide in our country and why Phil Spencer is angry at Sony. YouTube will now ask you to reconsider posting mean…
#MarketsWithMC | #ZeeEntertainment witnessed an increase in its shares, this surge came after the successful completion of the proposed merger with #Sony.
Know more details 👇
https://bit.ly/46gSzL4
Know more details 👇
https://bit.ly/46gSzL4
Moneycontrol
Zee climbs 1.5 pc after Goenka says merger with Sony on track
The merger between Zee Entertainment and the Indian unit of Japan's Sony will go through, whether or not he is the CEO of the merged company, Punit Goenka said.