Sony Picture Network India (SPNI) management is committed to long-term growth in India and the company will actively explore new organic and inorganic possibilities to strengthen its presence in the country, company managing director and CEO, NP Singh told employees. In a letter, two-days after the calling off of the $10 billion merger deal with Zee Entertainment, he asked employees to focus on current projects, with an immediate goal to unleash the company's full potential, continuing to craft content that not only engages audiences but also boosts subscriber growth and revenues. "As we close the chapter on our proposed merger with ZEEL (Zee Entertainment Enterprises Ltd), I want to take a moment to talk to you - not just as your CEO but as someone who has been on this journey with you.
The Competition Commission of India on Tuesday approved with certain conditions the mega-merger deal between media groups Sony and Zee. In a tweet, the watchdog said it has cleared the deal with certain modifications. The proposed merger was announced in September last year. CCI said it has approved the "amalgamation of Zee Entertainment Enterprises Limited (ZEE) and Bangla Entertainment Private Limited (BEPL) with Culver Max Entertainment Private Limited (CME), with certain modifications".
The fate of the $10 billion merger between Zee Entertainment Enterprises and Culver Max Entertainment, formerly Sony Pictures Networks India, is hanging by a thread, with the two parties unable to finalise an agreement as the end of the one-month grace period looms. The two parties are yet to come to an agreement over Zee Entertainment Enterprises Ltd (ZEEL) MD and CEO Punit Goenka leading the merged entity after Sony expressed concerns after market regulator Sebi barred him from holding managerial posts in Zee and any of the entities in a fund-diversion case.
Joe Root now finds himself second only to Tendulkar in the list of all-time Test run-getters as he reflected on the Indian maestro's legacy his own journey as a youngster inspired by the Indian icon.
Action, romance, comedy, drama unlimited on OTT this week, lists Sukanya Verma.
Zee Entertainment Enterprises Ltd (ZEEL) is seeking rapprochement with Sony Group as it makes a last-ditch effort to resurrect a $10 billion merger, according to industry sources. After the Japanese multinational firm pulled the plug on its $10 billion merger deal in January, the Indian company reached out again to Sony to reconsider the termination and offered for talks this month, a source said. On the other hand, Sony is understood to be evaluating the proposal from Zee.
Sukanya Verma lists 10 terrific films available on OTT you need to watch right now.
A look at India's schedule on Day 1 of the 2022 Commonwealth Games in Birmingham, on Friday, July 29, 2022.
Irrespective of how busy your schedule is, we should always take out some time for the family, away from the gadgets that distance us, says Dr Upneet Kaur.
Kankhajura could have been so much better given its initial promise, observes Mayur Sanap
India's schedule on Saturday, August 6, Day 8 of the Birmingham Commonwealth Games.
At 250 million unique visitors a month, MX Player has for long been in the same bracket as YouTube (454 million) and Meta (324 million) in reach.
ISL, I-League clubs to meet Sports Minister after talks with AIFF chief Chaubey fail to end deadlock
Culver Max Entertainment, formerly known as Sony Pictures Networks India (SPNI), has terminated merger agreements with Zee Entertainment, which could have otherwise created a USD 10 billion media enterprise in the country.
It's a mixed plate in theatres this October, and OTT has a lot of interesting releases coming up as well.
India's schedule on Day 2 of the 2022 Commonwealth Games in Birmingham on Saturday.
You are hooked on The Hunt: The Rajiv Gandhi Assassination Case from the first episode, applauds Syed Firdaus Ashraf.
Bada Naam Karenge is a sweet, simple love story sprinkled with family drama and entertainment, something that has been missing from the OTT space for a while, feels Namrata Thakker.
Zee Entertainment Enterprises Ltd on Wednesday said Culver Max Entertainment, formerly known as Sony Pictures Networks India, has agreed to discuss extending the date required to make their merger scheme effective, a day ahead of the deadline. A day after Sony Pictures Networks India (SPNI) stated that it has not yet agreed to a deadline extension requested by Zee Entertainment Enterprises Ltd (ZEEL) for their proposed $10-billion merger, the Subhash Chandra family-promoted media firm said it has received a communication from Sony group for discussing an extension of the deal which was announced almost two years ago.
India's schedule on Sunday, August 7, Day 10 of the Birmingham Commonwealth Games.
India's schedule on Friday, August 5, Day 8 of the Birmingham Commonwealth Games.
Looking at the OTT releases coming up this summer.
India's schedule on Monday, August 8, Day 11 of the Birmingham Commonwealth Games.
India's schedule on Tuesday, Day 5 of the Birmingham Commonwealth Games.
Across the board, brands use influencers like a Bhuvan Bam or Kusha Kapila as the second or third rung of their strategy. The first rung is always a celebrity that has been created outside the Internet, through mainstream media.
Indian athletes' schedule for Thursday, August 4, at the Commonwealth Games.
Following is India's schedule on the sixth day at the Commonwealth Games. All timings in Indian Standard Time.
Black, White & Gray - Love Kills has a unique take on the standard murder mystery that may not be perfect but is very entertaining nonetheless, discovers Mayur Sanap.
February has some promising original content streaming on OTT.
Sony India and Zee Entertainment Enterprises (ZEEL) have agreed to sell three Hindi channels--Big Magic, Zee Action and Zee Classic--to address anti-competition concerns arising out of their proposed merger. The broadcasters submitted their proposal to the Competition Commission of India (CCI), which gave a conditional approval on October 4. On Wednesday, the CCI made public its detailed 58-page order, specifying the channels that would be dropped.
'When I meet someone and feel something, and start dreaming about a big wedding, I will...'
2018: Everyone Is A Hero is India's official entry to the Academy Awards 2024.
The world's most popular source for movie content, IMDb unveiled its list of the 10 Most Popular Indian Web Series, based on their page views on the site.
Despite being predictable, Sudhir Mishra's Tanaav Season 2 show is a good watch and doesn't lose its steam, says Namrata Thakker.
Critics and audiences have been comparing Abhishek Bachchan in The Big Bull with Pratik Gandhi in Scam 1992.
While some of them, like Sushmita Sen (Aarya 3) and Kajol (Lust Stories 2) disappointed Subhash K Jha, he picks his favourite performances from the world of OTT.
With three key subscription drivers -- F1, IPL and HBO -- gone, can Disney+Hotstar depend only on its chart-topping originals like Criminal Justice and Rudra: Edge of Darkness to hit both scale and profitability?
'As you gain experience, you realise that none of this is personal.' 'The failures actually teach you bigger and better lessons.'
