Digital
Online gaming in India is among the world’s most vibrant, says MoS I&B Dr L Murugan at Storyboard18 DES 2025
Zee-Sony Merger: ZEEL seeks extension to the merger deadline
Zee Entertainment wrote to Sony Group Corp requesting an extension of the merger's timeline.
On December 15, The National Company Law Appellate Tribunal (NCLAT) refused to grant a stay on the merger of media giants Zee Entertainment Enterprises Limited (ZEEL) and Sony. (Image source: Moneycontrol)
Zee Entertainment Enterprises Limited (ZEEL) is seeking an extension to the merger deadline, initially set for December 21. ZEEL has written to Culver Max Entertainment Private Limited formerly known as Sony Pictures Networks India Private Limited) (CMEPL) and Bangla Entertainment Private Limited (BEPL), seeking an extension.
On December 15, The National Company Law Appellate Tribunal (NCLAT) refused to grant a stay on the merger of media giants Zee Entertainment Enterprises Limited (ZEEL) and Sony. The tribunal has however issued notice in the plea and listed the case for hearing on January 8. Axis Finance and IDBI bank had challenged the merger in the NCLAT.
SPOTLIGHT
As India eyes global leadership in media, entertainment and gaming, Storyboard18's Digital Entertainment Summit, set to take place on June 27 in the capital, will spotlight the bold strategies, policy pathways and creative innovations shaping the future of the industry.
Read MoreIN PHOTOS: At Global Pioneers Summit, visionaries chart the future of business and creativity
From the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.