[By Jose S Jose] The author is a student of The National University of Advanced Legal Studies (NUALS), Kochi. INTRODUCTION In a significant stride within the entertainment industry, NCLT (National Company Law Tribunal) Mumbai recently granted approval for the merger of Zee Entertainment Enterprises and Culver Max Entertainment, previously known as Sony Pictures Networks India. This transformative green light not only ushers in the possibility of a formidable entertainment giant commanding ... Implications of the Merger Fallout on Cross-Border Mergers & The Media Industry in India The fallout from the collapsed Sony - Zee merger has sent shockwaves through the Indian media industry, reverberating across the financial landscape and raising significant concerns for investors. Honourable NCLT approved the scheme of merger of Zee and Sony after what could only be a roller coaster ride for both the management. The merger between Zee Entertainment Enterprises Limited ( ZEE ) and Sony Group Corporation (SGC) is a recent case study that highlights the intricate dance between regulatory scrutiny, stakeholder interests, and market dynamics.
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