Zee Entertainment Enterprises Ltd

Zee Entertainment Enterprises Ltd has reportedly started settlement talks with its creditors to repay debts and remove the last hurdle in completing a merger with the Sony Group that would create a $10 billion media giant.

The settlement with creditors is said to be the last hurdle in completing the merger. 

IDBI Bank and Axis Bank are among the creditors seeking repayment.

Mar 31, 2023 15:03
Close on the heels of Zee Entertainment Enterprises Ltd announcing it has entered into an agreement with IndusInd Bank Ltd to settle all disputes and claims between the two parties, ZEE declared Friday that the Indian media major has entered into a one-time agreement with Standard Chartered Bank over a loan taken by Siti Networks, a multi-system operator promoted by the Essel Group.
Mar 30, 2023 16:03
Zee Entertainment Enterprises Ltd has entered into an agreement with IndusInd Bank Ltd to settle all disputes and claims between the two parties, paving the way for ZEE's merger with Culver Max Entertainment Pvt Ltd, formerly known as Sony Pictures Networks India.
Feb 24, 2023 17:02
MUMBAI: The National Company Law Appellate Tribunal on Friday stayed the order directing initiation of insolvency proceedings against Zee Entertainment Enterprises Ltd (ZEEL).  NCLAT also issued notice to private sector lender IndusInd Bank and the final hearing of the case will now be heard on March 29.
Feb 23, 2023 17:02
MUMBAI: Punit Goenka, MD & CEO of Zee Entertainment Enterprises Ltd (ZEEL), Thursday filed an appeal in the National Company Law Appellate Tribunal (NCLAT) seeking relief against the order passed by the Mumbai bench of the National Company Law Tribunal (NCLT) in connection with an insolvency plea filed against the Indian media major.
Feb 03, 2023 19:02
WWE chief executive Nick Khan has offered an update on the entertainment major's long in the pipeline plans to host a large-scale live event in India, which were majorly stalled by the COVID pandemic.
Oct 04, 2022 18:10
MUMBAI: The Competition Commission of India (CCI) on Tuesday approved the $10 billion merger of Zee Entertainment Enterprises with Sony Pictures Networks India, while imposing several conditions to prevent Zee-Sony from abusing the merged entity's dominant market position.
Sep 01, 2022 17:09
DID THE HEAD HONCHOS AT The Walt Disney Company not read their own memo? That certainly appears to be the case considering how far beyond even the most aggressive projections was the winning bid made by Disney Star to ensure the ICC TV and digital rights to both men’s and women’s global cricket events for the next 4-year cycle were kept "in house". 
Aug 30, 2022 18:08
MUMBAI: Zee Entertainment Enterprises Ltd (Zee) and Disney Star, Tuesday announced that they have entered into a strategic licensing agreement by way of which Disney Star will license the television broadcasting rights of the International Cricket Council’s (ICC) Men’s and Under 19 (U-19) global events for a period of four years, to ZEE. 
Jul 12, 2022 18:07
MUMBAI: Disney Star, Viacom18, Sony Pictures Networks India (SPN) and Zee Entertainment have reportedly raised concerns about the 'lack of transparency' in the bidding process for media rights to the International Cricket Council's next eight-year cycle of global cricket events.
Apr 28, 2022 08:04
MUMBAI: ZEE Entertainment Enterprises Ltd has appointed Mahesh Pratap Singh to head Investor Relations, spearheading the engagement with the investor and analyst community.