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Sony called off the $10 billion India Zee merger

Published on January 23, 2024
Current Context: Sony Corp has indeed terminated the $10 billion merger between its India unit and Zee Entertainment Enterprises on 22nd January 2024.
Sony called off the $10 billion India Zee merger
  • The original merger plan would have seen Sony holding a 51% stake in the entity.
  • However, the merger was called off due to unmet conditions.
  • There have been reports of disagreements over leadership.
  • Sony is now seeking a $90 million termination fee.
  • In response, Zee has stated that it could take legal action against Sony.
  • The company has denied the allegations and stated that all efforts and steps were taken by ZEEL (Zee) in line with the Merger Cooperation Agreement.


Q.1 What was the original plan for Sony’s stake in the merged entity?
a. 49%
b. 50%
c. 51%
d. 52%

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