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Behind The $10 Billion Zee-Sony 'Break Up': Why The Deal Collapsed | Zee Shares Plunge 30%

The $10 billion merger of Zee entertainment enterprises and and Japan's Sony corp would have created one of the India's largest media networks. But, this deal collapsed with an acrimonious ending, sending Zee's stock plummeting and Sony standing with a $90 million termination fees demand. Watch.

24 Jan 2024
Markets

ZEEL shares fall 10% post Q2 results; promoter debt overhang lingers

The stock was at ₹250.10, down 5.5% on the BSE. During the day the stock fell to ₹239.85 a shareAnalysts still have a buy rating on the stock as they find valuations of Zee Entertainment attractive

2 min read18 Oct 2019
Markets

Markets likely to be firm, IndiGo and Zee shares in focus

PNB, Sun Pharma, SpiceJet, Adani Transmission, IRB Infrastructure, NMDC will declare their March quarter earnings todayTrade concerns also remain high on investors’ list of concerns

1 min read28 May 2019
Markets

Zee shares rise 42% from 2019 low, Macquarie sees 36% upside

Zee Entertainment Enterprises shares closes at ₹409.40, up ₹12.75 or 3.21%, on TuesdayBrokerage firm Macquarie says presence of five suitors, mostly global, reaffirms its view that there is a lot of interest in Zee at current valuations

2 min read23 Apr 2019
Markets

Chandra apologizes as Zee fortunes plummet

“Negative forces have attacked the price, with an intention of sabotaging ZEE Entertainment’s sale process,” says Chandra “The debt burden is purely at the promoter level, which is reflecting negatively on the companies,” wrote Chandra

4 min read26 Jan 2019
Industry

Decoding Zee’s plan to play the global stage

Realizing that the broadcasting business is changing rapidly, Zee seeks to embrace a global technology partner. Will it work?

9 min read10 Dec 2018
Market

Zee springs profitability surprise even though revenue hit by note ban

A decline in costs led to the profitability surprise, as overall revenue growth was just 3.4% compared to a year ago

2 min read26 Jan 2017

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