Zee – storyboard18

Mumbai Court dismisses Phantom Studios’ bid to enforce Zee-Sony merger scheme

In August, ZEEL and Sony's Indian units reached a non-cash settlement to resolve all disputes stemming from their failed merger.

The companies also argued that the tribunal lacked the authority to enforce a scheme that had not taken effect and noted that the scheme’s approval was conditional.

Investigation committee gives clean chit to ZEE, submits report to the board

Following the submission of its findings, the Board has advised the Company to proactively settle any pending adjudication proceedings with SEBI in a timely manner, in the interest of shareholders and all stakeholders of the Company.

ZEEL raises $239 million through 10-year Foreign Currency Convertible Bonds

Zee Entertainment had said it has plans to invest these funds to enhance strategic flexibility to pursue growth opportunities in the evolving media landscape.

Star India terminates $1.5 billion worth ICC sub-licensing deal with Zee

Star India, on September 16, filed a 'statement of case' before London Court of International Arbitration (LCIA) in which it declared termination of the alliance agreement and sought the damages in the now-terminated ICC TV rights deal case, from Zee.

The now-terminated deal would have granted Zee exclusive television rights to major ICC men’s events, including two ICC Men’s T20 World Cups (2024, 2026), the ICC Men’s Champions Trophy (2025), the ICC Men’s Cricket World Cup (2027), and key ICC U-19 events.

ZEEL receives shareholder nod to raise Rs 2000 crore via issuance of securities

Zee Ent recorded a 61 percent spike in net profit to Rs 209.5 crore between July and September quarter

On July 11, Zee Entertainment had informed the bourses that its board of directors will meet on July 16 to discuss fundraising options. These options include private placements, Qualified Institutional Placements (QIP), and preferential issues.

Zee and Nasscom partner to support Generative AI startups

Nasscom’s Generative AI Foundry programme is aimed at nurturing technology startups in the AI domain to elevate India's standing in the global Generative AI startup landscape. (Representative Image via Unsplash)

The partnership aims to foster innovation and growth in the Generative AI start-up ecosystem.

NCLAT defers hearing on IDBI Bank’s plea against Zee

IDBI Bank aims to recover approximately Rs 150 crore in unpaid dues from Zee.

SAT reserves order in appeal filed by Punit Goenka against SEBI’s confirmatory order

During the hearing, senior counsel Abhishek Manu Singhvi, representing Punit Goenka requested that the CFO of the merged company be allowed to report directly to the board if necessary, suggesting measures to safeguard shareholder interests.

SAT hearing on Punit Goenka’s appeal against SEBI confirmatory today

SAT had earlier sought clarification regarding the basis for SEBI’s imposition of an 8-month deadline for completing the investigation in this case.

Zee-Disney Star deal: Is cooperation the new norm?

Operating EBITDA came in at Rs 137 crore for the financial year ended March 2023 as against Rs 1,080 crore in the previous year. EBITDA is earnings before interest, tax, depreciation and amortisation. (Representational image via Unsplash)

Unpacking how the Zee-Disney Star ICC men’s cricket deal will help the media companies.