Zee seeks $90 million termination fee from Sony for failed merger
New Delhi, May 24, 2024. Zee Entertainment Enterprises Ltd (ZEEL) has demanded a termination fee of $90 million (Rs 750 crore) from Sony Pictures Networks India, now known as Culver Max Entertainment Pvt. Ltd., along with its entity Bangla Entertainment Pvt. Ltd. (BEPL), for calling off a $10-billion merger deal in January. “Culver Max and…