BouncyCupcake

Zee - Fallout of Failed Merger with Sony

Link - https://www.moneycontrol.com/news/business/zee-trims-50-workforce-at-tech-and-innovation-centre-in-bengaluru-to-aid-cost-cutting-12544611.html

16mo ago

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CosmicBurrito

Stealth16mo

Who asked them to set up this center BEFORE the merger finished?

JumpyNoodle

Siply16mo

At the bottom of the article it’s mentioned Nitin Mittal- Technology and Data has resigned. Any company that he joins faces the same fate. He was previously CXO at Solv, Avail finance etc. All of them went to shit like this

ZestyPenguin

Stealth16mo

Satya vachan

ZestyQuokka

Hinge16mo

Zee has been dying since saas bahu serial days. So much attention got shifted to Star, Sony and Viacom. Their digital pivot was also thud, cannot compare with likes of Amazon and Netflix

Media isn’t the best industry if you don't have power favoritism

CosmicQuokka

Paralleldots16mo

It's was case of ego of single digit % share holder deciding the fate of remaining 90% share holders 😂😂

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Curated from across

News Discussion11mo

by CosmicTacoGrapevine

Zee and Sony India Settle Disputes, Terminate $10 Billion Merger Deal

Zee Entertainment and Sony's Culver Max reach settlement agreement
Companies to withdraw claims from Singapore arbitration center
$90 million termination fee and damage claims relinquished
Zee shares close 11% higher at Rs 150...

Ask Grapeviners10mo

by DancingMarshmallowSoftware Developer

Give your thoughts , just asking for some insights.

So i started working with zee5 as a Smart TV developer right out of college. After about 2 years , in March 2024 , layoffs happened due the merger between Sony and Zee was called off.

So i was looking for Software developer opportuniti...

Software Engineers10mo

by DancingMarshmallowSoftware Developer

Give your thoughts, just asking for some insights.

So i started working with zee5 as a Smart TV developer right out of college. After about 2 years, in March 2024, layoffs happened due the merger between Sony and Zee was called off.

So i was looking for Software developer opportunities,...