Zee, Sony unit agree to divest three regional channels
FILE PHOTO: Zee Entertainment and SONY logos are displayed in this illustration taken, September 1, 2022. REUTERS/Dado Ruvic/Illustration
NEW DELHI : The Indian unit of Japan's Sony and Zee Entertainment Enterprises have agreed to divest three Hindi language channels as part of their deal to create a $10-billion TV behemoth, according to an order by India's competition regulator.
The Competition Commission of India had approved the deal earlier this month with certain conditions.
Source: Reuters
