Sony is close to calling off its proposed US$10 billion merger between its India operations with Zee Entertainment Enterprises over a disagreement on who will lead the entity.
Warner Bros. Discovery’s Chief Executive Officer, David Zaslav, met on Tuesday with his Paramount Global’s counterpart, Bob Bakish, to discuss a potential merger between the two companies.
Nearly two years after the deal was first announced, the proposed merger between Zee Entertainment Enterprises Limited and Sony’s TV operations in India has finally been given a green light.
Gerhard Zeiler is expected to share insight into Warner Bros. Discovery’s transformation post-merger as well as lay out the company’s worldwide content and streaming strategy.
Paramount Global confirmed that its flagship streaming service Paramount+ will combine with its Showtime app in the United States on June 27. The merger will come with an increase in pricing.